I say Thank God they didn't trigger Salazar by delivering the feasibility notice and instead negotiated a win-win 'out-of-the-Salazar-box' solution like this.

They did trigger Salazar, it was set aside as unworkable.

The third option, if we insisted that they spend 4X was that they walk away. Yes, we would have owned the whole project but it would not have been worth anything. If Teck walked nobody else would have been interested, even with Teck involved nobody is knocking on our door or we would have sent out the FROO to get things started.

The "feasibility notice" is not just a one-page document with that title. The "feasibility notice" is defined as the positive feasibility itself and the expenses report. Combined they are known as the feasibility notice in this contract.

In all contracts when a term is first introduced there is a definition and then a short-hand term is given to be used throughout the body of the contract. The feasibility notice is just the collection of documents that was given to Teck.

They did deliver a positive feasibility to Teck, along with the expenses, the sum of which constituted the feasibility notice. What happened afterwards didnt go according to plan, but some people think it was our best result possible under the circumstances.