Panthera Resources Share Discussion Threads

[moneymunch] 28/1/2019 10:01

On and Up!!! :-)

[dave4545] 28/1/2019 10:00

Interesting there is not even 10,000 offered online atm

[moneymunch] 25/1/2019 06:18

FUND RAISE/PLACING very likely this coming week following Monday's planned AGM, to raise cash to progress follow up/drilling exploration work on their exciting West African ( Mali and Burkina Faso ) gold prospects, and no doubt there will be a surge of new investors on a fully funded Panthera with so much upside potential, there's currently only 67.6m shares ( 36.3% not in public hands ) and a market cap of £1.35m, and so any drop in share price on a discounted placing will be brief imho as the demand for shares thereafter should see the share price bounce/recover significantly.

Panthera's World class Bhukia gold prospect in India, dependent on permit license approval, should be self funded with Galaxy's $1.25m cash injection for a 10% stake and another £1.5m cash from Republic Investment, Galaxy will also earn a further 12% from technical and legal support in progressing and achieving permit approval up to the recommencement of exploration , and earn additional equity from logistics and drilling support upon the re-commencement of exploration at Bhukia.

Galaxy also plan to list on the Bombay Stock Exchange this year and Panthera's Indian subsidiary Indo Gold Ltd and Galaxy are constructively working to negotiate IGL's participation in Galaxy's BSE listing process (possibly through a merger with or acquisition by Galaxy), and so massive upside potential this coming year if all goes to plan imho. Gla ;-)

[moneymunch] 24/1/2019 13:01

West Africa ahead of South America, Asia as investment destination

And all the more so because politically Francophone West Africa has been much more stable in recent years. According to the Fraser Institute’s Policy Perception Index, West Africa ranks ahead of South America and Asia in terms of its attractiveness as an investment destination, not far behind Australia.

Part of the reason for this is that new mining codes have been established in Côte D’Ivoire (2014), Burkina Faso (2015) and Mali (2012). The emphasis has been on a combination of creating a favourable business and regulatory environment and ensuring that corporate social responsibility remains at the fore.

It’s a context that has allowed the likes of Endeavour and Randgold not only to build and operate big mines but also to get out and really explore.

Anyone who doubts that this is happening needs only to consider the most straightforward of statistics. West Africa has been the number one discovery region for gold in the world for more than ten years, with over 79mln ounces discovered in the past decade as a result of a US$5bn spend.

It’s a number to conjure with, considering that the competition comes from prolific gold regions like Nevada, Ontario, and Western Australia, and considering too that in 2016 just 14% of global exploration spend went into the African continent as a whole.

Nevertheless, the momentum is clear. Gold production from West Africa overtook production from Australia in 2016, with Randgold at the vanguard of this process that made it happen.

Randgold has brought four West African mines all the way through from the discovery stage to production.

But there should be more to come, and not just from Randgold. Because while Randgold continues to earmark significant exploration-spend towards its goal of discovering three million ounce-plus targets, other companies like Endeavour are also extremely active.

[the_boy_plunger] 24/1/2019 11:53

wake me up b4 we gogo........

[moneymunch] 24/1/2019 06:24

Opportunities for large scale West African gold discoveries remain plentiful

23 Jan 2019


hxxps:// www.proactiveinvestors.co.uk/companies/news/213162/opportunities-for-large-scale-west-african-gold-discoveries-remain-plentiful-213162.html

[dave4545] 23/1/2019 22:28

Always worth holding a small amount say £500 or £1k incase this mega spikes on the right news.

