Little confusing but this is my understanding as of now.
Similar to how it worked for Cerro…the Option agreement would be vacated and replaced at the same time with a new finalized agreement that goes into immediate effect when Les gives his thumb print etc at the Notario in Chile. This will pretty much wrap our investment such that it might be a good time to move on from MP and simply monitor PRs from Auryn going forward since Medinah will start to lose its identify as a distinctly different company with all news/noteworthy events coming out of Auryn.
I see little or no reason for Auryn to put out any news prior to this happening unless they(or Medinah) decide to give a heads-up that they are finalizing a new deal in Chile.
One other thing. There is an obscure rumor that Auryn will be distributing profits from the Caren mine/producton etc each quarter so its partners may receive cash as early as July this year.