"Even if another party took the 25% we have, Teck would be the operator and in the driver's seat."

That is not my understanding

If someone took our position, they would be the entity in charge of the Schaft Creek JV to be formed upon a back in by Teck...the position we now hold by agreement

An untenable position I would think for Teck and why I don't think there is much of a possibility that Teck will NOT buy us out, or pass completely