This is one of the longest meetings to date. They are wraping up the year and having final discussions. I hope this times well because the EU 10 day time limit is in place. We should have a deal while there's still money on the table. If Teck wants to go this alone and pick their own partner later they have to act now. It could become very hard to raise the 9 billion required for next year and pulling off their plans on revenues alone would leave them with little lattitude. If money gets tighter they have less barganing power when it comes to bringing in a partner.
Our buyout price directly effects their partner price and then some. Unless they come with a partner now they will expose that relationship to the whims of the market too. It's in their best interest to act now. Waiting a month to try get us cheaper could reduce the capacity of a partner. It could reduce what the gov't will kick in and could expose them to higher taxation on the revenues. Why leave the gov't actions floating out there as a wild card? Does it not make sense to lock that down with the gov't now? The may not like what happens after the gov't (Prov.) finishes this round of spending.
