Exactly

And that free trading 25% would then include the Liard interests and the carried interest to production as well as control of the JV, until Teck earns whatever interest they might opt for

...an interest and package that I daresay would have significant appeal for any entity with the interest and capacity to participate in a large, greenfield poryphyry district with inplace infrastructure in a politically stable region

In other words we have the goods and for the life of me I cannot understand this kowtowing to Teck