I listened to the Teck presentation and it showed that Teck has a lot of cash, DL said, their "starting position is very, very strong indeed."

He said they were going to take a constructive long-term disciplined approach to new investment. They will always continue looking for new projects because that is their job, however he said there was, "no reason to chase marginal assets."

He also said nothing has really changed and that they will look at opportunities as they come up. "Frankly, we are not very busy at the moment. There is not a lot out there that is appealing to us. We have had discussions in the past but people's expectations were higher than we were prepared to commit to."

Well, if they're not too busy then they can concentrate on our project and they are not strapped for cash if they don't have anything better to spend their money on.