Replies to post #22589 on Petaquilla Minerals Ltd. (fka PTQMF)

[grimreaper]

Seems pretty easy to predict what's going to occur....

If I read you correctly, MJKIII, it'll be some sort of production/loan contract with FQM.

PTQ guarantees to deliver these guys a set amount of aggregate over a certain time period (say 5 years).

PTQ gets from FQM:

a) a set price for the aggregate to guarantee a profit for PTQ
b) a low interest loan from FQM that provides i) working capital to address the WC deficit,ii) capital to provide machinery to allow PTQ to purchase machinery for aggregate and enable them to keep digging for gold.

Then there will be the legaleeeeees stuff if either party defaults.

We'll see soon.