"Teck has the option to back in 75% but we don't have to accept their offer for our 25% if it is too low and that's our advantage. Will they risk it to lose 25% of the project?"

But as is always the case when majors deal with juniors, the well funded big companies can just wait out the juniors

Their business model goes on, ours is starved for capital

So if I'm Teck and I have no pressure, apparently to do anything, that is what I will do

Somehow our market price is frozen

Eventually we will call uncle

Of course they will not budge, until they can steal us

Fairly,, of course