So if Mitsubishi payed 900 million for 18% of about 14 billion pounds of copper (P&P and inferred) their share is about 2.52 B lbs Mitsubishi is paying about 10% of the metal value at 3.50 Cu.

Using the same valuation for CUU one can expect at least 1B for CUU's 25% based on the M&I&I CuEq resource established plus all the extras.

Isin't that what I've been saying each time I've used the Quellaveco example. I've always used the same 900 million for 18% proportioal to 25%, nothing more.

CUU's M&I&I is :10.6 million oz gold, 98.3 million oz silver, 10 billion lbs copper, 700 million lbs molybdenum.

That's just 50% of the Paramount and Liard zone and that's just 1/2 the depth.

+ at 25% we get eveything involved in the Teck/CUU agreement.

I want to see a Quellaveco Feasibility study with an updated Capex. They don't have one.

The initial point in my previous post referred to the ongoing discussions on that day. It was to show that companies will fight for the Asset and that the Quellaveco deal was not based on NPV or share price.