Forgive me if this has already been discussed.

After reading yesterdays release, my first concern was regarding the BFS being postponed into the 1st Qtr of 2012. Not so much because I wanted CUU to actually hit a deadline or to see us take a significant step closer to a conclusion, but more specifically, my concern was about missing the Delivery date of a "positive BFS to Teck on or before December 31, 2011."

I was under the impression that this deadline was a stipulation built into the original agreement between Teck and CF while under G.Salazaar(sp).

After contacting CF yesterday afternoon, I was incorrect about December 31st being a contractual deadline. Instead, it was not a contractual timeframe just an anticipated target of
completion.

Do it once, do it right!

MTF