Liard shares When CUU presents TCK with the BFS it is deemed they have earned the Liard shares TCK owns. 78%
TCK earns back the same percentage of the Liard shares that it backs in for..eg..20-40-75%
If TCK backs in for 75% they get back 75% of the 78% they transfered to CUU
78x 75%= 58.5%.....CUU keeps the remainder, 19.5% as well as the 1.7% they already own. 21.2% total.
It's all in the agreement..hope this helps....chunky