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Reinsman

10/03/11 10:58 AM

#60892 RE: Wyoman #60887

Do you think the Chinese would demand this before entering into an agreement, or would they even be aware of this trade clearing method.

I would guess the Chinese do not allow NSS in any way - I would guess they might be on something similar to a T4T system already - but I have no knowledge of their trading systems
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Perfectstorm

10/03/11 10:59 AM

#60893 RE: Wyoman #60887

Wyoman, that's kind of how I looked at it. The JV may be listed on the China exchange in which we would have a vested interest like a subsidiary. Really, TYTN is a holdings company like an umbrella so-to-speak with many rotating parts under it.