everything is fine now.....
BOD have do the right decision. They will now negotiate to create a win win situation for PTQ, Inmet and Panama.
This was for me the most prefered scenario, because if we stay alone, we have a great chance so a shareprice from over 10 dollar in 4-5 years.
take a look, whats our goal of net-income in the next years, give us a p/e from 10 and with 280 million shares fully diluted you will get a shareprice from over 14 dollars! even when you give jailbigblog right that management that management will arrive there goal only to 50%, we will trading at 7 dollars then.
of course for this scenario (for me 14 dollars, not 7 dollars!) we should not more get further dilution, but for this we are now will do a placement from high yield notes!
it doesn´t matter, if we are trading in 1 month again at the 30´s or not...... for longterm investors it´s even better, when we are still trading for the next 14 months very cheap.
Take a look to our warrants:
4,8 million warrants with excercise prise of 0,65 will expire in may and june 2013
also 32 million warrants to 1,45 CAD expire in december 2013/january 2014.
if this warrants wil expire (especially the 32 millions at 1,45 cad) we still can get a lot higher shareprice then "only" 14 dollars in the next 3-4 years.
for our future it doesn´t matter, where we are trading now or in the next 14 months. everything will the time bring from alone!
AI
