This means that as of today, Copper Fox owns outright 94% of the potential proceeds of the eventual Schaft Creek mine, 6% being reserved as indirect, historic Liard interests

Don't forget the 3.5% that Royal Gold gets.

From the website:

The "Schedule A" mineral tenures are subject to a 3.5% Net Profits Interest held by Royal Gold, Inc., a 30% carried Net Proceeds Interest held by Liard Copper Mines Limited ("Liard")

We own roughly 80% of Liard, so 6% of revenues goes towards the rest of the Liard holders (Xtrata as one of those holders) and 3.5% towards Royal Gold. We're closer to 90-91% of revenues - and depending on what % Teck backs in (if at all - could buy us out or back out) if it's 75% the money would be going to Teck for the financed portion of our mine (that Teck would put up).

All this is somewhat moot however, as I don't expect CUU will be around in 4-5 years, at least not with Schaft Creek in their possession...possibly still some BC lands but most likely in Arizona.