Mr. Tilk needs to read MIPSA's sworn statements.
On February 3, 2010 applied to the Panamanian National Directorate to obtain the rights to Rio San Juan, La Experanza, and Rio Belencillo concessions in lieu of Petaquilla's rights to the same. In other words, take it away from PTQ and give it to Inmet. As part of their sworn affidavit filing Inmet testified in writing:
...the requested areas are critical areas for the development of the [Cobre Panama] project...(Emphasis is in the original document in the court files!)
...MINERA PANAMA, S.A., would not be able to duly comply with and execute the purpose and goals of Contract Law No. 9 of February 26, 1997, if the National directorate of Mineral Resources grants concessions on areas that are fundamental to the operation of [Cobre Panama] Project... (Emphasis in original court document on file.)
These sworn court documents submitted by the Law Firm Morgan & Morgan on behalf of MIPSA directly contradict the statement made and press releases from Inmet saying that the concessions are not needed and of no importance!
This may not make it to the big international media, but it will not be overlooked by Petaquilla or the Panamanian Government. Actually it could be used to throw Inmet out of the country since they lost in court, the ruling cannot be appealed, and the have sworn they cannot follow the law and do the job without Petaquilla's concession. So there you have it from their own Morgan & Morgan filing. All the posturing and arrogant press releases aside, this is not going away.
AI
