Geo Political, Canada/BC has and will remain stable and mining friendly, the proven material in the ground can only increase with further exploration. However, the price of copper has gone from $3.70 ish down to $3.18 ish in the last 6 months and that may be a problem. The whole FS was said to have been very conservative, but yet the $3.25 used for copper was talked about here as being a little high, but did CUU feel that 3.25 was also conservative?
The price will change from now until this actually becomes a producing mine, 3 - 4 years, but Teck has to be looking at todays price and comparing the numbers with the 3.25 assumed.
When we talk about billions of pounds of copper, a change of of .50+ per/lb cents is very substantial.