This is exactly my take on the flow of events

...and as I have previously speculated, the sticking point, IMO, is that Teck must take the concrete step of transferring the Liard shares upon delivery of the BFS

So they don't want Elmer to "officially" give it to them until they know exactly what they want to do

This requirement for an action on their part should not be used to forestall a benefit for CUU holders, which I sorta believe would result from the release of the BFS

Some of us are going to have to liquidate some shares because of other life events

We are being damaged as a result of this tactic