" (Teck would first have to announce that they want to divest their interest in the project before Copper Fox could approach another company."

I can't find anything in the JV to support that statement. CUU has a ROFO. We only have to offer a proposed deal discussed with another party to Teck first to accept or not. Not that it matters much. We still don't have an agreement with Teck on the RE numbers so no one else would touch this property anyways.