Thanks Youngmoney for the clairity in you explanation.I understand it much better now.

This is the question I have, that I was trying to get at.

When the optimization is completed. I see how this could show a quicker pay back etc....

How will this still be a benifit for us?

This is how I see things, we are explorers.....we want to sell our 25% at fair market price. The "BFS" was suppose to show a profitable mine. In which it did, but just.

How can this show our "TRUE" value when we are getting down graded, by building a smaller mill? Because, say they build a mill (small) mill, to show profitability.

THe bridges, roads, hydro hook-ups etc... will be built for a larger mill, so the expence of that will be big. I dont think that putting in roads and bridges etc, just to accomidate a smaller mill will work. No sense in ripping all the equipment out and expand the hydro and widen roads for a bigger mine later. That would be a added expence.

So what would the saving be for building a smaller mine, when in a decade or so you'll rip it out to build bigger to mine more?

How will this look appealing to another major miner?

I know on paper it will look good. But if we are trying to wax and polish Schaft Creek to find another partner to take us out. Im sure that they will look at this aswell and know that the profits will be recovered quickly but more money will have to be put in this to build a bigger mine.

This is where my mind set is going. I can not see how down grading the mine would bring in another big miner to partner with Teck.

I would love, your take on this.

I hope I explained myself on this?