Gelencore, have their finger in numerous pies. When HCH...

Gelencore, have their finger in numerous pies. When HCH desperately needed money they provided it.
I don't think anybody's hiding anything.

What I do agree with you on is, investing in mining exploration companies is a very tough game. When the short term selfish people come screaming for copper yesterday, they can pay with treasure. After all we've spent blood, sweat and tears to get it there for them so they can sprout their woke shite at their dinner parties and look down their noses at everting we do.

The big boys are on capital strike. They don't say much but what they have said is we'll invest when we are guaranteed the price to goes to USD $6+/ lb for cu over an extended period. it's the big FU. (They/we learned our lesson form 2011). You want to come up with resource rent taxes*etc. Well just like when you get work from a tradie, you have to make it worth our while.

All IMVHO.

* yesterday an effectively retrospective PRRT was slipped in on gas producers in the budget.