Will Teck take the ferrari for the price of a honda civic..lol I think so.
But just for fun...if they don't:
Just based on 2008 NPV 2.7 Billion:
Teck takes 40%, CUU keeps 60% (1.62B) = CUU sp = 4.13$
Teck takes 20%, CUU keeps 80% (2.16B) = CUU sp = 5.51$
Teck takes 0%, CUU keeps 100% (2.7B) = CUU sp = 6.89$
Now this is just based on 2008 NPV (metal prices and cost), it doesn,t even including exploration potential value, 2011 drilling etc....
I've already posted what analyst think..did you read it ?
JAY TAYLOR
''The sheer size of Schaft Creek is the factor behind another point made by some analysts in Canada. In short, they believe its size makes it an irresistible, strategic asset that China or some other Asian economy must secure. Thus, they expect that, if Teck backs out of the project, we will see a sovereign wealth fund or some other national entity step in to fund its development.
Lawrence Roulston:
If Teck does not back in, Copper Fox would effectively hold 100% of a billion tonne copper-gold deposit. They would have little difficulty in finding another partner.
Most significantly, the emerging Paramount zone and the other targets stand to add a significant high grade component to the project and thereby add substantial value to the project.
That value might be realized in the near term if a major metals company wanted a stake in a big development project in a very favorable jurisdiction.