How much would Minmetals and others would pay for SC that will be 100% financed by Teck?

I forgot about that, but they aren't actually paying for it, just arranging the financing. That makes it easier though.

Teck put in a bid on Las Bambas with two private equity firms: Blackstone Group and Magris Resources.

Why couldn't we sell our share now to either Blackstone or Magris?

The Las Bambas project has a revised capex of $5.9 billion. Minmetals is paying about $6 billion when you include the costs from this year, so there are about $2.4 billion in costs remaining on top of that $6 billion. I guess that's your $8 billion.

The mine has 950 million tons of ore reserves at .73% with a cash cost of $1.89.

SC has 940.8 million tons of ore reserves at .44% (with credits) with a cash cost of $1.15.

Van Dyke has 112 million tons of historial estimate at .52% copper, with the expectation there might be twice as much down deeper and it would be inexpensive to mine.

I think the major difference is the de-risking. The Las Bambas project is just that much safer than SC. We all think the EA is a no-brainer but I'm not sure if that sentiment is generally shared and it is different for us to risk our money and them to pay $billions under that assumption.

SC also isn't de-risked in terms of the capex. Las Bambas is close to the end of the build and there can't be that many more surprises ahead of them. We're before the beginning and there could be price changes over the next few years, so we are riskier.