The sequence of events points to a deal being formed. We should get the 60/40 from Teck and then take on a 50/50 with our own partner for our share of the deposit. Pro rata deals like this are comon. A solid partner for us would enhance the value over all and any one wanting to take us out would pay more. Doing this in 2 stages puts cash in our hands for shares and opens the door to buy the new JV shares which we know will go up.