Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TCKRF | TECK | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

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Teck Resources Ord Shs Class A

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Comment by MoneyKon Jul 14, 2020 4:14pm

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Post# 31267374

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Get Gold

I'm pretty familiar with the QB2 transaction.

Assuming the new report gives Schaft Creek a NPV (8%) similar to QB2 (but in CAD), Teck could buy the minority interest (Copper Fox), sell 30% to a third party (e.g. Sumitomo), finance 60% of the project on their credit line and probably build Schaft Creek for almost nothing, because the CAPEX is way lower than QB2. Imagine the IRR.

MoneyK

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