So obviously the agreement was thrown out the window. 75% and not the 4x expenditures. While this is still good news, especially in the current macro environment, it is somewhat disappointing.

On the other hand, it is great to see Teck release their own NR as this will only create more interest for CUU down the road.

As for a junior company though, this is a massive milestone. Congrats to management, negotiations could not have been easy.