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  "documentTitle": "Teck Resources (TECK)",
  "authorId": "04_Greenlight_Capital",
  "authorName": "David Einhorn",
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  "presentationDate": "2021-05-12 00:00:00",
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  "notes": "The table highlights the 4.50 copper price point row.",
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      "text": "With the capital spending behind them, starting in 2023, depreciation will exceed capital spending, leading to even higher Free Cash Flow per share. So, it may be at 4.6x cash flow at $4.50 copper.",
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      "text": "With the capital spending behind them, starting in 2023, depreciation will exceed capital spending, leading to even higher Free Cash Flow per share. So, it may be at 4.6x cash flow at $4.50 copper.",
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      "text": "Source: Bloomberg LP, retrieved May 7, 2021; Greenlight calculations.",
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      "text": "Copper ($/lb) | Greenlight 2023E FCFps (C $) | P/FCFps",
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      "text": "Free cash flow sensitivity to copper",
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