Why would EE want the risk and time of taking Schaft all the way thru to being a mine when he could get TCK shares and leave it in TCK's hands while diversifing his portfolio just by the nature of TCK's full suite of projects and businesses. Especially if TCK has "defacto control over CUU" thru the process and if "wealth, control and power" are EE's prime motivators.

EE would be much less constrained if he let TCK develop Schaft after getting shares and cash for his CUU paper. He would then have more cash and flexibility for ANI and SMG.

I think you have done a good job of supporting the case for EE to cash out of CUU and carry on with other adventures.