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highfive · 09-08-2011, 12:08 PM

Thanks, I'm gonna check out BPAX.

Like I said before about CUU. From the last NPV, Schaft Creek is worth $2.8 billion. CUU 25% share is $700 million. Teck can "buy" back in for only $240 million for a share in a mine of $2.1 billion NPV. Then to take out CUU and own the entire mine for 100%, they would have to pay a much higher premium than the $700 million NPV of the share of SC.

09-08-2011, 12:08 PM	#5131
highfive I contribute to threads in the offtopic forum Join Date: Nov 2006 Location: Vancouver Posts: 2,945 Thanked 1,123 Times in 533 Posts Failed 71 Times in 38 Posts	Thanks, I'm gonna check out BPAX. Like I said before about CUU. From the last NPV, Schaft Creek is worth $2.8 billion. CUU 25% share is $700 million. Teck can "buy" back in for only $240 million for a share in a mine of $2.1 billion NPV. Then to take out CUU and own the entire mine for 100%, they would have to pay a much higher premium than the $700 million NPV of the share of SC.