Well I've been wondering about that. If they spin off the jv as another company I'm not sure it would show on their books.... I'm no expert on this, but the jv is written up like they created a new company. It that is case could Teck not just provide the seed money to get financing. The books would show they invested x amount into the company but the debit would be under the company and not roll up to teck :)

Really it isn't all that different then what we are doing with the eaglehead site.