I was reading the FS to look at the sensitivities to capital costs but came across this in the introduction(my apologies if it was discussed before):

With this feasibility study, Copper Fox will earn Teck’s 78% interest in Liard. Teck’s earn back option to acquire either, 20%, 40% or 75%, of Copper Fox’s interest in the Schaft Creek Property (the Property) is triggered upon delivery of this feasibility study to Teck.

Why would CUU allow these statements to remain in the FS after reviewing the draft? Why wouldn't Teck tell them to remove it if they didn't agree with them? These are clear statements which indicate the 120 day clock started on February 4. That press release said that Teck is discussing it's earn back options with CUU. We're all trying to figure out what's going on in the absence of information from CUU management but it's possible we could hear something soon, otherwise CUU is taking on a big risk by not declaring a material event has occurred.