This JV deal is Quite rare and unique! No deal of this kind exists! Elmer stated this. The value is huge.

So this JV contract is transferable! Meaning if new miner takes control of us, gets the same rights from the agreement and continues on without change!

Either Teck buys us out OR they work with us to sell their portion equal to copper fox's share for full benefits and maximum value exchange.

New partner benefits-

650 million is build costs savings (abnormal in the industry)

40 million in milestone payments

Further value add at no cost from exploration or development expenses (ex- 40-50 million in savings)

Assuming they paid copper fox 1 billion dollars for 25%.....they actually only paid 250 million based on all savings!!!