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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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Message: Teck asset sales….when?
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I think this is the argument of "sitting tight".

 

QB2 13.5% was sold at valuation of $1.944 billion.

 

Teck flipped it for a valuation of $4 billion.

 

Assuming Teck wants a partner, CUU selling point would be between those 2 points.  Pre-sanction and sanctioned project valuation.  EE and co wants to get as maximum value (i assume closer to the Teck selling to SMM).

 

Hell, i'm sure if we sold it for $100m for our company today, i'm sure someone would buy it.  It's what the end price is.

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