Ann: Hot Chili arranges a $5.0m placement, page-19

Long term copper price many other projects in development use around $US3.10 per lb. Productora imo will not attract development capital unless it can get all in cash cost lower. If the high grade zone at Cordadera provides plenty of ore to bring up the overall grade plus gold credits then its possible the all in cash cost gets lower. Its yet to be seen how big this high grade zone is. Its not going to open pit mined imo so will require higher capital costs to reach and mine.

So far they have not attracted any new fund managers investing in HCH , also CMP and Sprott not interested in recent raise where only the bare minimum was raised.