Sorry to ask, how old are you now ?
Your argument sounds like a young guy at 40 years old, is worrying about at the time of 20 years later, which one of friends, who would be still alive, who would die before whom.
The current mining at Peru is a temporary way to get cash flow. The long term approach will see the cost prices is about US$20/T or so. Oh well, you are not SRK investor, so you do not know all the facts and history.
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