If those warrants expire in eleven months,
that will save us from about a 16% dilution. I would love to see us at about $1.25-$1.30 at the end of this year just to get rid of them. But, if we go to $2.00-$3.00 I am sure they will be exercised. Just as long as the steady progress continues I am content.
Inmet seems to be going all out to save their company. Very busy week ahead for them with the BOD response required, the Cambridge show, their web cast, and the dog and pony show in Panama. We can be sure that FQM is also pulling all the stops to wrap up their offer. We should also hear some more news from Petaquilla this week on closing the Red Kite deal. That is really the most important thing, and will bring immediate results for Petaquilla.
We are back in the $0.60 range now so I guess all those who said our climb to this point could only be achieved through a HT are proved wrong again. So many bitter people around who will complain even when things are going well. I think some of them are not even investors and just use the boards to vent toward the world. Kind of cheap entertainment actually.
I need to put a few more on ignore when it is obvious they know very little about the company or our investments. Pretty pathetic life posting on a public board with no skin in the game. Recipe for total bitterness when things keep moving along and they are left behind once again, or miss the opportunity to improve their status. All those that bought heavily last summer are happy campers.
