Panthera Resources Share Discussion Threads

[gallamar] 24/10/2024 12:04

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 09:13

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 09:22

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

[gallamar] 17/10/2024 19:43

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 16:31

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 14:51

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

[gallamar] 16/10/2024 13:14

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 11:37

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

[gallamar] 16/10/2024 11:03

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 13:32

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 09:25

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

[gallamar] 15/10/2024 09:10

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 08:50

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

[punting] 15/10/2024 07:07

Given MB said Bhukia is in the top ten undeveloped mines..I would have thought far in excess of Greenx ..not sure what other undeveloped mines are valued at though...if anybody has any knowledge....

[gallamar] 14/10/2024 14:17

New vsa

hxxps://youtu.be/jVFFkX5Tyqg?si=q1LxPjP4RhYshTTY

Confirming we believe claim is at least as big as greenX

[jettyboy] 11/10/2024 19:18

Something is going on in the background. Positive news coming?

[davethechef] 09/10/2024 08:21

hxxps://www.allenbycapital.com/client/panthera-resources-plc/

New Research Note from Allenbycapital

[punting] 08/10/2024 15:25

Agree Walter LCM have put £10 mill on a win...

[gallamar] 08/10/2024 11:10

Agree punting.

There is value here, when it comes is not known. In the past greenX was in a similar position as we are today.

Today people may look at greenX and I hope some will learn about pat.l because the stock is not so well know

[punting] 08/10/2024 10:58

Blake..the rewards will come when it does..the only shorter term hope I have is once the claim is announced, the share price will rise a good few % of that.

[gallamar] 08/10/2024 10:44

I think the key point is you can work out how much you get from greenex from here. Is settlement pre or post tax. Will they take haircut for early payment.

Or you widen you perspective and ask is there something similar to greenex. They did make over 500pct holding. We are helping answer that question. The decision to trade is to an individuals risk preferenece

[gallamar] 08/10/2024 10:42

Blakesmith.

Nobody here is pumping, we are all long term holders.

The setup is very similar in claim amount, sector and lcm backing. The story is not well known and yes we ate helping people understand.

If you do not like the trade fair enough but others do. Vsa capital a broker mentioned it this am and the CEO of that company also holds

[blakesmith] 08/10/2024 10:33

How long did GRX TAKE to completePat is dealing with different country and arbitrators have just been hired You won't have any answer for at least 1 year Pumpers are pumping like they going to get an award any day

[walter walcarpets] 08/10/2024 10:23

LCM have a track record of winning 95% of cases. I'll take that risk.

[blakesmith] 08/10/2024 10:20

There is absolutely no guarantee of a similar outcome here