some might be happier having the cash in their pocket rather...

some might be happier having the cash in their pocket rather than at the mercy of the market.

i've had a look back at the 'delays' for Productora and 'more fool you' to those who didn't wake up to what was going on! CEO's go right to the line without stepping over it in terms of telling porkies and ASIC and ASX let them get away with anything anyway. I haven't looked at any videos from back then but I've no doubt promises were made.

if you take CE on his word right now then a PFS awaits this year, they've got the cash and December isn't long away and they can crunch the numbers on whatever Cu price they like.

A market downturn will put a hold on many other copper hopefuls so HCH should still be at the front of the pack. A downturn will reduce demand for EV's and take the shine off greening the planet for a while but the shortfall should still be there.

I'll wait until the market settles and happy to pay more if that's the case. A water business that needs a JV and a heap of cash might be tricky to navigate but Chile this region needs water, other businesses need water. Choppy waters ahead though.