That’s pretty much how I read it.
For me I think an approach and JV with Teck would be ideal. They are about to come off the back of Red Dog in Alaska which has been mined since 1989 and will ramp down to closure in 2032 ish.
They would need to get something to replace that and what better than this potential mine? Size comparison and conditions all met.
Ann: Annual Report to shareholders, page-11
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