Why do we not have a guidance issued for the full contract?
In particular, what are our rights and Teck's rights for the Earn Back In?
If it's not time for the release of this or Teck has veto on disclosure when might we see this?
These questions have not been answered. Lynn has not got back to me and it's been a while. What this tells me is that we will not be getting any guidance on the legal issues surrounding the Contract. We may never know the details of the Earn Back In even while it's being undertaken.
This must fall under non-disclosure.
I'm hearing from more heavy investors that they don't want to invest without full disclosure. (Lots of them). They say it's not reasonable for the contract to be withheld or at a minimum, some guidance from the company. Given the potential for complexity (litigatable clauses) they prefer to wait and see all the cards. They are more interested in how this will effect Teck shares and who the partner might be. Most of them are in dividend stocks but some are looking for more growth in their portfolios.