So I'm convinced Ernesto will sell SC but for a fair price as they say. But what's a fair price?
There is no better way to determine a fair price than to conduct a world wide auction. Anyone know what our fancy new CFO is doing for us? Doesn't seem like much - he doesn't even list Copper Fox as an employer on his resume.
IMO, developing a relationship and fomenting excitement over this opportunity with each top-tier and mid-tier mining major is what he should be doing, if we are ever going to trigger a successful ROFO.
Contacting these majors only after delivering the ROFO to Teck will not work in my opinion. The 6 month window is too short on time to shop the project around and get commitments from majors. That work has to be done in advance. I somehow doubt it is being done.
Someone queue the crickets soundtrack.