Fidelity SPDR Advertisement
Home > Boards > US OTC > Mining/Resources >

Petaquilla Minerals Ltd. (PTQMF)

PTQMF RSS Feed
Add PTQMF Price Alert      Hide Sticky   Hide Intro
Moderator: No Moderator
Search This Board:
Last Post: 10/22/2014 2:37:54 PM - Followers: 93 - Board type: Free - Posts Today: 8


BNN Interview with Petaquilla Minerals CEO Joao Manuel
 (16 OCT 2012)

BNN Interview with Inmet CEO Jochen Tilk (02 NOV 2012)
First Quantum concerence call (07 May 2013)  Check minute 29 of Q&A

As of August 2013
Issued and Outstanding 222,230,161 Corporate Website  
Options 10,385,115 PTQ on Mining Almanac
Warrants1 32,157,600 Corporate Presentation
Finder 3,137,496 NEWS!!!
FULLY DILUTED 268,010,372  
1a small amount is convertible for 1.3 shares per warrant

*This page is maintained by independent investors and is in no way officially affiliated with Petaquilla Minerals.  
Petaquilla Minerals is not responsible for the information contained herein. Information provided by the independent investors  could contain errors.



 

Credit:

Photos of the sites are courtesy of:
- The publisher of a great German investment newsletter.  He visited all 3 sites
- DigiTech Strategy that visited Panama and Spain
- Petaquilla, from their public corporate presentations

Data and some of the photos are from Petaquilla corporate presentations and Sedar fillings

Comments are IMHO and could be wrong

Do your own DD

 

Historical O/S and Market Cap
Issued Fully Diluted Date BoD Control
of Shares
Market
Cap
- - 20071 - $305M
- - 20081 - $35M
120,040,121 162,287,819 2009.12.14 3.7% $80.1M
125,281,951 168,394,447 2010.08.10 11% $51.9M
137,901,951 168,455,160 2010.12.10 12% $157.9M
175,823,251 234,533,916 2011.02.25 12% $205.7M
176,429,501 233,610,366 2011.07.18 12% $127.0M
221,114,726 283,114,152 2011.09.22 12% $158.1M
221,164,726 275,258,295 2011.10.20 12% $143.8M
221,519,593 273,822,716 2012.05.18 12% $75.3M
221,863,781 271,613,114 2012.09.14 12% $149.8M
1 Historic market cap information found at Morningstar.com

Regulatory Filings:

SEDAR (Canada)  |    EDGAR (USA)

Transfer Agent (TA): Computershare - (800) 564-6253 

Quarterly Structure

Quarter Months Report Date
Q1 June - August OCT 15
Q2 September - November JAN 15
Q3 December - February APR 15
Q4 March - May AUG 31
Annual1 All Quarters Combined AUG 31
1 Indicates audited financial statement



 


Petaquilla Minerals Ltd is a growing, diversified gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and selected acquisitions. The Company operates a surface gold processing plant at its Molejon Gold Project, located in the south central area of its 100% owned 842 square kilometre concession lands in Panama - a region known historically for gold content. The Company received its operating permit from the Government of Panama on November 18th, 2009, authorizing the Company to proceed to commercial production of its 100% owned Molejon deposit. The Company achieved commercial production on January 8th, 2010, after having run its operations at an average of 70% of its normal capacity for a consecutive period of 30 days.


Petaquilla is developing a large project in Spain  and in Portugal (to be updated)

Petaquilla Minerals Ltd. ("PTQ") intends to distribute to its shareholders one share of Panama Development and Infrastructure Ltd. ("PDI") for each four shares of PTQ held on the record date for the distribution.   Distribution of PDI will be effected by way of a Plan of Arrangement or some other tax-efficient mechanism. Transaction is subject to all requisite shareholder and regulatory approvals.   Petaquilla Minerals expects to announce the record date for PDI spin-out by the end of the year.


