Webgogs, nice post and I like the numbers.
For me personally I'd concur and hope we hold on for a proper offer, I just hope that Teck don't try to short-change us, but it's all down to ES & EE to make the decision for us. Sure, we'll get to use our votes but that's just playing ball with the rules. My crystal ball is cloudy but foresees the following potential scenario:
Teck: "How about $5 for the whole caboodle"
ES: "Try again"
Teck: $5.50?"
ES: "There's something wrong with your calculator"
Teck: "So what will you settle for, times are hard and we don't want to cheese off our shareholders?"
ES: "Let me phone a friend...(EE)"
And then we wait...Teck tock teck tock :)