Panther Metals Share Discussion Threads

[howie26] 10/5/2023 18:39

Any big volume on a decent RNS will probably see this rerate to 6-7p pretty quickly. People buying now could be onto a winner

[soulsauce] 10/5/2023 15:59

Goldenshred what you are seeing is not untypical when trying to buy Palm in any decent amount. Long termers have seen it all before. The same is often true when you are trying to sell in any amount.

[goldenshread] 10/5/2023 15:45

Managed to add this morning, some real shenanigans going on currently as it is nigh impossible to buy, the market in PALM seems closed for business and one wonders why.

Everything is being done to stop demand, namely a wide spread, on-line buying shut off, market makers refusing to raise the price as it would show a larger percentage gain which could attract more buyers on the FOMO basis.

It is essential for these smaller companies to get out of the clutches of 'the market' whilst PALM is not AIM listed you can bet there are entities short here who will demand stock from the company by way of a placement.

One hopes Mr Hazlewood does not succumb to these advances and sticks by his guns, I think the statement he made at Master Investor concerning new routes to funding is a game changer for the shareholders, one suspects this may have put a few noses out of joint to say the least.

Mr Hazlewood should now be getting on the phone to the company broker to demand to know why the aforementioned antics are ongoing, the broker will bluff and bluster and deny (they always do) however it will make them (and others) think long and hard about messing with PALM in the future.

Is this going back up YES, it could be rapid IMO.

DYOR

[broken_arrow1] 10/5/2023 14:35

IG want a 3.55p for just 100,000 shares v the advertised offer of 3.4p.

Could be right about shorts closing.

[grimreaper2019] 10/5/2023 14:30

Looks to me like shorts are trying to close discretely - good luck with that, will punters catch on, could be some fireworks here soon enough.

Clue is the increased volume following the media from Master Investor when they said they will not raise via equity - the market makers trying their hardest to keep the price down.

Usual trick will be knock on the Panther door by the house broker saying we have a group of 'investors' wishing to give you money for shares at X price - what they mean is we need to close our short !

[broken_arrow1] 10/5/2023 12:23

Technical's looking very good here right now, 1.2m traded by mid-day highest for an age, chart positive, RSI neutral (plenty of room for upside) small free float.

Only 25,000 shares at offer price with IG then it moves up.

A run back to 5p/6p looks possible.

[hazl] 10/5/2023 12:07

Yes great to have some interest again.

Golden and Observer.

[soulsauce] 10/5/2023 11:18

Let's wait until he actually delivers non equity funding.
He has hung his hat on that statement so I hope he can back it up.

[observer007] 10/5/2023 10:53

Bit of volume creeping back into Panther, the stock hit 12.5p last April, low volume drop to current levels.

With no equity dilution as confirmed recently then the shares are only going one way, back up.

[goldenshread] 10/5/2023 07:57

I have been slowly accumulating here with smaller trades, the floor is in and the latest interview implies there will be no dilution at current levels.

Funding will come from other sources, be-it a strategic investor, project level finance, asset sale(s), a JV or even funding from the Canadian Government.

The market cap is covered by their equity positions so the significant rest is in for free !!

This is the kind of initiative that rerated ORR and others by 100%+ when the market was relying on the respective companies to place stock to cover positions.

These micro caps can move up when least expected, buy the lows and profit, volume is currently a trickle but many are watching these juniors and that can change quickly.

More news please !

[danmart2] 09/5/2023 20:47

The lack of a plan by May 23 is the biggest concern

[hazl] 09/5/2023 19:45

2747( Not here) Kaos3 still waiting for a reply.

[kaos3] 09/5/2023 19:40

palm reminds me more and more of cgnr

[hazl] 09/5/2023 19:11

He wants you to be tempted .
If it is suffering the same as a lot of the minerals, then I'm inclined to think it's a sector thing.
If that's the case it's just about waiting until things change and the sentiment generally improves, in my opinion.

imo

[soulsauce] 09/5/2023 19:06

What's the crux of the link Dan as I have no wish to put money into Winnifroths pocket.
I can see him say sub-Standard listed Panther Metals.
Obviously as pleased as the rest of us here to be drowning underwater.

[hazl] 09/5/2023 19:04

Aussiebeach good point.

[aussiebeach] 09/5/2023 14:57

Some interesting nuggets in that more condensed presentation, could receive money from the Canadian Gov, that is new.

One would suggest the time is drawing closer for the market to re-rate this company, it is clear (finally) he will not place stock at current levels, that may upset some short entities.

Maybe a JV with a third party also.

[goneawol] 08/5/2023 16:57

Master Investor show

[one2go] 03/5/2023 07:51

Something meaningful at last from PALM, hopefully just the start of news-flow, lots of upside here.

[aussiebeach] 03/5/2023 06:43

This needs some material news to attract interest, hopefully sooner than later, one decent news event could deliver a strong rerate given the tight float.

[wrtmf] 02/5/2023 15:14

pnt [palm oz] down 22% overnight

'highly oversubscribed placing'

[aussiebeach] 01/5/2023 12:33

PALM tweet today - our main objective is to create value for our shareholders !

[nt2buy] 27/4/2023 23:41

Last time Darren promised no dilution he ended up coiling one out of investors heads.What a shame. I always had high hopes of him, until he joined the ranks of Bill Brodie Good.By the time this comes good there might be too mamy pieces of confetti.