Projects Location


 







Production Growth







Resource profile


      



                    

                                                                      Spain resource









Historic Au Production and EPS
Quarter Mined (ozs) Poured (Eq-ozs) Sold (Eq-ozs) Realized Price (USD/oz) Cost (USD/oz) EPS
Q1 2011 17,963 10,738 12,390 $1,206 $729 (0.05)
Q2 2011 24,330 15,268 13,320 $1,328 $640 (0.06)
Q3 2011 18,566 12,825 14,064 $1,377 $627 0.01
Q4 2011 25,302 16,735 14,843 $1,472 $525 0.03
FY 2011 86,161 55,566 54,617 $1,348 $625 (0.03)
Q1 2012 33,203 18,014 17,987 $1,508 $554 0.03
Q2 2012 37,056 18,100 16,297 $1,592 $557 0.03
Q3 2012 36,304 14,163 13,040 $1,520 $633 0.02
Q4 2012 31,590 17,725 15,546 $1,617 $612 0.02
FY 2012 138,153 68,002 62,870 $1,640 $574 0.10
Q1 2013 36,713 17,882 17,597 $1,595 $524 0.02
Q2 2013 25,865 20,025 17,905 $1,724 $444 0.01
Q3 2013 22,367 18,013 14,598 $1,647 $637 0.07
Q4 2013            
FY 2013            
NOTE: Values in italics are estimates based on company forecasts or analyst research. 




Molejon Resource estimates
 

Based on the pre-feasibility level design work completed and reviewed, the authors believe there are approximately 15.3 Mt of gold and silver reserves that can be produced averaging 1.30 g/t gold and 2.05 g/t silver and recovering approximately 586,000 ounces of gold and 711,792 ounces of silver. In addition, the pit contains 36.8 Mt of aggregate reserves which should yield approximately 29.4 Mt of saleable aggregate products after crushing and screening.  Behre Dolbear believes that the mine will be able to produce the projected 643,000 ounces of gold and 1,008,693 ounces of silver




 

 


 

    


 

Corporate Organisation





 


 

Latest Financial Performance


                                                     




                                         

 

Forward Gold Purchase Agreement

On September 22, 2010, the Company entered into a Forward Gold Purchase Agreement ("the Agreement") with Deutsche Bank, AG ("Deutsche Bank"), in an amount of $45,000,000. Under the terms of the Agreement, the Company has sold to Duetsche Bank, a Contract Quantity of Gold being 66,650 ounces.

In addition, should the gold price be in excess of $875 per ounce, the Company will receive from Deutsche Bank, an additional gold payment amount equal to the product of the monthly quantity of gold delivered in that month and the amount by which the gold price exceeds $875 per ounce, limited to $415 per ounce.

 


 

Mining Investor's Toolbox:

Mining Valuation for Beginners

In Situ Valuation Calculator

In situ valuation (quick and dirty, doesn't take into account a number of important factors):

  • Buy below 10% of in situ mineral value: (Mineral value * 0.10) / shares outstanding
  • Sell above 40% of in situ mineral value: (Mineral value * 0.40) / shares outstanding

Basic Valuation:  EPS * 10 = Target Price  ... EPS = (revenue - costs) / shares outstanding

Advanced Valuation: DVM's valuation ratio = [stock price x (basic shares outstanding + in the money derivatives assuming exercise + newly issued shares from financing) - working capital - cash from in the money derivatives assuming exercise - cash from newly issued financings + major capital cost items if applicable] / gross profit

Target price = cash flow multiple / DVM's valuation ratio x stock price









 

 


 

Panama Project
 



The project area is located in the District of Donoso, Province of Colon, approximately 100 kilometers west of the Panama Canal on the Caribbean Coast. Petaquilla Minerals' land holdings are situated in the perfect position to ship concentrate at low cost to Europe, Asia, and North America. 

The combined project area comprises 795 sq km on tide line. The plant site and open pit is serviced by a new road built to a 70-tonne specification.

Project tenure is secured by 'Ley Petaquilla', a project specific mining law that gives the two companies secure ownership, in three renewable phases, for a total of sixty years. 







