Are people still expecting a buyout? I thought management had moved on since the discussions with Teck started to suggesting there will only be a back-in.
Iltea w/Mike, September 27, 2012:
Q: When the liquidity event happens, are we going to get a lump sum?
A: Either a lump sum or mix of cash and shares; then we’ll have a share roll-back, probably 10:1, and do this all over somewhere else.
Liddy w/Elmer, April 1, 2013
Q: How will Teck and CUU arrive at a fair price for a buyout given our SP and world financial stability?
A: There is no mention of a buyout. Teck has the right pursuant to the Option Agreement to earn back into the project. If Teck is considering a buyout, that is something we are not aware of.