Panther Metals Share Discussion Threads

[mininglamp] 15/4/2023 11:35

Panther are appearing at Master Investor today so that might bring in a few retail investor buyers next week.

Whilst the sector has been particularly depressed I feel the market valuation of PALM (£3.25m) is totally unrealistic, they have equity stakes in

Fulcrum Metals (20%) currently worth £1.8m
Panther Australia (36%) currently worth £650k

They have recently sold the 30% interest in the Blue Mountain licence to ECR circa £60k (in shares)

Received cash of £200k from Fulcrum.

Received a Tax Rebate of circa £100k

If you total the above, as well as cash left from the £1.1m raise in August (£250k-£300k?) the projects have no value at all. This is clearly an anomaly and cannot last.

I can see the share price recovering as a result, the sector is turning up and M&A returning, with only 92m shares in issue (tightly held) it will not take much buying to rerate the stock.

At 10p a share the company would only be valued at £9m, quite incredible.

[xow98] 14/4/2023 16:20

Crossed the 50 day MA. Having to resort to TA to keep my spirits up ; )

[soulsauce] 14/4/2023 16:16

Indeed it has but he has kept alluding to something going on in the background. Well ok when is he not alluding to something. A little less alluding and a little more action please.

[xow98] 14/4/2023 16:12

Prelims due end of month. Let's see if there are any director buys after that. This close period has been dragging on.

[soulsauce] 14/4/2023 16:10

Spot on xow. We need to hear the plan.

[kaos3] 14/4/2023 16:01

i am on the sidelines until this dilemma is resolved - easy to get in, not so easy to get out

[xow98] 14/4/2023 15:57

Not his most confident presentation.

Why are we parking the "High priority Exploration target"? Oxymoron?

Given cash flow constraints, we need to focus on one of the prospects and prove serious mineralization, rather than little bits here and there which hint at something but prove nothing.

[olexanderusyk] 14/4/2023 15:42

i like the stock.

[mininglamp] 14/4/2023 15:32

According to IG and LSE normal market size in PALM is a mere 7,500 shares, I noticed the stock has fallen from 12p in Q1 2021 to the recent 2.8p, a drop of 77% - this is broadly in line with the sector.

Given the lack of liquidity, low free float, a stock like this can move a significant percentage in short time.

The projects in Canada could attract interest from a major or mid cap, none of this is in the price, frankly the market valuation of £3m is an anomaly.

Most stale bulls are in at, or well above 5.5p, that is an advantage to new buyers.

[soulsauce] 14/4/2023 15:11

I have more than enough thanks short of hearing a coherent plan if we are worthy 🤔

[one2go] 14/4/2023 15:07

Sector is on the turn folks, stop whinging and buy the shares, no chart resistance to 5p.

[hazl] 14/4/2023 13:07

A welcome rise none the less.

[soulsauce] 14/4/2023 12:56

No need to worry Spangle as the majors know what we are doing 😏

[spangle93] 14/4/2023 12:50

It wasn't a £3MM company this time last year, aussiebeach. :-(

His first stockbox slide "value creation in action" shows a rising line over company history. Maybe that's why the share price history demonstrating the actual value added to investors is shown on slide 2 ...

[soulsauce] 14/4/2023 12:45

Unfortunately that interview on Stockbox is curtailed rather abruptly so I hope we get the rest of it.

Quite correct in your thinking aussiebeach. It would help if he furnished us with a plan of some sort.
We were told a plan had been signed off but he doesn't seem to want to tell shareholders yet 🙄

[aussiebeach] 14/4/2023 12:20

I was hoping the Panther presentation at Proactive would be online by now as it was recorded, another attendees presentation is now out.

Another interview has been completed by Mr Hazlewood via Stockbox here...



It is quite clear that the sheer weight of projects is a financial burden, the company really needs to secure a JV partner with clout, there is no way a £3m company can handle such scale - not only that the suite of projects is confusing for investors IMO.

Mr Hazlewood is working hard on the PR circuit currently, well done, but is there a sting in the tail ?

[onehanded] 14/4/2023 10:39

Looks like slowly edging back to test 5p mark. My buy add on the 5th around 3p looks more promising.

[spangle93] 14/4/2023 07:32

Trailer for Panther at the Master Investor show



I'm sure he mentioned saving money by only using one PR outlet, but good idea to try to go out to attract new investors to the proposition here

[soulsauce] 13/4/2023 08:43

LOL, brilliant Spangle. Me too.

[spangle93] 13/4/2023 08:22

I wish I'd watched them instead of investing in them 😢

[burtond1] 13/4/2023 07:47

"...Well chosen gold miners can offer premium returns above the gold price and a more rapid appreciation than the product they sell. Investors looking for value might look beyond the mining majors to small gold miners..." Below we pick out a 14 small cap gold miners worth watching : https://total-market-solutions.com/2023/04/is-the-gold-rally-here-to-stay-14-small-cap-gold-miners-worth-watching/

[olexanderusyk] 12/4/2023 22:52

hey greedy belly

[kaos3] 11/4/2023 18:40

vol is high. past few days .... so something is going on

[d1g3y] 11/4/2023 18:00

Thoughts as to the rise today?

[xow98] 06/4/2023 08:00

Panther Metals Ltd (Australia)
@panther_metals
5h

Did someone say #gold? #BurtvilleEast #Bonanza grades of 15m@54g/t Au with a peak metre intercept of 478g/t! We'll be heading back soon after the completion of our rights issue.