Petaquilla Minerals Ltd. (fka PTQMF)

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Danke, here is translation:

Why Inmet Mining needs to take a Petaquilla Minerals at any price!

Dear subscribers of millions Invests!

On Wednesday our highest weighted value in the Portfolio Invest million, Petaquilla Minerals of Inmet Mining has received a takeover offer to 0.48 CAD per share. Even today I would shine through with you, why Inmet Mining has to take at any price Petaquilla Minerals and we are here to get my mind in the near future have a much better deal.

For this I need to go back in time a bit. It was in March 2012 during my visit to the project in Panama. After I visited the whole project, I was also in the Petaquilla offices, where I led, among other things a meeting with Rodrigo Esquivel, President of Petaquilla Gold. Of course, I addressed him on the back then ongoing takeover rumors of Inmet Mining. He told me that you sit together regularly and he has the CEO of Inmet also even been asked about the rumors, but this has been shrouded in silence. The opinion of Rodrigo Esquivel was then that it has probably ultimately been only a rumor.

But he also told me about an interesting background information. For this we need to take as the first time a look at the chart in the appendix.


This chart shows the entire land of Petaquilla Minerals. What I have here is shown in red, the project, which is part of Inmet Mining. The rest is completely Petaquilla Minerals (including delineation of the green, which I will discuss later in detail).

Now'm already on the first problem: A project of this magnitude (6.2 billion of initial investment costs!) With over $ 100 billion in commodity equivalent needs a large processing plant. Now, although just barely enough space to put down the system, but the major Tailingponds Inmet Mining has been placed outside the property. But this is all part Petaquilla Minerals.

Moreover - as shown on the graph is - above the construction of a large port and power station planned (above sea white dashed line), to ship the whole commodities quickly and cost-effectively. But this property belongs Petaquilla Minerals.

Inmet Mining now has tried to talk with Petaquilla Minerals and wanted to buy two additional concessions. So it was told to me by Rodrigo Esquivel. Petaquilla Minerals was by no means ready for sale, as it has assumed even greater natural resources and yet very confident, is still there to encourage 20-30 year raw materials. Thereupon, the CEO of Inmet Mining has the President of Panama - articulate, because the CEO of Inmet would force an expropriation, so that Petaquilla Minerals concession withdrawn gets and Inmet these newly awarded receives in order to build as planned the harbor - Ricardo Martinelli and also to the production facility including Tailingsponds. Ricardo Martinelli, but immediately dismissed the claims of the CEOs of Inmet Mining and clarified that Petaquilla Minerals is the rightful owner of these licenses and Inmet Mining the whole self must negotiate with Petaquilla Minerals.

Now 6 months later - after now Inmet Mining has obtained all necessary permits - can be viewed rather for Inmet Mining become a serious problem represents It has a world-class copper project with commodity equivalent of well over $ 100 billion can not start, because you has no right to build on the land of Petaquilla Minerals. A fine mess for Inmet Mining. Inmet Mining has now virtually any price for Petaquilla Minerals apply to so that the country be right, because otherwise the whole project worthless. What raw materials benefit worth more than $ 100 billion in the ground, if you are not in a position to promote this.

Added to this is also a second "peculiarity" that will now lead to Inmet Mining at any price must incorporate to Petaquilla Minerals. This is perhaps even more important than the first fact as due to problems of the concession, it would suffice if you would pay a good price (ie $ 200 million) for two concessions, then surely there would be found an agreement. For this we must now go back to the year 2004. At that time, an agreement was made that all raw material finds on the Cobre Panama project, which have a higher value than gold copper value, automatically fall to 100% to Petaquilla Minerals.

This is also the case of the Molejon Gold Mine, which is actually located in a concession of Inmet Mining, but has fallen by the higher value of gold compared to copper to Petaquilla Minerals. This project I have shown in green in the chart. Here, it is clear that this mine is located in the project area by Inmet Mining, but all the gold That property includes Petaquilla Minerals. And now is happening slowly but surely another problem for Inmet Mining that we solely the art of negotiation Richards Fifers - has put the emphasis on this highly lucrative clause for Petaquilla Minerals - due to have.

The price of gold continues to rise and the price of copper has lately only on traps. If this for some time continues, then be here in the future a lot more real estate to Petaquilla Minerals - without alerting the - pass. Inmet Mining for this clause become a disaster, especially since even the risk of a global economic crisis at the moment is anything but straightforward (which lead to a further decline in prices for copper would).

Here we have two serious reasons to assume why Inmet Mining URGENT Petaquilla Minerals must be it to 0.48 CAD or even 2 CAD. It is also clear that Inmet Mining wants to incorporate Petaquilla Minerals as low as possible. But the one on the same day of the tender offer also against Richard Fifer details an environmental offense (that has long since atoned for) in the world is (http://www.panama-guide.com/gold/) indicates to me that there may very dirty and will spare no means Inmet Mining, Petaquilla Minerals to incorporate as low as possible.

On statements by Inmet Mining - in the conference call on Thursday - that Petaquilla Minerals is for Inmet Mining totally uninteresting and it is only concerned about the welfare of the people that you may have after 6-7 years have no more work, it can only weary smile. Inmet Mining that a second "Mother Theresa" and is a resource company any financial purpose, is just ridiculous.

Particularly PDI should be here for Inmet Mining also of great importance. For this I would like to again remind that Petaquilla Minerals is the only supplier aggregates within 50km and Inmet Mining buy here in the next 3-4 years must units with a value of over $ 300 million of Petaquilla Minerals. As I have reported here before, the profit margin of around 75% is huge. If one were to assume Petaquilla including PDI and they open the units at cost related, then you would save about $ 225 million.

That is nothing other than that you could easily provide 1 CAD per Petaquilla Minerals share and you would save that money alone is in project development (by its own production of the aggregates) of the Cobre Panama project again. Of the abwerfenden profits of Petaquilla Minerals in the production of gold too, of course.

At Petaquilla Minerals sees the whole, however contrary quite calmly. On Thursday, the company has announced that Inmet has not only given the intention of a takeover offer of 0.48 CAD, which is perfectly legal even without meaning. Once in 14 days on the public, binding offer, you will enter into negotiations with Inmet Mining, what is a fair price for Petaquilla Minerals (Panama) operation. In a telephone conversation, the company has clearly known to be 0.48 CAD does not even begin to think about a sale. Inmet either pay a fair price or Petaquilla Minerals will continue to remain independent. You can listen to beautiful fully relax the offer of Inmet Mining. I was able to smooth the impression that one is in Petaquilla Minerals very happy about this offer, especially now in the commodity sector to topic number 1, and so comes into focus many new investors.

Conclusion: As one Inmet Mining Petaquilla Minerals needs at any price, we will see here in the coming weeks / months, much higher prices. You will still need some repair times. It would be really interesting if now also have another company would make a better counter offer and so Inmet Mining would put in a tight spot. A sale of the Panama real estate will go in my opinion under no circumstances under 1 CAD to the table. The tendency is more towards 1.50 to 2 CAD.

Even at 2 CAD Inmet Mining would be a takeover of Petaquilla Minerals cost only 442 million CAD, which in relation to any case required investment costs of U.S. $ 6.2 billion for the Cobre Panama project would still be a very acceptable price, especially since you transfer without a Petaquilla Minerals could not go and sit on a "worthless" project would.

Keep to your shares and not sell you, because you play only unnecessary in the Inmet MiningUndo edits
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