True but evey dollar they must spend (even on their portion) brings the value of our portion higher.

Just like adding an extention to a house....if you own 25% of that house and the other owner wants to change the tiles, renovate the kitchen and bathroom, add a new extentions..etc...

The value of the whole house goes up, thus your 25%.

For that reason Teck will act before even spending a penny of their money.

Why would they help elevate the value (with their own money) of something they would eventually buyout anyway.

And the beauty is that 4 year clause....Teck would have to start spending money on Schaft Creek the day they back in....(so logically they will take us out before that)

And then you have the whole voting shares (Liard Indirect interest) thing, but I've explained that enough...lol