Would saving a few hundred millions of dollars be worth wasting allt his time just so Ernesto would budge? Versus SC in production and taking advantage of a copper deficit as early as 2017 (from the article) or taking advantge of the next copper bull cycle.
I agree with you on all points. If there is a fair deal to be made then Teck will either make it directly or find a partner.
Another thing, Teck doesn't have to buy us out in order to put this in production. They can move forward with only 75% ownership if our price is too high. What do they care? They could put it into production and let us sell to someone else for a high price. I think Teck is capable of making a pragmatic decision and then walking away if the deal is not there.