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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Panther Metals Plc | PALM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 122.50 | 08:00:12 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 122.50 | 122.50 | 122.50 | 122.50 | 122.50 |
| Industry Sector |
|---|
| MINING |
| Top Posts |
|---|
Posted at 11/11/2024 11:42 by hazl I think in no way lack of trades ought to imply, JP is right!The overview has changed on the direction of the stock market, since Trump has got in. This means that risk is on from an investors point of view... if the assessment is correct. Now, if equities are going to be in favour for the next 3 months, at least, then investors have a lot of beaten down stocks to choose from! Again, there are many things going on at the moment that will influence play. Scenarios may or may not happen, but many people will have listened to the same reports, I have listened to so the stock market trundles on. You take your bets. IMO |
Posted at 04/11/2024 11:04 by roman2325 Hazl - this is the 'new' reality - regulated lenders cannot lend to the resources sector the way they used to. As a bank you used to be able to lend the same dollar to 16 different borrowers, now only one. This will not change (we have realised that it is not sensible) so these miners just have to rely on generous investors i.e. you and me. Its not sentiment driven, its the way it is.Secondly, the share price of Panther will only (meaningfully) move up when it finds a commercial deposit. It will not continue to rise and fall because the CEO sticks a video on Twitter saying 'I feel really good'. This is not the same market as 10 years ago - you have to trade on fundamentals now. Small time PIs will continue to try and ramp stating 'The MMs are holding it down, the sector is just unloved, they don't know what we know' but its futile. Again: the share price is down here because the company has yet to demonstrate it has a commercial deposit worth building infrastructure around, and has the money to do it. Simple |
Posted at 04/11/2024 09:56 by roman2325 Morning Hazl - the share price reflect the fundamentals of the business, not sure I agree this is sitting at 4m market cap due to sentiment on the sector in general. All of these mining minnows are struggling to raise capital due to changing banking regs (Basel IV) and in order to trade on anything other than hope you need more than a good story - every miner thinks its a billion dollar opportunity. The metals Panther are targeting are all flying, that should only add a premium to the share price Investors are tired of hearing 'just you wait'. Panther now needs to prove it has something in order to get a meaningful re-rating. |
Posted at 21/10/2024 06:24 by onehanded yes things starting to pick up with news flow. Must be on a steady climb to £1.18 mark then to £1.40 and see if that breaks. Could well be a xmas treat for all those investors. watching and buying on dips.... |
Posted at 18/10/2024 12:27 by gcinvestor https://panthermetal |
Posted at 09/10/2024 08:32 by roman2325 Can anyone post a non-biased synopsis of today's RNS please..There seems a lot of 'We think its brilliant' but without much substance i.e. you don't get investors excited with just cheerleading |
Posted at 30/8/2024 14:45 by roman2325 But the people who are going to finance this, already know metal is in demand. We all know metal is in demand. And the people who are going to finance it will do their own analysis of the data, they won't take a CEO's word for it.I would expect a seasoned CEO to update the shareholders on 2 things: the kinds of financiers he is talking to (on his trip to Canada last week?), and whether he is getting closer to making a commercial discovery. Telling us that manufacturers need metal kind of implies he doesnt have anything better to say (i.e. no good news). What are the new hirers (ex corp financiers) doing if not putting him in front of investors? |
Posted at 30/8/2024 13:34 by hazl No not entirely.Both are necessary. You have to explain why a commodity is going to be in demand and when it is going to be required. Also things change because of the political climate. The climate change people seem to be winning at the moment again, and preferring to work towards zero carbon, even if it costs them more. Whether that is sustainable in the medium or long term is a different matter. But again why do you think this has nothing to do with the general market? Of course it will. Yes you need to have a resource in the beginning we both agree there. Is it likely acording to the geography in the region? Do we have the means with which to procure it when found? We will not get big investors without some of those questions being answered or at least addressed. That I think is what Darren is doing. Why do you think many of the little companies similar are in the same boat...or perhaps with a worse decline? You cannot always point the finger. I wonder if any of us would do any better,seriously. IMO |
Posted at 30/8/2024 13:18 by roman2325 Hazl: I think my point is the success of this has nothing to do with the wider market, its simply a gamble on the chance of finding something AND how much. And in order to do that you need lots of financing, so I would rather the CEO spend his time looking for investors than telling everyone petrol engines are being phased out so buy Panther.Don't you agree? |
