I don't think there's been anything to suggest that the BFS won't be on time.
Copper fox management has repeated time and time again that it is on time and will be released by the end of summer as previously stated.
They even went so far as to say is mostly finished and just needs to be reviewed. They know very well where they are at at this point, what needs to be done to finish the BFS and the timeline. To delay the BFS further would, in my opinion, be incompetent, and I think the management is anything but that.
That being said, there's still nothing to say that there's going to be a feasiblity study released at all. I'm of the opinion, similar to Canadagrant, that an offer is on the table, and suspect that instead of a BFS by the end of the summer, we're going to get news instead that Teck has backed in for their full share and bought out Copper Fox for the remainder of the company. Somewhere between $4-5 would be quite fair and realistic.
If a better deal is negotiated I'll be even happier. I see the light at the end of the tunnel.