Is it me or is everyone forgetting something here. If teck says they are backing in for 75% and they want our 25%, they still haven't earned in. So in any buyout talks it is likely the 4x is put into the buyout price along with a value for the financing.

This is starting to get me to lean towards there being no buyout from Teck till they earn back the 75%. If they select the 75% instead of the 40% or 20%.