Joint partner to be announced will be a very large Chinese Oil and Gas company with a new tripartite Agreement between Ecuador, Ivanhoe and the Chinese company. Recognizing the work done to date by Ivanhoe, the Chinese company will make a cash payment to Ivanhoe of at least 50% of its investment to date in Ecuador which is $85M, see page 13 of IVAN 3Q filing. So a cash payment of at least $42.5M, likely by the end f January 2014. However, I would expect the cash payment to Ivanhoe to be closer to 70% of its investment which would be $60M. The Chinese company will pick p the majority of the next phase of the Block 20 development which will eventually utilize HTL.
Either way that should add $1 per share to the sp, maybe more. :-)
HTL announcement will be by the end of February 2014, likely with SBM. Moving the sp another $1, maybe more.
Another FAILED buggie pump and total fabrication by an inexperienced, uneducated, non-energy dummy that buys junk stocks and pumps them day and night while losing money. A total failure and must use his 36 aliases to cover his BS - YOU FAILED BOY!!!!!!! I'll give you $45 for the tires. What a COWARD....