I asked ES if he sees any positive sides in the last news release. A big positive for us according to him is that..... (Teck are continuing to invest funds in the Schaft Creek project to investigate a major component (location of tailing dam) of a mine project and assembling a project team) About Shaft Creek.. ( the Schaft Creek is an advanced stage project. The focus in 2018 was to look at a number different scenarios and identify the scenario that maximized the value of the project. From the results of the 2018 work, additional studies/work would be required to advance the project to the next phase with the ultimate objective of a production decision)
About the imminent copper shortage and Tecks apparent delay which may cause them to loose part of the cycle should they decide to develop or sell.. (It’s not a function of waiting, it’s a function of completing all the studies necessary to understand/define a project that exhibits the economic merits on which a multi-billion investment decision can be made.)