Another possibility - Teck would commit to buyout 100% of Schaft Creek within the next 120 day period. Teck's lawyers will be busy preparing a new Option Agreement for the rest of CUU, having us do more exploration on the new claims to include Teck's newly purchased properties and a new BFS. At that time, if BFS is positive and bankable, Teck wil have first choice tol buy out 100% (or less) of CUU under the new Option Agreement. This way, Teck gets the best of both worlds.
1) They will buy 1-2 years extra time before committing a large chunk of $$$;
2) They will have time to accumulate more $$$ and see how economy is; and
3) They can focus on Schaft Creek.
In the end, Teck gets their DISTRICT and be the largest mine.