First off, when negotiating a price you don't start by announcing the rock bottom price that you will accept and expect to work the price up from there. 

Secondly, Schaft Creek is an advanced-study project -- considerably more studied and derisked than Galore.  Just because we decided to perform a PEA for our (unclear) corporate purposes, we should not be using a 'pennies-per-pound" valuation approach.  Schaft Creek's Feasibility Study has had Teck optimizations done to it for nearly a decade.   If Teck felt this was a PEA level project then they would have done what all other "never rest on your ores" operators would have done, drill like crazy to improve economics and de-risking.  They obviously don't see a need to advance the project any further and expose additional billions in NPV value, at their very severe own expense of taking us out.  They displayed Scahft Creek about a year ago as having a CU C1 cost of $0.60/lb!  I think that is less than half their costs over at their glorified-to-high-heaven QB2.   

So let's dispense with the comparisons of our optimized-FS-level Schaft Creek project to that of pennies-per-pound PEA-level projects like Galore.