There will be several joint ventures.
The quick and dirty answer is in the development of Cobre Panama FQM has the cash and in-house engineering...we have expertise in most of the specialties required to do the jobs. (Electrical, roads, camps, housing, transportation, drilling exploration, etc.)
We have trained labor force, political connections, and very important cultural ties to the local population through Spain, and we are Panamanian. Lots of contracts, and legal stuff to work out with the attorneys. Most important though is this is a friendly partnership as opposed to the adversarial relationship with Inmet.I have that from the highest authority in our company directly.
This should really come as no surprise since it has been stipulated, right there in the public record from FQM to the government, before they even made their first "friendly" offer to Inmet, way back on October 2, 2012. A lot of people like to post stupid clueless crap to make themselves feel important.
Prografa ... once again you nailed the JV aspect. I was afraid you were going to let the cat out of the bag to soon, and we would jump above $0.40 and have the warrants exercised.
Now if we just stay below $0.40 until mid-night tomorrow we lose another 1,080,672 warrants.