[livewireplus] 23/1/2019 22:18

I see the intelligentsia have started posting here recently ... I will take that as a positive sign for Pantheta... :-)

[moneymunch] 23/1/2019 11:29

A fully funded PAT will see a huge demand in shares imho.....especially on the back of the excellent flow of news from their West African prospects and the potential game changing news ahead on their World Class Bhukia prospect, and so any subsequent fund raise following next weeks AGM will very likely be over subscribed, and those expecting to be able to buy in on any volume at a massive discount on today's share price are going to be disappointed. Gla holders, hold on tight, this will bounce big regardless . :-)

[moneymunch] 22/1/2019 08:05

Looks like the Rajasthan High Court hearing is listed for 15/4/19, two weeks after the the second $250k tranche from Galaxy is due, the first $250k tranche could be imminent. Gla ;-)

Galaxy has agreed to purchase two 5% stakes in IGL in two stages:

Stage 1 (5%) - US$250,000 immediately upon receipt of Indian government overseas direct investment approval, with a further US$250,000 due before 31 March 2019;

Stage 2 (5%) - US$750,000 prior to the re-commencement of exploration (now expected mid- to late-2019).

........

and then a further £1.5m cash from Republic Investments with all approvals in place

Strategic Investor - Republic Investment Management

Panthera has a binding investment agreement with Republic Investment Management Pte Ltd. (Republic) of Singapore for three tranches of equity investment totalling A$6.7m by Republic and co-investors (represented collectively by Republic) into Panthera. The Company received Tranche 1 in July 2017 and Tranche 2 in January 2018 totalling A$4.0m. The final Tranche 3 of A$2.67m at A$0.65 per share is due at the time the Bhukia PL is granted and the necessary environmental and forestry permits for drilling are obtained. The funds will be used to finance a ramp up in exploration activities designed to confirm the Geological Survey of India non-JORC resource of 108 million tonnes grading 2.0g/t Au and define it to JORC compliant standards.

.............



Click on above link for Rajasthan High Court Principal Seat, Jodphur, then click on Party Name, Type in Metal Mining and tick Petitioner and then tick on search, and then tick on get data from 18 records and click on Listing No.8 to access status. Gl ;-)

[livewireplus] 21/1/2019 22:30

Le baboon .... thanks for posting your GCSE English Language answers - what grade did they award you in the end?

[le baboon] 21/1/2019 21:22

ooh ooh ooh eee eee eee aah aah aah





ooh ooh ooh eee eee eee aah aah aah

1p

ooh ooh ooh eee eee eee aah aah aah
1p
ooh ooh ooh eee eee eee aah aah aah
1p

[dave4545] 21/1/2019 10:52

102k £2500 in £1900+ out

£600 loss through impatience

Mind you the mm's slaughtered them, they never bid anything at 2p. Aim is one giant con and the mm's are a big part of it. Killing the volumes as more and more people
reluctant to play illiquid stock now

[moneymunch] 21/1/2019 08:47

Geoff Stanley, Managing Director said "This agreement offers a great opportunity to fast track Panthera's path to an economic resource in Burkina Faso. The large strike extent of artisanal workings and the significant amount of previous drilling significantly de-risks the project and we are optimistic it will allow us to plan a major drill-out for later this calendar year."

[moneymunch] 21/1/2019 08:33

A potential stellar year ahead for Panthera...Gla holders...On and Up!!! :-)

[moneymunch] 21/1/2019 08:30

More good news. :-)

Labola Gold Project Acquisition

Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to announce it has negotiated an opportunity to acquire the Labola gold project in Burkina Faso, West Africa.

Highlights

-- The Labola gold project consist of a package of approximately 65km(2) of licences that host two significant quartz vein structures that have been mined (artisanal) over at least a 9km strike.

-- This is the first time this package of properties has been consolidated under one ownership and it represents an excellent opportunity to integrate the significant amount of previous drilling and optimise the resource potential of the project.

-- Previous explorers have announced combined JORC and 43-101 compliant resources of over 600,000oz averaging (approximately) 1.2g/t Au. Panthera believes these estimates require verification and accordingly, should only be considered as exploration targets.

-- Significant potential for higher grade mineralisation can also be seen based on previous drill results

[sol118] 21/1/2019 08:29

Cracking rns!! Boom boom boom

[moneymunch] 18/1/2019 16:54

Only 67.6m shares in issue with 36.3% not in public hands and a current market cap of £1.28m, and so plenty of upside ( multi-bag ) potential if all goes to plan. Gl ;-)

[stephen2010] 18/1/2019 16:37

Sounds like a decent punt. May dip in on further weakness. The risk reward does seem weighted to the positive side