Interesting question. Seems to me that some punters are scared...

Interesting question. Seems to me that some punters are scared cbe will run out of cash for further exploration in a year's time or are tired of waiting ..
it's has 57.79% insider ownership 'n BHP thinks it's worth investing in.
imo we are ok for 12 months and by then we should get a boost from assay results and price of copper. It's in demand and prices are up;

Copper prices have recently experienced a notable increase, partly due to a temporary US-China trade truce and ongoing supply concerns. The price surge has pushed copper to its highest level in 22 months. This rise is attributed to a combination of factors, including a potential structural market deficit and the impact of the green energy transition.

Key factors driving the copper price rise:

• Trade Truce:

  The easing of trade tensions between the US and China, with reduced tariffs, has provided a temporary boost to copper prices.

Supply Concerns:

Limited ore supply and potential production issues have fueled concerns about meeting rising global demand.

Green Energy Transition:

Increased demand from sectors like electric vehicles and renewable energy projects is driving the long-term demand for copper.

Inventory Levels:

Declining copper inventories, especially after the Labor Day holiday period, could signal persistent demand despite price increases.

China's Imports:

Strong Chinese import data has further supported the price rise.

Strategic Reallocation:

Major copper producers are strategically reallocating investments in response to challenges like declining ore grades and permitting delays.

Depreciating U.S. Dollar:

A weaker U.S. dollar can also provide a tailwind for copper prices, as it makes the commodity more attractive to international buyers.