DJ IRW -PRESS : Petaquilla Minerals : Millions Invest: Petaquilla Minerals ( A0DKMR ) When is the big deal here? "
21:03:14 14:51
Dow Jones Newswires
DJ IRW -PRESS : Petaquilla Minerals : Millions Invest: Petaquilla Minerals ( A0DKMR ) When is the big deal here? "
Petaquilla Minerals ( A0DKMR ) When is the big deal here? "
Dear buyers of millions Invests !
Since Petaquilla Minerals on 18 Has announced in February that it is in advanced negotiations to a very lucrative deal, every investor is waiting impatiently for the details of this deal . On 3 March 2014 , the company then announced that it takes a little more time and you now anticipates completing the deal in March 2014. Assuming that Petaquilla Minerals has here set a realistic time frame, then it is likely to come in the next few days into a very lucrative deal for Petaquilla Minerals . How could this deal look like?
Since there is still every investor of Petaquilla Minerals is known that First Quantum Minerals additional land rights of Petaquilla Minerals Petaquilla Minerals needed and beyond continues to hold the rights to the gold properties at the Cobre Panama project , only two options are possible:
1 First Quantum Minerals Petaquilla Minerals could completely take over . A takeover price should then amount to 0.60 CAD . This is the same that Inmet Mining has already offered in the spring of 2013 for Petaquilla Minerals before then even taken Inmet Mining of First Quantum Minerals was but was then rejected by the Petaquilla management and shareholders to 88%. The so- tender under the current market conditions would be well accepted , I presume .
or
2 First Quantum Minerals bought by Petaquilla Minerals only the necessary land rights , the rights to the gold properties and possibly other exploration projects of Petaquilla Minerals 842km ² big project. This is a rumor that still persists in an American stock exchange forum for quite some time . Thus, the First Quantum Minerals over the original planning of Inmet Mining the processing capacity on the Cobre Panama project has expanded significantly again , First Quantum Minerals needed more land rights of Petaquilla Minerals to build the processing plant can . Also, First Quantum Minerals wants to make sure in any case that Petaquilla Minerals future not awarded any property of Cobre Panama project gets under the gold property rights. It is also conceivable that due to the now larger planned processing plant First Quantum Minerals will buy more exploration projects of Petaquilla Minerals , to extend the life of the Cobre Panama project accordingly.
In this case, Petaquilla Minerals should then get at least 50-60 million USD from First Quantum Minerals . Petaquilla Minerals could thus at a very reasonable time by the way, where the price of gold still hovering quite low - break down its gold and silver forward sales, the complete heap leach pads on the Molejon project in Panama ( over 150,000 ounces of gold are already on the stockpile , just waiting for the completion of the heap leach pads to be dissolved out of the rock can ) and start in the next 8-9 months , gold production ( pilot plant ) on the project in Portugal.
What would it have on the course of Petaquilla Minerals result ?
If Option 1 case then would be very short to even expect a price premium of over 100% . Where a option 2, then there should also be a strong price push in the Petaquilla Minerals shares upward. For this one must know . At the current market price of 0.26 the complete stock market valuation of Petaquilla Minerals is 61 million CAD. If Petaquilla Minerals would now get alone for the land rights , rights and some gold exploration properties 50-60 million USD in cash on hand , then this would be just as much as Petaquilla Minerals at the moment is worth it. The processing plant in Panama ( where daily gold produced ) , the more than 150,000 ounces of gold in the heap (current market value : about 200 million USD) , the projects in Spain and Portugal as well as the subsidiary company PDI have in fact also a certain , not to be underestimated value . Also in this case is therefore to be expected with a price premium in the mid- double-digit percentage range.
Now arises businessmen only the question whether it will come here to Option 1 or Option 2 . The next few days it will show us the well, and then the course should be here in any case are much higher than is currently the case. In my opinion we have here at the moment excellent buying rates !
