Hate to rain on the pity party.The Water deal is real. Once...

Hate to rain on the pity party.

The Water deal is real. Once consummated, it will have a catalytic impact on valuation. The PFS and DFS will also de-risk the project and have a material impact on valuation. All within the announced strategy and timeline. Contrary to popular opinion, CE is doing a brilliant job. He has not wavered from his original vision. Both CE and JIS are focused and driven entrepreneurs. They are making strong strategic decision. Time will tell if the CR is accretive. Cash is also a smart insurance policy, which allows HCH to be patient, resilient and able to negotiate from a position of strength. HCH has been skilfully positioned by the BOD to afford us the best chance of capturing value from the universally forecasted pending Copper Cycle. The copper cycle timing will be delayed, if there is a synchronised world-wide recession or liquidity event. The M & A copper cycle has begun In earnest. Announcing low-ball opportunistic offers is not in our best interests. It would only be a sugar hit to the SP and put a premature and irrelevant and psychological ceiling on potential value. If a listed buyer announces a bid then you know they confident and are putting their best foot forward, as they need to execute or risk loosing faith with their own shareholders. All my opinions only. Not investment advice.