PTQ still holds the Goldrights on the Cobre Panama Project and thats a BILLION-RISK for FQM.
Also every delay on the development of the Cobre Panama Project will cost FQM round 100 Million USD. It´s better to takeover PTQ/PDI and produce the aggregate self. So the risk is in THEIR HAND.
If you are good Manager, you would minimize your risk as good you can. So it´s on the Hand, that FQM will have a big interest to takeover PTQ.
IF YOU DONT DO IT NOW (IN VERY BAD SITUATION FOR PTQ), WHEN WILL YOU DO IT????
I can live with an intact PTQ, I can live with a reasonable buy out. I find the the selling of the Panamanian assets alone to be the worst of all worlds, I would like to know that this is not a consideration. As far as DB goes, they want their gold stream and will work with PTQ if it is assured.