There's been some dumping in CU developers elsewhere too. Like FFM (Firefly Metals) down 10% today it was up that much in the previous couple. I'm sure it's related to panic buyin of Copper forwards allied to the Trump tariffs on Cu.
We're reliant on NW and his team to get the streaming deal( s) right. As I said he bought himself some space with the rising. You'd have to think there are others looking to use the Cu market and leverage via small developers in their favour.
Personally, I added a tiny sliver of FFM with a view to adding more. However, I'm flying with about a much sense as a warplane with conventional radar versus others using the situational awareness of the F35.
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