Why would a major be interested in acquiring us even with the clause of financing 
our part of the construction by TECK?

Even with our 25% another major is subject to Teck's decision to build the mine!
This major can wait for years if TECK wants it. Its purchase cost could be money tied
up for years.

In my opinion, this clause has no real value since TECK has the final decision 
and no deadline has been set.

I can't believe that for 20 million we gave up all our power relationship with TECK.

I know that the agreement provides for another 2 times 20 million when the decision 
to build a mine is made, but in the end, if there is a takeover, these millions 
will be taken into account in the final amount.

As long as the 60 million TECK investment in the jv would have been invested by 
TECK anyway to advance the project.

In my opinion TECK has no reason to advance this project quickly, time is on their side.