Personally, by their actions thus far, I think Teck already decided and SC will be developed. The work this year will provide the information they require to submit the required EA info at a higher production level and revise the RE. When Teck will announce their production decision and/or their decision to purchase our share of SC could occur at any moment and this will be the source of further speculation here until it occurs.

If this is Teck's plan. Then the real question is: What would be the most advantageous way to purchase CUU's 25%?

Considering, Teck does NOT want to add to it's debt and wants to continue reducing its expenditures. (As per last conference call, lets see if they stick to that script tomorrow).

IMO, they would need to FIRST line up a 'paying' partner (BHP, Glencore, Rio, Vale, Freeport, Sumitumo, etc), then buy out the 'parasite' partner (CUU).

How could this even be accomplished within our current agreement?

Any Tax experts here to shed some light?