Now we're in trouble.....lolhttps://finance.yahoo.com/news/panamas-top-court-weighs-challenges-110000028.html
"The demonstrations have turned into an anti-government movement, with protesters demanding an end to all mining activity in the country.The movement has also gained support from Hollywood actor Leonardo Di Caprio, who last weekend shared a video from an environmental group that called for the Supreme Court to cancel the contract."
Yep..... now we're really in deep "You know what" lol. Looks like old friend Leo....lol.... is ALSO onboard along with those corrupt Panamanian politicians trying to shakedown the company for more money or maybe even KICKOUT those poor Canadians from that VERY lucrative mine for good.. How does that saying go? Lawyers should stick to legal stuff, plumbers should stick to plumbing and actors should stay in ACTING & Hollywood. I don't know where most of these totally woke Hollywood types, like Mr .Leo, are getting at with these antics or what their IQ level is at BUT where does ole Leo think all that copper/metals he has in his house, Iphone or the Tesla he drives around in Cali, where does he think it comes from? Fruit trees? Or maybe it just falls from the sky on good weather days lol? Stick to acting Leo......stick to what you're good act.....leave the rest to us smarter folks.......!
FM is in this "delicate" predicament because of weak leadership & projecting weakness to vultures. Which is typical of these Canadian mining operations, their mgmt, and WHY they, meaning Canadians are the usual targets around the world in these suspect jurisdications or Banana Republics. Just easy soft targets, easy pickings who will fold instantly at some percieved threat or pressure appied. IF only these Canadian Ceos/mgmt werent so woke or lost and had some semblance of a backbone to actually put up a decent fight.........like the hardened take no B5 Americans......it would not have ended up to this point.
The mgmt of FM is soooo lost soooo weak, that they even paid out $500M in royalties to the Gov't just recently in the last few days LOL......i mean seriously how dumb, foolish, ignorant & weak can you be to do something like that after Panamanian Gov't officials trying to shake you down for more cash? If only First Quatum was an Amercian outfit with strong & unwavering leadership.........it would have NEVER gotten to this point.
GLTA