I think it is best to assume the worst when it comes to timelines with CUU. The feasibility should be out by 45 days but it wouldn't surprise me if CUU managed to do some sort work around in respect to this. At the same time, it could come out today or tomorrow and I suppose Monday.

So does that mean that Teck's clock will start ticking? I think it is probable that it could be some time afterwards for CUU to write up a NR and actually deliver the feasibility and request for Liard shares. As well, I think it is important to prepare for the full 120 days afterwards. There is no use trying to speculate beforehand as managements track record speaks for itself.