He agreed Tck will never pay the type of multiples we expect based on the current SP. The SP needs to move up do Tck can justify paying what we need.

That was discussed and agreed the SP needs to get moving. I am sure someone else who was there can verify. Either way it's irrelevant, because he is not promoting and that's my point.

Not necessarily...CUU is structured differently. I think Teck can acquire the 25% interest of Schaft Creek from us without buying out the company itself. We can redistribute the funds and spin off desert fox.

Maybe someone like Accountant have more idea about this.