Petaquilla Minerals Ltd. (fka PTQMF)

[DigiTech]

Redflame, you are much closer than you think about a JV on infrastructure. I understand that the shipment rate to Minera Panama is now around $2M a month and growing. If correct that would put the rate at the contract level and at the 35% margin. The new crushers helped.

A lot of talk about FQ buy-out around here. First FQ cannot buy PTQ. FQ does not exist in Panama. Minera Panama does and MP is owned 80% by FQ. It is not un insignificant distinction.

A lot of talk about PDI. Let's make things clear. PDI cannot happen until full financing taking DB out happens. The DB terms are changing dramatically in 4 months so now is not a good time to close a deal. Earlier would have been good but that's water under the bridge. Just IMO of course.

More discussion about that subject in a PTQ blog opening next week for serious investors discussing serious issues. The intro page is a lot of work and help from knowledgeable google blog specialists is welcome. . [e-mail] for info.

Cheers