Mr. Brown is window dressing unless EE & ES want him involved.
So that begs the question why is he involved? If he doesn't promote the Fox which he doesn't then it's negotiations. EE as a CA doesn't waste money as we know. I've had it mentioned to me a few times that Teck knows what EE formula or buyout price is.
Mr Brown's job is to explore avenues in which to obtain that objective with in the JV so I'm sure as hell hoping that with this long wait for the data report is the flag required to activate the ROFO or if Teck knows that's the plan then attach a offer in the ballpark of EE formula which they know.
Of course I've been crushed every time I think there actually negotiationing.