Posted at 14/8/2024 13:17 by hazl Read this.I found it very interesting. It might have dragged it's heels during the war like environment we have been in but they will need resources like ours. ' AI requires a great deal of energy. According to Google, the cost of processing an AI request is around 10 times more than a regular search query, while training an AI model demands a huge amount of power and data capacity. The International Energy Agency (IEA) expects demand for data centre services – which currently account for just over 1% of global electricity usage – to double within the next two years, driven in no small part by AI advancements. This, HSBC’s report says, is likely to “strain power grids not equipped to deal with significant load growth”. “Indeed, power grids around the world are facing increased vulnerabilities as they transition from fossil fuel systems to ones that distribute renewable electricity,” the bank says. Adapting to this demand will also require significant infrastructure build-out, creating substantial additional demand for copper and other metals used in electrification. Saad Rahim, chief economist at Trafigura, said at the FT Commodities event that AI and data centres could contribute an additional 1 million tonnes of copper demand, worsening a “4 to 5 million [tonne] deficit”. “That’s not something that anyone has actually factored into a lot of the supply and balances,” he said. Metals in short supply The future of the metals market looks precarious. The IEA notes that during 2023, prices of critical minerals fell sharply. Lithium dropped by 75%, while the prices of cobalt, nickel and graphite fell by between 30% and 45%, according to its Global Critical Minerals Outlook for 2024. These price dips occurred despite demand growth remaining steady, driven instead by a strong increase in global supply, including from China – expected to provide 77% of rare earth metals by 2030 – as well as Indonesia and key markets in Africa. This may sound like good news for longer-term security of supply. However, as the IEA says: “Today’s well-supplied market may not be a good guide for the future, as demand for critical minerals continues to rise.” In a scenario where national energy and climate goals are met, critical mineral demand is expected to triple by 2030 and quadruple by 2040, with copper representing “by far the largest increase”, it finds. To close the “significant&r Yet modest metals prices “have provided a headwind for new investment”, with spending on mining lower in 2023 than the previous year. Exploration investment is lower now than a decade ago. “Financing diversified critical mineral supply chains faces numerous challenges, such as cost inflation, long-term price uncertainty and limited value placed on diversification by consumers,” the agency says. Rohitesh Dhawan, chief executive of the International Council on Mining and Metals (ICMM), says this dynamic “represents a once-in-a-generation change in the mineral intensity of the global economy”. “There is a big task ahead not just for the mining industry, but investors, governments and other stakeholders too, for how to meet this demand while helping create a more safe, just and sustainable world,” he tells GTR. “According to data from S&P, 127 new mines opened globally between 2002 and 2023 and took an average of 15.7 years after discovery to get to commercial production. This varied from six to 32 years. This shows that we will need to work differently in future to ensure that supply can be brought online quicker without lowering responsible standards of production.” Dhawan says governments have a key role in accelerating the growth of mining while ensuring operators maintain high standards. This “will need governments to be more proactive than the past, for example in helping resolve competing interests in or uses of land when it comes to the developments of new projects”, he says. A shifting market But the market needs to take action, too. For instance, A McKinsey report published last year suggests commodity traders could also provide pre-financing for new mines and help producers access international markets, and there are signs this is already happening. Bloomberg reported in June that some traders that have traditionally focused on energy, such as Mercuria, are now strengthening their position in metals, for example by offering large-scale prefinancing facilities to mining companies. It says Kazakh producer Eurasian Resources Group (ERG) has turned to the trading market to seek pre-payment of up to US$1bn in exchange for copper and aluminium offtake agreements, which could prove highly lucrative if prices rise as steeply as anticipated. “This makes sense for traders,” says Walter Vollebregt, owner of commodity trading consultancy Vollebregt Advisory. “They are competing for a scarce supply of copper concentrates, and miners are playing hard to get.” He tells GTR: “Interest rates are a lot higher now, and if mining companies in markets, like ERG in Kazakhstan, need to refinance bond issues or want an alternative source of funding, traders have the cash and are able to provide – with their banks – competitive pre-export finance loans against a steady export flow of material. “They can easily do a billion-dollar prepayment deal these days, especially if their banks and the insurance market are sharing the performance risk.” The IEA also recommends traders provide improved transparency on pricing and wider availability of hedging instruments, while McKinsey says larger market participants could deploy their strong financial position and market knowledge to boost price discovery and liquidity in key markets. This is a more complex challenge, however. The derivatives market for critical minerals – an important means of hedging exposure to price volatility and increasing