Share Name Share Symbol Market Type Share ISIN Share Description
Panthera Res. LSE:PAT London Ordinary Share GB00BD2B4L05 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  +1.90p +16.74% 13.25p 514,783 12:44:31
Bid Price Offer Price High Price Low Price Open Price
13.00p 13.50p 13.60p 11.35p 11.35p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -1.79 -2.85 9.0

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Date Time Title Posts
25/3/201915:17Panthera Resources373
08/2/201913:00Panthera Resources - Multi-Moz Gold Explorer in India & West Africa404
13/4/201004:39Chart Patterns2

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Panthera Res. (PAT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-03-25 15:58:0613.2050,0006,600.00O
2019-03-25 15:57:2813.453,672493.88O
2019-03-25 15:55:3913.456,936932.89O
2019-03-25 15:31:2713.453,000403.50O
2019-03-25 14:18:1113.404,479599.96O
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Panthera Res. (PAT) Top Chat Posts

Panthera Res. Daily Update: Panthera Res. is listed in the Mining sector of the London Stock Exchange with ticker PAT. The last closing price for Panthera Res. was 11.35p.
Panthera Res. has a 4 week average price of 7p and a 12 week average price of 1.85p.
The 1 year high share price is 15.50p while the 1 year low share price is currently 1.30p.
There are currently 67,605,556 shares in issue and the average daily traded volume is 253,399 shares. The market capitalisation of Panthera Res. is £8,957,736.17.
moneymunch: Near term Multi-bag potential on the rightful award of the Bhukia permit license, as well as the prospect of a Bombay Stock exchange listing and Panthera's highly prospective west African gold exploration projects. Galaxy's second $250k payment, expected this week will speak volumes, the strongest indication that ongoing negotiations with Rajasthan's new Government and new mining officials and key administrators are going well...get ready for some serious UPSIDE on confirmation. Gla Holders...Excitement building, Right time, right place...On and UP!!! ;-) 19th Febuary 2019 - Receives first tranche of funding from Galaxy Panthera’s share price increased by 20% yesterday on the announcement that the first $250,000 tranche of investment from Galactic Gold Mines (“Galaxy”;) had been received. This takes the total share price gain since the announcement on 20 December 2018 that Galaxy was a to purchase a 10% stake in Indo Gold Pty Ltd (“IGL”), Panthera’s wholly owned Indian subsidiary, for US$1.25m, to 4.5 times. COMMENT: The two-staged US$1.25m purchase values Panthera’s remaining 90% interest in IGL at US$11m, a 40% uplift to the company’s current market capitalisation of US$8m, which incorporates its share of the Bhukia JV, its three highly prospective west African gold exploration projects and its approximately 15% stake in Anglo Saxony Mining (which is currently advancing a preliminary feasibility study of the Tellerhauser Sn-Zn-In deposit in Saxony, Germany). As noted in its December announcement, Panthera and Galaxy are working closely to negotiate IGL’s participation in the listing of Galaxy on the Bombay Stock Exchange (“BSE”) possibly through a merger to the acquisition by Galaxy. We believe that this, together with the granting of the Bhukia PL have the potential to add considerable value to the company. The company continues to generate encouraging exploration results from its portfolio of gold exploration licenses in West Africa and the first payment under the agreement with Galaxy is a demonstration of the faith that Galaxy have in their ability to help advance the process towards the grant of the PL over the Bhukia project (IGL 70%). This would allow the company to re-commence exploration on the project which has the potential to develop into a large-scale open pit gold mining project and where current JORC compliant resources are 1.7Moz and the company has a target of outlining 6.0Moz of resources. Galaxy earning up to 22% stake in Panthera’s Indian subsidiary in return for US$1.25 million and ongoing support and services to advance the Bhukia JV project in Rajasthan to the construction phase — Galaxy is a private Indian company with Australian management that is backed by an Indian venture capital group, Hunch Ventures. It was formed in 2016 to build a portfolio of interests in the Indian gold sector and it intends to list on the BSE in 2019. Under the terms of the December 2018 agreement, Galaxy agreed to purchase a 10% stake in Panthera's 100% owned subsidiary, Indo Gold Pty Ltd. ("IGL"), for US$1.25m and earn up to a further 12% by providing ongoing support and services to advance the Bhukia JV to the construction phase and work towards Indo Gold’s participation