I am amazed at the people here saying that we have to wait for...

I am amazed at the people here saying that we have to wait for an increase in metal prices to see a start-up of Woodlawn, or Pioneer Dome for that matter. Woodlawn will almost certainly start on the Kate lens. This has sufficient feed for eighteen months with grades above 5% copper equivalent. This is very high-grade feed. There are copper mines operating profitably at present prices with feed grade below 1% copper and down to 0.5%. There will be very few copper or zinc mines in the world operating profitably when Woodlawn ceases to produce profit because of low metal prices.
The Company has announced that there will be a FID next quarter. The main impediment to a start is that it brings on a liability to meet the final installments of the purchase price. No doubt, management has the debt funds informally lined up for this and is working on fulfilling the conditions for this loan; probably largely to do with JORC resources. Bankers like long mine life before they part with their money.
We will see a FID next quarter and income before the end of next year. Woodlawn will be a very profitable mine and will finance a number of other exciting projects.