Ann: Exploration and Company Strategy Update, page-41

I agree re pessimism Grub but, for what it's worth, we're all moving through the grief and loss stages differently. 

In a conservation paper by Richard J. Hobbs titled "Grieving for the Past and Hoping for the Future" he outlines how people react differently to a changing environment using Kubler-Ross' classic death and dying cycle ie denial, anger, bargaining, depression and acceptance. See examples below.

The irony is, however, it seems we're not dying but alive and kicking... albeit slowly.

When I asked Ross about the positive directions and new projects, he responded:

"We are certainly energised through the affirmation a large conservative mining house gives us by committing to our project. The other main flow-on effect of S32 spending b/n US$8M and US$10M at Riqueza is that we don’t have to! Even though we will still be managers and will be busy (busier), we are “freed up” to take advantage of our connections and to consider other opportunities that exist in Peru." (note, this was before the East Timor Ann)

However,  when I asked is it likely that S32 will need the full 90 days to sign on, he responded:

"Alas, they are a large company and the wheels turn very slowly. They are very thorough and in the long run we (Inca shareholders) will benefit by S32’s proper process. Haste won’t find another Antamina – it’ll only miss one. So, the 90 days I think will be fully utilised. Notwithstanding this, the first year program is shaping up already."

Hopefully, this will help those with alpaca pessimism! Poet.