I guess my first reaction is I damn sure am in no hurry to sell here, regardless of what Otto, whoever he is, thinks
Wish I had a better understanding of what that BFS represents, but I do know that Teck set out that 8% NPV as a minimal condition for a mine life of 15 years and 50,000 tons of production per year
So that was a pin that needed to be knocked down and it was
I do not think that the inclusion of that parameter in the BFS means that that is the mine under consideration, so the naysayers dwelling on that worst case data are missing the point
The problem is I still don't know what they will be negotiating
The BFS was isolated to the Schaft Creek Mine only, and we know there is a hell of a lot more there
Just no idea of how it will be weighed in light of what these things are worth at this level of proving up
A lot to learn, and trying my best to absorb...rapidly...
Monday will be fascinating