This is actually the best news we got this year.
"Copper Fox may, upon completion of the sizing and infrastructure alternatives study and its review and approval by the SCJV and securities and regulatory authorities, release key results and conclusions of the 2019 investigations"
That's huge of us! Essentially before today's news update, we were led to believe through past news and MD&A writeups that the 2019 results would NOT be made public as it would need a 43-101.
So why the change of heart from the scjv?
Maybe Teck needs to release enhanced economics to justify a buyout price to copper fox to its shareholders? Teck allowing us to release KEY data now could be a sign....things are coming to a close.
2019 report could lead to a subsequent news of an asset sale with Teck or news of a third party purchase with the JV. We halt on report findings.