#8747 & #8763 & #8768, PTQ's rights under the 2009 direct contract 'Ley Petaquilla' give them complete rights for 60 yrs. The Spanish makes it clearer in #8747 the government absolutely guarantees every word and has formally notified Inmet and PTQ. Zero exposure on operations "old #8, new #8, or anything else. Also Singapore and Korean investments are also protected. That was confirmed by Inmet's PR, News Conference, and Reuter's Report out of Bangalore, India. All of that has been covered in the last 48 hours. No effect at all on retail share price, hence my posts.
There is nothing that huge in the pipeline and it had no effect. Only thing left to post would be some serious EPS that is audited and that comes August 31, 2011.