Exactly HT. With smaller mines and ops you lose economy of scale...

Exactly HT. With smaller mines and ops you lose economy of scale and if you don't have the cash to complete projects that lower C1 costs further, your stuck. I know that Kagara have spent a lot on West 45 and have advanced the decline +341m with 90m to go but at this point they'd be better off consolidating assets further with zinc below $1 and flogging them off to focus on accelerating the copper business and eliminating capital constraints.