Teck must finance to production and once in production cuu's portoin is paid back with the revenue. It's still a cash cow to a major that doesn't require putting any money in until money is coming out.

Just to clarify, this is under the 75% agreement only (or something that they mutually agree upon that's not in the agreement). Though, I do think a 75% backin is most likely for reasons that have been stated ad-nauseum. If they don't back in for 75% and we don't mutually agree on financing, any other backin percentage doesn't come with financing (but does come with more of the mine...obviously).