Teck is very concerned about their debt-to-equity ratio and I wondered if this would affect it negatively. Technically they are arranging financing on our behalf but they have to do that because nobody would lend us the money.
I wondered if they had to make a committment to repay the loan 100% it would affect their debt-to-equity ratio. It makes sense that it would have some affect.
I was also reading about the effect of having too much cash on the books which can be surprisingly negative. Apparently one measure of a company is the return on assets. With cash in the bank, that isn't making such a good return, it lowers their overall return on assets.
It would be nice if something pressures Teck to move forward sooner rather than later.