Why would they support? If EE wants to add, the lower it goes the better. Dido for DM. If I was in their positions, I would hope that this Boxing Day sale just keeps on going until February comes along. The Dumb money most likely does not see that a 60 day timer has already started or is about to start shortly.

Here's my take on the 120 days. The JV takes a few weeks to negociate, and then lawyers get involved and it gets expensive for something ES and EE are not even interested in persuing. In reality the only real wait we should have to endure is from now until we get an NR when the BFS is 'received' by Teck . Since time is money and that talks were already started regarding CUU inside Tecks offices, ES and EE will want these negociations done ASAP and certainly not when the 60 days timer self destroys at the beginning of March. If they want to start on Arizona this spring/summer, it will take a few weeks to get organized. I'd say mid-March or something like that at the latest.

I'm thinking that I might be in Cuba (Jan 15th-23rd) when CUU finally anounces: Oh, btw, Teck received the BFS last week and an informal offer has been submitted. Only problem, no WIFI! Oh well....