RE: “As I have posted before, what if Teck has asked us ( Cuu management ) to extend them some undetermined amount of time so that a partner could be brought onboard. If that is the situation, then what really could management say?”
First of all, any “what if” question is speculative. There is no evidence that Teck has asked such a question.
Assuming Teck has asked, CUU management could politely advise Teck that: (1) an undetermined amount of time has not been written into the earn-back agreement and (2) as a public company, CUU management has obligations to keep to contractual timelines that have been publicly disclosed. CUU management can then say that within those constraints, CUU is cooperating as much as possible with Teck.
In summary, I think it is possible to play ball with Teck while still keeping investor’s informed.