Since CUU has a price in mind and own 60+%, they have the choice to say yes or no to any offer Teck would present.

Since Teck knows very well that the waste is inferred and requires simple infill drillnig, they'll do their own numbers (the eye of the beholder) using their own prices. Offer won't be based on the Feasibility.

CUU decided not to spend more money and time based on what they know and what they know Teck knows. So they decided to force the hand 1st. Enough is enough Teck, what are you going to do.

A) If we get a fair offer (CUU's verison of fair) from Teck in the process, great.

B) If Teck backs in for 75%, then we use Teck money to do the infill drilling and enhance the Feasibility while the buyers are lining up ( since they would now be aware of Teck's decision).

And while all this is happening, our road and enviro permits are coming in one by one....Making Schaft Creek even more valuable.

So Teck knows this...and again I ask, does Teck want to finance a junior or a competitor to production (800 million), while they're being told how to spend the 360 million expenditure money, infill drill 10 holes adding 4 years to the mine life and 5 Billion dollars to the BFS, making that 25% even more valuable, all this as the permits are coming in.....

We have the port (limited space), we have the power line (limited space), we secured the land (long life exploartion potential). Who wants in.