So you are saying that Teck IS playing games with Ernesto vs acting in good faith for the benefit of the JV.
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No, I am not saying they are not acting in good faith, but are acting as any large corporation does.
They are looking out for themselves, not us.
They will not make the deal for us sweeter if they don't have to. They will stay withing the rules of the agreement, but as all large corps do when dealing with junior partners - they may bend the advantage towards themselves.
This is common practice in the corporate world. Nobody pays more than they have to, and everyone will do their best to squeeze whatever they can out of a purchase.
We always retain the option to go mining if we don't sell - that is our advantage. Hopefully they negotiate better this time if/when it comes to a buyout proposal.
