Not trying to bash you or anything but you sound just as naive about CUU since the day you joined the board... that or you have short term memory loss...
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Naive? I don't think so...
Even with optomizations, I doubt they can bring it below 3 billion and that is not an insignificant amount to spend - especially considering the length of time until the property starts to pay. Long term this is a slam dunk - but when will it fit into their plans? I don't have a crystal ball. Do you?
Not trying to bash you either, but I think it is naive to assume it is a trivial amount for Teck considering their current financial position. I can see the other side too, but you have been unflinchingly positive no matter what has happened since the day you joined the board.
Looking at our chart, who has short term memory loss?
At least I can see it from both sides and am willing to say I may not be right...