 
 

                                                         Petaquilla Projects                                                                                       First Quantum Project







Molejon Aerial view


 






Molejon Mine Mill Layout















            

 

                                                                                                             PDI office at the Molejon mine entrance                                            Heap Leach Pads on the left.  Molejon mine pit in the background





            


Heap Leach Pads  The large one is being loaded                                                                     Loading of the main Heap Leach pad



                      



The heap leach Process
  




                            
      

                                                                    Loading of the main Heap Leach pad                                                                                                             Molejon Mine Tailings


 

          


 

                                                       PDI crushers for aggregate                                                                                                                                     The 4 ball mills


 



FQ By-pass road contruction
The road will go to the FQ mine and to the new Caribbean port 30km away





FQ by-pass road construction behind Molejon mine


 









Petaquilla Spain Project


     



                                                                                                                     Petaquilla mines and  neigbours                                                                                                              Spain Pyrite belt




 

                  

 

                                                                                                                                          Lomero Poyatos head shaft                                 San Telmo open pit mine (to be drained)



 



Lomero Poyatos property  (on the left is San Telmo)






 

 


Lomero Poyatos underground view  



     

Phase 2 of the drilling campain. 
16,000 meters using 5 drilling rigs 24/7



 





Petaquilla Portugal Project









 


Almada Mining SA in Portugal.

Almada Mining SA is located in Portugal and is 100% owned by Petaquilla Mineral.

The Bania mine is on 5.12 km2 land and the total exploration rights area of the Banias project is 117km2.

This area was mined during the Roman empire. No resource estimate has been done but samples from the mine yielded as much as 523gr of gold per ton. Of course the average will be a lot lower than that (around 5 to 10 g/t) but most of it is "free" gold so no need for a mill. A bunch of shaking tables will do it.

18 holes over 5,000 meters are being drilled to get a resource estimate.

The mine is approved for a trial period of 150,000 tons a year for 3 years. Yes, get you calculator and use 10gr per ton just for fun.

Capex is about $5M and the mine could be in production 9 to 12 months from now. One nice thing is that there is no need to dewater the mine.


The company has another project in Portugal it is the Jales project 120km away. I do not have a lot of data about that one. Bania is the one to concentrate on right now.

Here are a few pictures of the mine



 

                                                         



Almada Mine entrance                                                          Almada mine location





   



Samples showing "free" gold



         

Storage of cores from drilling



                                  





Visible gold inside the mine





 


DISCLAIMER:  Opinions expressed on this board are only people's opinions. Neither I, nor any moderator or assistant of this board, is a licensed broker. Trading strategies discussed on this board may be high risk and not suitable for everyone. Only YOU are responsible for your gains or losses in the market. DO YOUR OWN DUE DILIGENCE before buying or selling ANY SECURITY.

