Within 2 weeks.....
The late February decision from the SCJV regarding a 2022 program will be the huge reveal of how this story unfolds (positive or negative).
Many here know this upcoming program must be massive and a huge value add to stay another year. Not likely the case as Teck knows our price would just keep climbing.
The most likely situation is, Copper Fox is awaiting the 2021 results to then get an updated value and send a ROFO in for a 2022 buyout.
1) program isn't great- send rofo in
2) program is amazing- adds more value for further several month wait....
We need to see an announcement of a pfs report commencing, large drill program to convert & upgrade resources....submit permit application.