Teck Resources Ord Shs Class A T.TECK.A

An example of putting lipstick on a pig -

[4CommonSense]

excerpts from a week or 2 ago 

The company ... continues to evaluate offers ... by prospective buyers of its steelmaking coal business with the hope of making a decision before the end of the year. (Really - with 6 weeks left in 2023  to do anything and prospective buyers??   lol )

... CEO Jonathan Price said ... he is pleased with the level of outside competition Teck has generated through its announced plan to separate ..metals business from .....coal business, -- (what does this really mean - what's the 'message' - this has been on the table for 7 -8 months) 

The company will only accept a bid if it is confident regulators will approve the transaction (really? and how long would that take?)  - see above

“An important consideration will be the certainty of achieving separation, including receipt of the required regulatory approval,” ( were these XXXX  certain of separation wwith their 1st proposal?)

“We have to consider the certainty of execution and the risks associated with any transaction ... ( what on earth does he mean - where was this bit of quasi -intelligence and logic when the 1st proposal was put out?)

And ultimately, we will do what we believe is in the best interest of our shareholders  (Really? or  the Class A S/Hs only? ) .... having regard for those regulatory and approval requirements.”

spinorama  - for the unwashed