If Elmer's "reasonable and fair price" for our shares is - let's say $5.00 - that's approx. $2.1B...a third of all this potential for $2.1B plus one third of the capex?

GL, I applaud your optimism. I am very much hoping Teck does buy us out completely so that we don't need to spend another year drilling up that waste pile and doing another mine plan. However, I can't agree with your very optimistic value.

Are you really suggesting that Teck could sell a third of this project as currently defined for $2.1B plus a third of the capex? That would make the total project worth $6.3 billion with initial costs of $3.256B making a total commitment of $9.556B. All of this riding on a feasibility of $531 million?

I'm not trying to be negative here, but we have to be reasonable. We just don't have that much value proven up.