in Galaxy’s listing on the BSE, which the company believes will more strongly align Indian capital and investors with the success of the project and allow greater participation by Indian investors in the success of the Bhukia project. Galaxy agreed to purchase the 10% interest in IGL in two 5% stages. In the first stage a 5% stake is to be purchased for US$500,000 consisting of two payments. The payment just received was the first of two US$250,000 payments, with the next amount due before 31 March 2019. The second 5% stake is due to be purchased for US$750,000 prior to the re-commencement of exploration (now expected mid- to late-2019). Galactic can also earn up to an additional 12% interest in Indo Gold subject to certain milestones - by providing administrative, legal, permitting and technical support to advance the Bhukia JV project (Indo Gold 70%) in India. Galaxy will earn a further 7.14% interest in IGL at the time that Panthera makes the decision to recommence exploration on the project. Galaxy will earn a further 5% in IGL on a board decision to commence construction at Bhukia. Previous work on at the Bhukia Project by the Geological Survey of India outlined a non-compliant resource containing 6.7Moz of gold at a grade of 2.0 g/t Au, while a limited drill programme by the company outlined a JORC-compliant resource of 1.7Moz of gold at a grade of 1.4 g/t. Mineralisation extends from surface, supporting the view that the project should be able to be developed as a large, bulk-mineable, open-pit operation with a low strip ratio. Metallurgical work to date suggests the gold is non-refractory and that the most appropriate processing route is likely to be flotation followed by regrinding and CIL, with 85-90% recoveries expected.
moneymunch: The following was released in August 2018 and illustrates just how strong Panthera's legal position is to their rightful claim over Bhukia's permit license...which was further validated a month later by the High Court protection order....since then, Galaxy and Hunch have carried out extensive legal and technical due diligence on Panthera's rightful claim, hence their investment, and combined with the new administration now in place in the Rajasthan Government and Mining Department, a successful conclusion and rightful award is firmly in our favour imho...Gla holders...Transformational upside on permit license approval...Tick Tock Boom!!! :-) 28/9/18 Geoff Stanley, Managing Director of Panthera Resources, commented: "We are very pleased that the Courts of India have again proved to be effective in protecting the Company's rights to the Bhukia project. This strong protection offers additional paths to resolve the permitting process with the GoR, puts us in a strong negotiating position, and validates our rights. The Bhukia project may represent one of the most significant undeveloped gold and copper deposits currently known, and despite these ongoing delays, we are confident of our rights and believe opportunity to advance such a high-quality project is within reach. I look forward to updating the market as further progress is achieved toward the goal of being able to grow the existing JORC (2012) resource of 1.74 million ounces by drill defining the larger exploration target, which currently stands at over 6.0 million ounces." 21/8/18 Company Action to be Taken: The permitting process for Bhukia has been long and protracted, with successful legal intervention required on numerous occasions to protect the Company shareholder's rights and advance the project. Accordingly, the JV has built an exceedingly strong base from which to launch a legal challenge to this latest attempt by the GoR to deny its rights. The Board have taken detailed legal advice from multiple highly respected, industry leading, law firms and are moving immediately to file a Writ Petition with the High Court of Rajasthan pursuant to the protections granted by its January 22(nd) Order. The Board are highly confident that it will secure the Stay Orders required to completely protect the JV's rights over the entire area of the former RP, which will then put it in a strong negotiating position regarding the grant of the PL. It is a well documented fact that the JV has met all the necessary criteria for the grant of a PL and it is now a requirement under the laws of India for the GoR and the Government of India to grant it. The Board anticipate full Stay Order protection within 10 weeks, with a possibility that the Court will grant an Interim Stay Order within the next month. In addition to the legal proceedings, the Company will also start a dialogue with the Government of India given the concerns surrounding how the GoR has conducted itself in contradiction to the