To expand on Chappys argument.

1) EE's low overall book value will allow him to make the quickest deal for a modest premium and a huge personal profit for himself, OR...

What is the value for the quickest deal? A lot of people is assuming the quickest deal for a modest premium is a low ball offer from Teck.

What happens if Teck is out of the picture? Say CUU owns SC completely? What is the value for the quickest deal of 10 billion pounds of copper at negative costs?

Then you may argue that well there's the option agreement with Teck. They are not going to pass up 75% for such a big project. Well that's great too. CUU will then own operating rights and 25% of the SC project for the next 4 years. Financing will be through Teck and if they cannot deliver a producing mine by then, we will have an almost finished project at 100%.

What is value of the quickest deal of 25% + operating rights+ financing from Teck?

2) EE has supported the company thru thick and thin and is interested in the best possible buyout for the biggest possible gain and a much more huge profit than #1.

EE supported this company. He knows what we have in the ground. He knows that once the BFS is out, everybody will be looking. (Maybe they are looking now already?)