Prospekt said, in part...

"This in itself is worrisome, let alone the timing. What number of strategies exist to monetize this?

There is the sale to Teck.

A sale to someone other than Teck--is that a different strategy?

What else that is acceptable?"

Every now and then I wonder if Copper Fox’s Right of First Offer (not to be confused with Right of First Refusal) which was included in the agreement with Teck is such an advantage. Granted, Copper Fox has the right to offer its 25 per cent to a third party in the event that Teck decides it can’t or won’t match what Copper Fox wants. But what is the incentive for any third party to buy prior to any decision by Teck to proceed to production? It all hinges on Teck’s decision to proceed, doesn’t it?