Time to exit the kennel?

Watched this dog for a while before buying after the CR in the tax loss period. Typical story, over extended in good times pushing high cost project with eroded price deck. Long rebuilding phase looks to have moved in the right direction grabbing nearby low cost high grade potential satellite tonnes aiming to lower development hurdles.

It’s not out of the kennel yet however signs are there for both HCH and the copper market that an entry point is around this time or approaching in the short term.

Pros
Low cap, high leverage to exploration success and copper price increases in a stable jurisdiction.
CR done with plus 300% option premium
Managment and fund backing.
Drill phase started.
Quality copper plays are limited.
Risks are well known.
Leverage to copper price without exploration risk.

Cons
Uneconomic resource base at current copper prices. Target 350-400c/lb which may not be achieved in the next 2 years.
Continue cycle of hand to mouth funding/dilution is likely without exploration success from new project drilling and/or significant copper price increases.
Con note and debt payments, weak register.
Question over managment to deliver within a small budget in a difficult period for specs.
Will need to attract additional funding preferably from supportive resource funds.