Finally had time to read Teck's last reported financials.
Same as I thought, continue optimization studies for Schaft Creek.
I found their last little bit about their copper production interesting.
In 2015, we estimate copper production to be in the range of 340,000 to 360,000 tonnes, with a weaker first quarter, but strong final quarter in the year. We expect our copper unit costs in 2015 to be in the range of US$1.75 to US$1.85 per pound before margins from by-products and US$1.45 to US$1.55 per pound after by-product based on current production plans, by-product prices and exchange rates.
Schaft Creek will be producing 101,000 tonnes of copper a year. Product it at a cost fo $1.02 per pound of copper after by products.
Schaft Creek can increase their copper produciton by basically 30% and at the same time produces at a lower cost than Teck's average copper cost.
You see how that all these numbers based on the BFS is good enough already but how good will they be after Teck finishes with their optimization studies?