Panama: here we come

cawkwell2
Dec 31, 2025
1 min read

First Quantum Minerals (FQM) is Toronto listed and long ago agreed with the government of Panama that FQM would develop a huge copper mine. It turned out to be a great success and then the Panamanian politicians decided to stop FQM from continuing even though this was entirely contrary to their contract.

However, Panama needs the money and therefore will have to readmit FQM. This might occur in 2026 and see FQM advance from its current CAD $36.5 to possibly CAD $50. It may be best to buy call options.

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