FQM is not an unknown entity.
Inmet is the devil that we know. Either one can be dealt with as appropriate, but FQM has a history of a non-adversarial management style, while Inmet tried every dirt trick in the book to cause us problems in Panama, knowing full well that they were lying with every Press Release. In either case it is something that we cannot control and will just have to adapt to the circumstances. The good thing about all of this is that it brings attention to the mining sector potential in Panama.
In the meantime the things we can control will greatly enhance our fundamental value, reduce our forward PE Ratio, increase our production, move us forward in Spain, and improve our FCF. If the GDXJ ever recovers to its previous level, we should be above the median based on true value and a proven record. One more trading day before mandatory news is published. If we hit $0.06 for Q3 in April filings it will be hard to keep us down at this level. The immediate question is whether we were able to maintain our unbroken string of profitable quarters while bringing the expansion on line.
