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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: What happens after the deal is done?
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Vette - I asked this once before and no clarification yet from Mike. If Teck takes door number 2 and opts for backing in to 40% of CUU's indirect and direct interest in Schaft Creek, it works out to 38.something% in total only and not a 40% interest in Schaft. Which means they can't vote as if they have 50% as per the agreement. What is your understanding, or did it come up? Do you think this is right?

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