  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
PTQMF
Current Price
Volume:
Bid Ask Day's Range
Wiki
PTQMF News: Report of Foreign Issuer (6-k) 10/21/2014 09:04:02 AM
PTQMF News: Report of Foreign Issuer (6-k) 10/08/2014 09:07:13 AM
PTQMF News: Report of Foreign Issuer (6-k) 09/23/2014 01:54:01 PM
PTQMF News: Report of Foreign Issuer (6-k) 07/22/2014 05:03:27 PM
PTQMF News: Report of Foreign Issuer (6-k) 07/09/2014 06:00:53 AM
PostSubject
#26060   You are wrong on that assumption, basically the theTruthsetyouFree 10/22/14 02:37:54 PM
#26059   You're making the points that I was trying to. jalbiglog1 10/22/14 02:37:04 PM
#26058   Interesting observation about "Banana Republic" yet its wrong. theTruthsetyouFree 10/22/14 02:25:28 PM
#26057   The best news we could get would ratherbefishin 10/22/14 11:55:20 AM
#26056   So basically in a nut shell, there will badge792 10/22/14 11:23:37 AM
#26055   Give your head a shake,this is a Vancouver ratherbefishin 10/22/14 10:14:11 AM
#26054   the companies subsidiaries operate in Panama, Spain JustForFun7 10/22/14 10:13:05 AM
#26053   Aren't the rules supposed to be lawful when jalbiglog1 10/22/14 09:39:02 AM
#26052   welcome to the rules of a Banana Republic JustForFun7 10/21/14 10:03:08 PM
#26051   Heres the funny thing about that author.....He's not badge792 10/21/14 06:31:23 PM
#26050   It's not the first time most of the jalbiglog1 10/21/14 04:50:51 PM
#26049   Right after they sold COPPER,the games began.....they have ratherbefishin 10/21/14 04:40:11 PM
#26048   probably a lot of truth there but probably JustForFun7 10/21/14 04:04:17 PM
#26047   I would bet it's all true. jalbiglog1 10/21/14 03:25:56 PM
#26046   they got the chart right. JustForFun7 10/21/14 02:49:49 PM
#26045   This Turd appears to be doing the last acanuck 10/21/14 02:46:51 PM
#26044   I think I'd place a lot more validity jalbiglog1 10/21/14 10:37:47 AM
#26043   Go to this website for news on Spain: redflame 10/21/14 10:26:03 AM
#26042   Good my name not be revealed because all redflame 10/21/14 10:19:20 AM
#26041   Who is it making these comments? jalbiglog1 10/21/14 10:17:54 AM
#26040   petaquillapenonome.blogspot.com/ original article golddigger507 10/21/14 09:22:17 AM
#26039   Late filing....So,is anybody surprised?the only thing these guys ratherbefishin 10/21/14 08:42:11 AM
#26038   NATIONAL POLICY 12-203 redflame 10/20/14 10:10:28 PM
#26037   NATIONAL POLICY 12-202 redflame 10/20/14 09:59:33 PM
#26036   Market already knew this was getting delayed in bobby1231 10/20/14 08:40:10 PM
#26035   Holy shit.......but I bet their pay checks come badge792 10/20/14 08:26:15 PM
#26034   Petaquilla Minerals Ltd. Announces Expected Late Filing of bobby1231 10/20/14 06:49:27 PM
#26033   The bigger issue is they don't have any jalbiglog1 10/20/14 03:50:24 PM
#26032   They don't even have access to LP! acanuck 10/20/14 02:11:27 PM
#26031   The people that seem to be in denial jalbiglog1 10/20/14 11:08:41 AM
#26030   May 12 PR.......it is now the end of Oct. badge792 10/20/14 08:46:53 AM
#26029   D day plus 19 days and counting. badge792 10/20/14 07:40:15 AM
#26028   PTQ lost the rights to LP long ago. acanuck 10/19/14 11:42:48 PM
#26027   Careful,Redflame will put you on 'ignore'for poisoning the ratherbefishin 10/18/14 12:38:57 PM
#26026   Careful,Redflame will put you on 'ignore'for poisoning the ratherbefishin 10/18/14 12:38:56 PM
#26025   I'm not overly impressed by anything I see jalbiglog1 10/18/14 12:22:11 PM
#26024   The pictures and info related to mining operations. redflame 10/18/14 11:50:02 AM
#26023   This story is sounding a lot like what jalbiglog1 10/18/14 09:39:23 AM
#26022   What specifically do you find interesting? jalbiglog1 10/18/14 09:22:45 AM
#26021   FYI this is the translation of an article DigiTech 10/18/14 04:52:28 AM
#26020   Go to www.powderblueenter.com for website of our new redflame 10/17/14 09:00:02 PM
#26019   These guys must be rolling in dough. redflame 10/17/14 08:50:57 PM
#26018   Officers / Florida (Home State) redflame 10/17/14 08:42:11 PM
#26017   Business Registration / Florida (Home State) redflame 10/17/14 08:41:01 PM
#26016   You're exactly right. They don't have squat until jalbiglog1 10/17/14 09:59:43 AM
#26015   Badge, Red Kite deal was killed by VBgood 10/17/14 09:49:10 AM
#26014   Why didn't they tell us?What gave they EVER ratherbefishin 10/17/14 09:46:32 AM
#26013   You are right about that VB....they did screw badge792 10/16/14 07:53:22 PM
#26012   Good luck, stop by again, end of the VBgood 10/16/14 07:41:51 PM
#26011   I'm out, made some lunch money. These guys acanuck 10/16/14 02:08:42 PM
PostSubject