If the BFS is completed the company is obliged by law to report the news of such a material change of its status and viability to its share holders
You are technically correct, however, any number of insignificant things can hold up the "completion of this document" like a required signature etc. What I am saying is that the BFS should be essentially complete given the amount of time they have had and should have been made public weeks ago. The fact that it is not tells me that other mitigating factors are holding up that "required signature" to make it legally complete. If Teck requested CUU management to give them more time to put together an offer and also requested that they hold off on making the BFS public do you not think CUU management cannot find a "legal way" to accomadate their wishes?