Teck is under no timeline. They don't have to make any buyout decisions regarding Schaft Creek this year; Nor in 2016, nor 2017, nor 2018... That's the double-edge sword of having a major such as Teck as a JV partner. They call the shots at their leisure.

If you're holding until the 'end game', then you have to be realistic and consider the possibility that you could be holding for several more years still.