I don't think he meant this to be a negative, just that it was too complicated to explain in a simple email. I've noticed all these mining deals are very complex documents with millions of clauses trying to cover every eventuality. If they end up with majority votes of Liard then I don't think too much damage can be wrought to us. On the other hand, we would be sitting in a position to make demands on Teck should they earn-back to the 75%. (If this makes them more cautious and take only 20% or 40% then we are better off.)

There would be no reason to end up in the courts because it would be analyzed before Teck takes a position. They wouldn't leave something potentially harmful that could hinder their progress hanging. Agreements would be signed before Teck even announces their decision.