1) The steps are there adding more high grade Cu to Productora....

1) The steps are there adding more high grade Cu to Productora.
2) The driving force a shortage of Cu say two years out.
It's getting from here to there that can be optimised.
There are people on the board with funding experience.
It may be that they've decided that we convincingly determine step one before we promote and wait for the wind in our sails with 2.

That leaves me with my investment strategy where HCH & XAM are two very high return satellites around a core of Cu producers or more defined to production plays.

It's more about knowing you horse and your course to suit it. It also explains my patience with the occasional slip.

You (one) can also play the volatility from this price if one wishes because this is a extremely highly leveraged play on Cu price. I suspect the experienced players are using that to get their average entry price down (as f*ing directors do, assisted by ultra low or no price options).