Of cause he is on a BOD. I said we need to keep him for future Iberian development.
What rest of you don’t understand is that PTQ did survived, granted if one had magic mirror and could have look in a future predicting price of gold going from $1600 to $1100 then Inmet deal would be fine. But it is a past now , put it behind and look forward. Fifer did what he could under present circumstances.
The company is free from immediate debt, free from DB loan and will have enough money to restart operation. and that is a good news. Let’s talk about future, where we are going from now.
Approximately 50 K oz. a year maybe not a lot but it will keep Petaquilla head above the water. Ptq will get into green by second quarter.
Long term debt does not have to be paid immediately same way as some of your full house mortgagees are not due next month.
You are allow to make monthly payments so is Petaquilla.
And don’t forget how increasing price of gold can make it even better in a future.
In five years Spain will be next thing, you all remember great results from countless drilling done by different companies thru the years.
So we have to agree that Spain/Portugal is a next step .
Next- we know for sure that one BOD member resign so we need to replace him.
I understand how you all feel about Fifer.
The difference - I feel because of certain political and other benefits he needs to be on BOD but I want to replace go away member with our guy .
Instead of all of us push in different direction we can at least agree to replace going away BOD with Digitech and if you want to pursue "Fifer thing"- you still can, but let not waste this one time opportunity and put our votes together on what we all can agree .
If we don’t- Fifer will appoint his man and we will be talking what would of could of…
It is very hard to do - replace even one BOD - wee need to be all together on this, this is urgent.
AI
