If Petaquilla is reaching the target for FY 2012 (115k to 125k) they will make a profit from 60 to 80mio$ depending on the price of gold...plus the 65mio$ from the warrants will give them 125 to 145mio$ in the next 12 month...that should be enough money for developing a huge part of IbR...FY 2013 will give them 80 to 100mio$ profit... All that money should be enough for building IbR without further dilution... all in all Petaquilla will be a 300k oz producer with 280mio shares by 2014 with making profit from 100 to 400mio$ depending on the price of gold...that should make a price per share between 5 to 20$ in 3 years...that are between 700% to 2800% in 3 years or 233% to 933% each year...and know ask your bank advisors for giving a comparable deal...
I know there are a lot of if´s...but if somebody has $5000 what he does not need the next 3 years and has the chance to make over $100000 profit in those 3 years...why should he not try...if you put the $5000 on a normal bank account you will get 3% interest what gives you less then $5500 back...I don´t think Petaquilla will give you less :-) So guys think about it...
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