Not knowing that it probably would not have made a bit of difference (or maybe it would have) in their getting the report this yearx

Let's see what Teck does. CUU probably has a number in mind and can say yes or no to a Teck offer.

If Teck walks (almost impossible), we keep 100% and we can easily poke 10 holes and prove up that inferred this years as a bidding war starts...(for 100%)

If Teck takes 75%, then we can still drill the 10 holes + we can sell our agreement (financing to production, 4x expenditures, voting shares, clause, land, port, power) to others. Bidding war 25% with many cherries.

It's still a win/win here. Management was probably betting on Teck taking it all.