What was the impetus behind the merger between Lero Gold and European Minerals?
SK: Lero Gold didn’t have enough money, and we were in a part of the cycle where I believed sincerely that in order to survive and be successful, you have to have something more advanced than just exploration properties. And then, of course, I know Kazakhstan like the back of my hand. And there were a lot of people, including Paul Reynolds and Endeavour, who were saying, “Sergey, look at European Minerals, this makes perfect sense.” And so Paul Reynolds started trying to broker the deal with Endeavour. So Endeavour was sort of on the opposite side – funny, but somebody had to be. And they did a proper job because I actually had an argument with some of the Endeavour guys, because they were doing a very good job on behalf of European Minerals! But we did it and we merged. They needed money, which was difficult at the time for them to raise. After I sold Oriel, it took us two days with Canaccord to raise all the essential money to basically bail EMC out and pay their debts. So that was t
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