Teck can earn in for 75% of the reserves with a commitment to spend about $ 340 million. That's not the same as buying it since, in that case, all of the money goes out the door instead of being used to add value to the property. So even if you treat it as a purchase then Teck gets 4.2 billion lbs cu reserves for $ 340 million or about 8 cents/lb. I haven't added in the gold which makes it a better deal for Teck. They aren't likely to find a deal like that anywhere else with another acquisition. It also leaves more money available to sweeten a deal with CUU and still have a reasonable cost per lb cu. Teck needs to have a portfolio of projects lined up for the next 10 to 20 years. The forward price deck for copper looks good because of the good supply/demand picture. I really think Teck will close this deal soon.