"IMHO, I think management has been in negotions with Teck since the BFS was made public on Dec 21. They received an offer and it was rejected as too low."

Don't they have a legal obligation to the shareholders to release this information? If any offer is tendered on our company, this seems to be material information by definition? I can't see them keeping this on the down low. They can reject it sure, but not tell?

Anyone have an answer to what happens if they do not accept the FS as bankable? All ours 100% or we have to jump through more hoops and they still have first right of refusal and 75% for 4x?