HCH 1.91% 80.0¢ hot chili limited

Ann: HCH Executes Option to Secure Major Extension to Cortadera, page-91

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    Thanks for taking the time to share your dialogue with CE, JPGM.

    You might not have this level of detail, but any insights into why Antofagasta has never followed up the 2005 drilling results on their tenements?

    Given the demand for copper is forecast to increase and they would be well aware of HCH’s success with Cortadera why they themselves haven’t pursued further drilling at this deposit?

    Unlike a small cap ASX mining stock, Antofagasta aren’t fund constrained and would have their own extensive team of Geo’s - so just trying to work out why they would give this option to HCH and not pursue themselves?
 
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