liquidity – remains “tiny” compared to traditional metals markets, says a World Economic Forum (WEF) report published in April. ICMM’s Dhawan believes both traders and banks have a “crucial role to play in meeting the required demand for critical minerals”. “The role of commodity traders is to ensure that the right quantity and specification of the required metals are available to those who need them, and to also help improve traceability in the supply chain,” he says. “The role of banks relates to providing debt financing for existing and new projects as well as driving higher standards by incorporating responsible mining standards into their lending criteria.” Power struggles The AI boom also has major implications for the supply of power, and by extension, the energy transition. The computational power used by AI doubles every 100 days, the WEF says in a separate April report. “The energy required to run AI tasks is already accelerating with an annual growth rate between 26% and 36%,” it says. “This means by 2028, AI could be using more power than the entire country of Iceland used in 2021.” This creates several challenges in terms of power supply, HSBC Global Research says. “Significant electricity demand growth, supercharged by AI, can not only put national climate goals at risk, but can strain power grids not equipped to deal with significant load growth,” its report says. “Indeed, power grids around the world are facing increased vulnerabilities as they transition from fossil fuel systems to ones that distribute renewable electricity. This rapid growth in electricity demand from AI raises concerns over grid stability and energy prices.” Data centres – crucial to training and running AI models – are expected to consume up to 4% of global power by the end of the decade, potentially more than double the figure for today, Goldman Sachs says in a May report. “In the US and Europe, this increased demand will help drive the kind of electricity growth that hasn’t been seen in a generation,” the report says. “Along the way, the carbon dioxide emissions of data centres may more than double between 2022 and 2030.” US utilities companies would be required to invest as much as US$50bn in new generation capacity to support data centres alone, Goldman Sachs says. In Europe, power demand could grow by as much as 50% over the next 10 years. The renewables industry had a record-breaking year in 2023, with output from solar and wind increasing by 38% compared to the previous year, research by Rystad Energy finds. It believes last year was the first time the share of power generated from renewable sources passed the 30% mark globally. However, the energy transition could be threatened if renewables are not deployed quickly enough to meet a demand surge propelled by a new technological revolution. Richard Kinder, executive chairman of US pipeline operator Kinder Morgan, told investors in April that tech companies are “beginning to recognise the role that natural gas and nuclear must play” in keeping data centres running. “The emphasis on renewables as the only source of power is fatally flawed in terms of meeting the real demands of the market,” he said. Lynn Good, chief executive of US-based Duke Energy Corporation, said at an industry event in April that the company’s pledge to close its coal-fired power plants over the next decade “is being challenged by all of the growth” in electricity demand. The HSBC Global Research report notes AI itself could help tackle some of these issues, for example by predicting power demand patterns or improving models used to track emissions and reduce waste – although it notes that research remains limited into the energy demand of AI systems. Traders eye opportunity Again, commodity traders and banks may play a crucial role in responding to a spike in demand. Trafigura’s global head of gas, power and renewables, Richard Holtum, told the FT Commodities event the company is “incredibly bullish” on electricity, and the trader is not alone in setting up power trading desks across the globe. An Oliver Wyman study published in March found that gas and power trading generated around half of revenue in the commodity trading sector in 2022, overtaking oil. Growing demand is already being seen as a transformative opportunity in the trading sector. “If you look at the physical markets, it’s still very much the old traditional commodities, and oil still rules,” Vollebrect says. “Globally, oil consumption is still growing annually at an average of 1 million barrels per day, maybe not in the European Union or the UK, but in many other countries. “However, in power, many countries are experiencing constraints on the grid. Trading companies are adding teams on the power side, and this will continue to grow. This is an attractive market for traders, and is also a way for them to dilute their fossil fuels portfolio.” McKinsey adds that hedge funds and banks could also be “attracted by growing value pools”. “New opportunities in power and gas (but mostly in power) will likely emerge around three topics: entering new markets, data-driven trading, and new assets,” it says. Banks can also use their financing tools and market knowledge to offer “additional liquid and risk management offerings”. “Such vibrant markets can both increase value pools and help facilitate the energy transition through investments in new and emerging technologies and products,” the report says. “Doing so could have broader benefits in terms of meeting global climate goals and building and scaling a greener, cleaner future.” ' |
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