I believe.....
Teck has had their 120 days through a confidential NDA
We have reached the end of the 120 day back-in timeline since the late summer deadline
Teck and CUU have been in talks for several months
The delay was in part due to Senior EE accepting nothing less than the max
The drills were ordered back by EE when negotiations stalled...but not for long
The remainder of the delay was for Teck to get their ducks(partners) lined up
Sedar filing just another stall tactic for Teck
The recent PP was needed for legal and close out costs
Focus now on Arizona and CUU2 because we are DONE
There will be no back-in
I expect a buy-out Monday...latest within 30 days
All cash offer at 1.5 billion or Teck shares on a 1 for 10 exchange, plus CUU2 share equivalent
If all share offer, Teck will buyback share equivalent on open market to sanitize float when market price permits
Just my thoughts....DC14