Thanks Chappy

Jason's reply echoes the text in the NR detailing delivery of the FS to Teck.

"Teck is reviewing the Feasibility Study and is discussing with the Company its earn back options available under the "Teck Option Agreement" dated January 1, 2002 ."

Which doesn't help explain, in either instance, what Teck and CUU are negotiating while Teck reviews the document.

I was puzzled in the first place to see mention of negotiations in the NR rather than merely stating that the FS was now in Teck's hands. Why the need to state publicly that there are negotiations at all? Especially as Teck is in process of review? I'd have thought it would be either/or. Review, then negotiations. Negotiate on the assumption that the review will be positive? In other words, covering the bases? It's still confusing.