On strategy, it will fly given a sustained higher copper price....

On strategy, it will fly given a sustained higher copper price.
That's reasonable if but more so if you have say a 5 year frame.

The role HCH plays in my portfolio is one point of a spear.
I.e. Established existing producers, battling existing producers and a couple of hopefuls who are terribly valued at present but extremely leveraged to Cu price.

Note on the explorers, I'm feeling the pain so fully understand what Topcall etc are saying. However, can tolerate it along the lines of what I keep hearing the AFL coaches demand of players i.e. play your role.