country's legal framework and their own previous communications. Geoff Stanley, Panthera Resources Managing Director, commented; "I am immensely disappointed that, after working under a valid RP for three years and defining a resource, after 10 years of work on this permit, after having negotiated with the GoR an agreed plan for its grant, and after almost a year of positive feedback from the Principal Secretary of Mines, that the GoR has used all of the same issues that have been addressed and settled repeatedly at various times in the past as reasons to reject the PL application. The intention, motives and timing of the actions of the GoR are highly questionable, as they allowed the JV to work in the area under a RP, spend significant resources to identify a JORC compliant resource and now after all these years are yet again attempting to deny the JV its legal rights. The points raised by the GoR contradict their own recorded positions taken at various times and are against the principles of Indian Corporate law and against the principles of the amended Mining Act, which provides for seamless transfer from Reconnaissance to Prospecting to Mining. This also goes to the heart of the nation's foreign investment policies and the Prime Minister's vision to 'Make in India' Panthera intends to move rapidly to further protect the JV's rights in the Courts of India, and will also be investigating recourse through bilateral treaties that exist between the UK and India and Australia and India" It is clear the Government of Rajasthan is errant in rejecting MMI's application. Some comments Panthera would make regarding the points 1. - 5. above are as follows: htTps://
moneymunch: A sudden and significant re-rate at anytime, only 67.6m shares in issue with 36.3% not in public hands and a current market cap of only £6m, massive upside potential on the prospect of 6m oz plus resource target at Bhukia as well as Galaxy's Bombay Stock Exchange listing this year, and Panthera continues to generate encouraging exploration results from its portfolio of gold exploration licenses in West Africa, the gold hot spot on the planet....a market cap of £67m and a share price of £1 would still look cheap with so much gold potemtial. Gla Holders On and UP!!! ;-) "Panthera and Galaxy are working closely to negotiate IGL’s participation in the listing of Galaxy on the Bombay Stock Exchange (“BSE”) possibly through a merger to the acquisition by Galaxy. We believe that this, together with the granting of the Bhukia PL have the potential to add considerable value to the company."
habz1986: So can we expect a good rise in share price
livewireplus: Plenty of colour in the Presentation maps ... let's hope the share price continues to be more 'colourful' during Q1 2019 as well ...
tomboyb: RNS out -
sol118: Has there been any news yet?? I can't seem to find any, But the share price is dropping so I assume they have not been granted the permit??
joecase: Stage 1 share price. 11p
bozzy_s: Hmm, my guess is the 250k is a delayed sell. If it were a buy, what sized sell is being worked to cause the share price collapse, despite a 250k-shares buy in a microcap company? I'm assuming the weakness since April is because of the India license problem. The company seemed to be expecting a resolution imminently, 3 months ago, hence I would guess that's going to be bad news. And I'd also guess that's now in the price, so anything better announced on India ought to finally lift the price. It is a horrible looking chart. Imagine holding since IPO - I'd be furious with the company. Obviously they need to improve immediately. Edit - credit where it's due on the financing. I'm happier buying a share where someone else has provided funding at a 200%, 300% higher share price.
lambo222: The 250k was not a buy I can assure you, mgmt have lost all credibility here they dropped the court case against the government and the government are playing them like fools, they don’t want pat to have this license and they will fight it to the bitter end costing pat money they don’t have. The drilling is tiny early stage stuff in unstable countries and they will be burning through cash. I sold up today another few months without news the share price will just drift lower towards 2p load of rubbish to say drill results within 2 weeks. When they announce that they are having to take the case back to court the share price will tank and I’m certainly not going to lose another 50% on this rubbish. The price never ticks up on buying and is slaughtered on any selling and has been like this for months, avoid at all costs imo
Panthera Res. share price data is direct from the London Stock Exchange
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