Panthera Resources Share Discussion Threads

[punting] 13/12/2024 09:44

Nats whisker off 9p..

[gallamar] 11/12/2024 11:46

Some trades went at 8p due to broker note. Volume is good not massive

Personally I am just hoping for an update on timetable. Fast one please:)

Then I wait and see if my hunch for a 1.5bn usd+ claim is correct.

If we get to next year with a good claim and a reasonable trial date it is the just an exercise in patience

[gallamar] 09/12/2024 21:16

There is also no mention of the implication of an illegal expropriation on valuatiom methodology. I still have my fingers crossed this is very good for us, as I think it opens up some rules under international law

[gallamar] 09/12/2024 21:14

Vsa writeup gets the right conclusion it is undervalued even with their Conservative assumptions.

Clearly it is Conservative as they have a claim of circa 400m usd when CEO has stated at least greenex ( 1bn usd).

To get the real answer they need to model Bhukia with all the drill results and they said they did not have this hence the Ev/oz route.

Interesting they mention de grey being sold for 3.3bn usd as that was a proxy for me. It had 12m oz ( ours with 8moz equivalent and big target) and they graded at 1.3g vs ours at 2g.

I am still fingers crossed hopeful for a big claim over 1bn usd

[dafad] 09/12/2024 14:53

40p price tsrget by vsa according to Shar...p

[punting] 14/11/2024 07:36

Just had a look around for the interview..carnt seem to find, do you have a link?

[gallamar] 13/11/2024 09:15

Punting.
An interview is coming out later today. I asked CEO regarding communication last night.

My guess is prior RNS it was implied the new entity would stump up some costs for past drilling.

Maybe this is the first baby step for that.

[arlington chetwynd talbott] 12/11/2024 13:58

Classic AIM.

[punting] 12/11/2024 13:22

Am I reading rns correctly..we give $250,000 in shares @ 5.5p..but to balance we get a cash injection of the same amount?

[punting] 08/11/2024 22:30

Rns..just finished work and seen.Well, looks like flat response from market and everybody else.

[punting] 30/10/2024 09:13

Dropping the spread & shaking the tree by the looks of things.

[gallamar] 25/10/2024 11:24

There is interest from a handful of investors to meet mark when he is london. Let me know if any of you might be interested.

It is always interesting to meet the man behind your investment

[gallamar] 24/10/2024 11:04

I spoke to him.
I am considering trying to arrange an informal meet up in London for week of 18th.

Let me know if anyone has interest. I am thinking of suggesting a couple of pints in pub so we can get to know him

[punting] 24/10/2024 08:13

It seems Mark is back in London early November, for a while. I suppose the West Africa details/results/spin out might not be until then.Bit of a shame really, I am sure he said they were imminent some time ago.

[gallamar] 21/10/2024 08:22

A board member on lse website spoke to ceo at weekend. It gives commentary on the TOI article

[gallamar] 17/10/2024 18:43

To do it correctly look at the latest presentation as there are some warrants.

I would say pat.l are honest because they are doing the incentive package upfront.

[punting] 17/10/2024 15:31

I think there is an incentive package for Mark only in shares I do believe. I hope the rest take there bonus from the value of their shares as and when.Currently there are just north of 195 mil shares...I run my figures on 200 mil which I think covers the bonus..

[pigeonfeeder] 17/10/2024 13:51

Have management awarded themselves a bonus on the successful conclusion of arbitration? I was shocked that GRX management claimed 6%.

[gallamar] 16/10/2024 12:14

To stay up to date look on lse website. This is how I found out. There are many well researched long term posters there. I only post here randomly.

Nothing is formal until it is formally announced. Advfn is a bit dead for this stock

[punting] 16/10/2024 10:37

I have just read the link to TOI article...they must settle now surely...

[gallamar] 16/10/2024 10:03

Times of India is speculating auction process is frozen because of our arbitration. Commentary is on lse website, we are far more active than advfn

[gallamar] 15/10/2024 12:32

I am ignoring the broker note for that reason

TBH I think it is not really that relevant, the latest vsa interview has the ceo indicating 1bn usd plus.

There are many assumptions, working mine or just deposit. Factors applied to quality of drilling, resources to base on.

Reality is ceo is saying it is as big as greenex.

I think greenex claim ratio is hidden. They won compensation on 1 deposit and no award on other. Given deposits are equal size, maybe award is more likely 252m gbp vs initial claim for that deposit of half of 750m gbp claim!

[punting] 15/10/2024 08:25

I think that poorly researched broker update ( recently) mentioned working mine..but I need to check.

[gallamar] 15/10/2024 08:10

For degrey I think they have around 8moz, with another 4 indicated.

Their grade is 1.3g vs our which is nearer 2g.

I think de grey drilled to nearly 400m, I am not sure how far down bhukia was drilled but I would expect less.

Based on a 6m oz they were showing 4.6bn aud of free cashflow after tax in 12 yrs.

The legal argument will matter alot to know if we are looking at value of a deposit or a working mine.

[gallamar] 15/10/2024 07:50

For undeveloped. Try degrey( asx listed) and greatland gold( uk listed).

I think anything with 7moz+ will be up there.

Degrey being is aus has better jurisdiction, grade is lower. Drilling more advanced

Greatland is underground (quite far down). Probably harder to compare as more costly than open pit.

One complication for me is how the lawyers view valuation. Just a comparable undeveloped deposit? Or do they factor in a loss for the fact we did not have a chance to develop the deposit and make money.

An undeveloped deposit would be fraction of NPV, a mine that has been operating for many years, with low AISC with high gold price might look more similar to perseus mining

I think no matter what the CEO is saying more than Greenex. Without over thinking it, in a couple of years we could be where Greenex are now or more

I suppose because our claim will be larger ( CEO is careful so that extra detail is for a reason). Also the payout to claim for greenX was slightly disappointing and there is a chance ours can be higher