Point-counterpoint. Always a couple of ways to look at things.

So, if we were to use the "old numbers". After capital payback (yrs 1-7), the remaining mine life which should be 14 yrs based on total of 21 if i remember correctly. NCF is $415M/year. x 14yrs  = $6B

Even using these shty #'s , what $1B ( $500M from TECK & TBD partner)? CopperFox could wait it out and if they go to Production. pay nothing and collect $1.5B for its 25% after capital is paid back.

Prefered to get paid upfront, so if the #'s are optimized , would expect somwhere in the area of $750M -$1B for our 25%

$1.65- $2.25/share