I was just reading back through my notes from a conversation with Elmer. He said we would get a third party valuation. I don't think he said a third-party negotiation.

The trouble with that is they might base it on the feasibility. I'm not sure how they value potential, or make assumptions about that 171Mt.

If the valuation is prepared though before the deal is finalized then it would form as a recommendation on how to proceed. I have a feeling that Elmer, Ernesto, Mike and the others all have a pretty good idea of value on their own. The valuation will show both us and the Teck shareholders that the deal was reasonable.