Quote:
Originally Posted by highfive
My bad if I explained poorly. This is what i got from CUU website.
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what you bolded is exactly what i said....teck can only back in for a max of 75% of the PROJECT, NOT of the COMPANY
Quote:
Originally Posted by highfive
Basically, I think it's more worth it for Teck to buy out CUU completely instead just keeping 75% interest or less. Leaving CUU around with a 25% interest on a mine like Schaft Creek will create an opportunity for players to step in or take advantage.
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them buying out the COMPANY would be a whole other deal...not just 75% of the PROJECT
BIG difference between the project and the company (well maybe not since shaft creek is their only project) but still two very different things