All of these underlying agreements in the Salazar Agreement are 30 years and older (1968 to 1980).
As we know, the particular agreement specifying a 4 yr build has been muted by the passage of time and the 5+ build time of the project in our FS. I had just allowed myself to believe in this 4 yr agreement when it got thrown on the fire. That 4 yr clause could have been one peice of key leverage to force Teck to buy us out.
You have to wonder how robust the rest of those agreements are after all this time and evolution of the industry, the respective companies and the project itself.
Liard is the signatory on the majority of these agreements so Elmer being the Chair of the Liard board should have access to all them.
A good set of questions for PDAC would be regarding what are the conditions and the condition the rest of these agreements and how much we are spending on lawyers these days.