This makes no sense at all.
"Yes, no doubt about it, but if they are proceeding with the HT that would imply to me they may not have all of the big shareholder votes lined up yet."
By its very definition a hostile takeover occurs when a suitor cannot reach any sort of agreement with the target BOD and Management. That is when they go directly to the shareholders with whom they expect to have a friendly discussion, and that those shareholders will overrule the Chairman and BOD. Clueless again.
FQM people have been to Molejon, understand all of the details and legal rulings and the laws of Panama. Inmet also did the same, but their arrogance has proved to be their undoing. FQM may well wrap this up before the end of this month. They are much, much more qualified to develop the Cobre Panama project, and Inmet's team will rue the day that they would not even meet and inter into positive discussion with all those involved. This is all very good news for Petaquilla and PDI for that matter.
