Finally had time to watch the whole AGM, thanks YM for posting the link.
A couple of points for me:
- 28:00: Elmer states, "...now that’s if you sell the asset alone. There are a few other options or possiblibilities out there that we could be looking at." Interesting. What other asset might be a good pairing with SC for Teck et al.? VD is the most advanced....but EH is in the neighbourhood....I can see Teck being interested in EH, given its presence in BC and influence provincially...and federally. Thoughts?
- 46:00: Elmer doesn’t think Galore/Schaft can’t be “put together” for a number of technical reasons (concentrates?). Savings from roads, hydro, bridges. Synergies with Galore were NOT included in 2021 PEA. Going to PFS level, Teck definitely looking at it, as any cost savings will mean something. I'm thinking this would be in the $M. For those longs who remember, there was the finding years ago by Prospekt that on an engineering consultant's website (possibly Tetra Tech?) that there was a project listing for "Schaft/Galore". She inquired about this and it was immediately taken down. Thoughts welcome.
K
