The funds are likely to keep buying metals like copper, as overall macroeconomic indicators are still positive.

Index funds keep pushing copper prices ever since it rose above $5,000 a ton.

Overall the sentiment in the metals is still very bullish and it is hard to see this changing in the near term.

The zinc market is going to become as tight as copper. Every speculator is buying zinc now.

This is no doubt a bullish factor. Copper, lead and zinc are the three metals that are suffering supply disruption from strike action.

Any funds that we receive from the city from this or any other project, my board would likely earmark for specific housing purposes -- if the money is not articulated by the city itself.