Still listening to the webcast at the moment but it is very interesting to listen to Don Lindsay at about the 28 minute mark talk about the $3.2B in the bank and what to do with it. His comments are pretty bullish towards copper - especially projects at the mid point or lower in terms of cost and long lived projects almost equal in importance. I noticed he also pointed out the projections for the copper market and that $3 and $3.15 per lb are quite realistic, long term prices to use. SC's base case used $3.25. He seemed to tuck the $3.25 value in as an afterthought but that is only my opinion.