Panther Metals Share Discussion Threads

[soulsauce] 17/5/2021 11:51

Darren chatting to stockbox about the warrants.

[topnotch] 17/5/2021 11:11

This looks interesting - can I join the party?

[wrtmf] 17/5/2021 07:56

at the moment gold looks on course for 1900 in june

[spudtheplumber] 17/5/2021 07:31

I don't know if warrants can still be exercised by directors in a closed period?They expired in a few weeks fwiw.Darren bought 40k worth :0)))

[wrtmf] 17/5/2021 07:13

some warrants exercised.

merolia results window open?

[spudtheplumber] 16/5/2021 19:27

Accumulation going on last week, will we se it translated into a TR1 increase this week?

[scotty1] 14/5/2021 18:11

BY HOTSTOCKROCKETS

Previously writing on Panther Metals (PALM), we noted value creation potential from an intention to make an IPO of its Australian assets on the ASX Exchange. The company now argues a “significant step” towards this.

1 hour ago

need subscription to read all

[wrtmf] 14/5/2021 17:42

11may2020, geos were on the ground @big bear,
listened to interview twice, didn't catch a date for when on the ground this year.

first merolia results can't be far away now...

[wrtmf] 14/5/2021 17:02

1073 - wrong link - 4/5/2021 - 6m53 - the day dotted lake permit granted/2 new bb applics submitted

new interview - 13m28


-as suggested francine is fcm's geo, likes the look of our plot
-as darren chats its worth having the map open that i recommended previously from fcm presentation [post 1043]
-more than a dozen adits across big bear [historic mini mines]
-check the hmlo sp, results not well received on first 3 out of 13 holes [south of dotted lake]
------

this is new:

'ASX Announcement ASX:SUP
6 April 2021
superiorlake.com.au
Completion of Zinc asset divestment into Metallum Resources Inc.
Highlights
 Superior Lake has successfully completed the divestment of its interest in the Superior Lake Zinc
Project to TSXV listed company, Metallum Resources Inc (TSXV: MZN)
o Metallum commences trading on the TSXV on 6 April
 Superior Lake has been issued 128.9m Metallum shares, representing approximately 67% of the
issued capital in Metallum. The Company also receive $0.75m cash
 Metallum shareholders include stakeholders affiliated with the Sprott Group, a leading global
resource specialist, who are very familiar with the Superior Lake Zinc Project and are supportive of
the Transaction
 Metallum has established a highly experienced board and management team based in Canada
with a proven track record of developing mining projects globally o Metallum’s Chairman, Simon Ridgway, is also co-founder of Fortuna Silver Mines Inc. (NYSE:
FSM), a gold/silver producer with a market capitalisation of ~US$1.4 billion

--
see slide 2 for the position of winston zinc project proximity to big bear which superior lake divested to CROPS inc [private], who then changed their name to metellum resources [and listed, tsxv:mzn]


{broadly similar deal as cblt [tsxv:cblt] divesting northshore gold project [south of big bear] to OMNI [private], who changed name to ready set gold [and listed, cnsx:rdy]}

[soulsauce] 14/5/2021 13:28

Cheers scotty thanks for posting the link.

[scotty1] 14/5/2021 13:18

Thanks soul here's the link

[soulsauce] 14/5/2021 12:58

New Stockbox out - spotlight on Canada.

[wrtmf] 13/5/2021 12:56

-from monday, i think we are in the window for some merolia auger results.
-nothing so far from ontario dept for our 2 new big bear applics

[spudtheplumber] 10/5/2021 16:05

"But my question is what will Panther do with its then liquid Australian asset worth the best part of £2 million? It could sell it, of course, and it would mark a pretty decent return. But if the company could leverage it instead, perhaps it can get the best of both worlds: useful cash to deploy in Canada and continuing exposure in Australia. Or maybe it can just go shopping!"Worth reading the whole Nigel Somerville article imo

[xow98] 10/5/2021 11:55

BY NIGEL SOMERVILLE

Standard-listed Gold explorer Panther Metals (PALM), under the oversight of Ariana Resources’ (AAU) CEO Kerim Sener in the position of Chairman, has announced that the Australian listing of its Aussie assets has moved a step closer with the completion of a pre-IPO funding round. This is good news – especially if one considers the implied valuation.

[wrtmf] 10/5/2021 11:48

spud's friend francine,



it would appear francine is geologist for fcm/first class metals ltd [private company?]

[wrtmf] 10/5/2021 09:10

wonder if darren will do an interview today/tomorrow. you know what he's done before?!

placing, followed by new project or area expansion the same day. i wouldn't put it passed him to stick out another rns in 2hrs.

[ps that's me being positive, lol]

[spudtheplumber] 10/5/2021 09:00

I can't see any problem here.With the info out it is impossible to work out Panther UK's % .We know we will end up with a "significant" liquid asset on the balance sheet. Panther Australia will have $5mill dollars to put into the ground.(Minimum listing price on ASX is 20c fwiw)

[kaos3] 10/5/2021 08:40

WHO did it?

[wrtmf] 10/5/2021 08:37

seed funders hard bargain or not, i wanted as much out about oz assets as possible.

missing:
-northern territory mag result
-merolia 828x augers with xrf done as they progressed

[one hand behind back]

[spudtheplumber] 10/5/2021 08:33

We will be left with a significant holding.Mike is correct about seed funding. Merolia results will be released before ipo raise imo.Seed funders want a much higher listing price

[soulsauce] 10/5/2021 08:28

If you did the maths on extrapolation of todays news then if raising $5m we would have nothing so I don't think you can do a straight forward calculation.
That said it is a little disappointing and I am not surprised the share price is down on the news.

[mikeh30] 10/5/2021 08:28

Seed funding usually gets the best deal remember so the % percentage dilution will decrease as funding continues

[wrtmf] 10/5/2021 08:19

for oz$300k, palm-uk has given up nearly 11% of palm-oz

pity this is out before merolia near-surface sampling.

15apr rns: 'The intention is that Panther Metals Limited is expected to raise a minimum of 5 million Australian dollars in new capital in the IPO and initial discussions have commenced with potential brokers.'

--
do the sums, there's not going to be much left after 5m raise