Petaquilla Minerals Ltd. (fka PTQMF)

[JustForFun7]

Inmet is strecthed thin trying to make their big project work. It has been tough for them to get the capital they need. They still need a little more (half a billion?).

Inmet needs PTQ's two concessions.

Inmet can save 100s of millions on aggregate costs by getting PDI as part of the PTQ deal.

Inmet probably has some PTQ shareholders in their pocket already. Lots of overlap between PTQ shareholders and Inmet shareholders (at least the Panamanian ones).

How many MORE shares do they need to secure?

They bought some are the suppressed prices. But the volume was very low.

They are buying today after their lowball offer frees up some volume. They are still getting them cheaper than what they would have to pay FMV for.

The more they can shake the tree and get PTQ shares into friendly hands, the better.

That's my opinion of what is happening right now.

JFF7