The only scenario that I can imagine the SP dropping on release of the BFS results is if the NPV is significanlty lower than in the 2008 PFS. This is highly doubtful in my mind - increased TPD and a higher grade starting pit mean more money in the initial years, faster payback on CAPEX, and a higher overall NPV. It is all about the economics of this project ... how much money can 'we' or 'they' get out of a mine and how quickly? Financing it should be a piece of cake for Teck (and partners).
If metal prices spike I'm happy hanging on for another few months to get the deal inked. I remember Ernesto telling a few of us at the AGM that a buyout "right now" (i.e. July) or 6 months from now could be very different based on global market conditions. I agree, and hopefully we've hit bottom in the markets and are climbing back up.
I guess we'll see :) We're on the last lap folks ... let's hang in there and wait for the fireworks at the end of the show.