I'm trying to understand the conditions that would trigger the 120 day timer for Teck to decide if they want to exercise their earn back option. From CUU's most recent MD&A:
Teck’s earn back option to acquire either, 20%, 40% or 75%, of Copper Fox’s interest in the Schaft Creek project is triggered upon delivery of a “Positive Bankable Feasibility Study” (as defined) to Teck after which they have 120 days to make a decision.
The words "as defined" troubled me so I sought out the definition and figured out that this is found in the "Teck Option Agreement" dated Jan 1, 2002. I have not been able to find this agreement and was wondering if anyone had access to it and/or could provide the definition of what a BANKABLE Feasibility Study actually is.