Panthera Resources Share Discussion Threads

[dave4545] 18/2/2019 12:18

The mm's are making sure they get the maximum profit from that stock they bought first thing

[moneymunch] 18/2/2019 09:31

Tree shake over and perfectly poised for news. Gla :-)

[moneymunch] 17/2/2019 13:24

"the Union Government has taken several steps and also devised the new National Mineral Policy with a view to promoting the ease of doing business along with ensuring the participation of the private sector for better mineral exploration."


'Mineral Exploration in India' inaugurated during 58th Meeting of CGPB at Pusa
Representatives of State Departments, Central Ministries/ organizations, PSUs, academic institutes and private entrepreneurs attended the 58th CGPB meeting.

15-02-2019


Union Minister of State for Mines Shri Haribhai Parthibhai Chaudhary has stressed the need for optimum utilization of the available mineral resources in the country. Addressing the inaugural session of 58th Meeting of the Central Geological Programming Board (CGPB) held at Pusa in New Delhi today, he said that the Union Government has taken several steps and also devised the new National Mineral Policy with a view to promoting the ease of doing business along with ensuring the participation of the private sector for better mineral exploration. The minister also inaugurated an exhibition displaying the status of "Mineral Exploration in India" at this juncture.

The CGPB meeting was held under the chairmanship of Shri Anil Mukim, Secretary to the Govt. of India, Ministry of Mines (MoM). Dr K. Rajeswara Rao, Additional Secretary, MoM, Dr Dinesh Gupta, Director General, Geological Survey of India (GSI), Shri R S Garkhal, Additional Director General, GSI, Shri Bipul Pathak, Joint Secretary, MoM were the other dignitaries to grace the meeting of the Board. During the occasion, seven publications (five from GSI and one each from Neyveli Lignite Corporation and DMG, Chattishgarh) were released. Twenty Mineral Exploration reports worth Rupees seventy-nine thousand five hundred sixty crores were handed over to the seven state governments viz., Odisha, Rajasthan, Madhya Pradesh, Haryana, Karnataka, Andhra Pradesh and Kerala.

[moneymunch] 17/2/2019 08:26

Yes indeed, let's hope Galaxy and Hutch Capital's extensive technical and legal due dilgence on Panthera's rightful claim to the Bhukia permit license is on the MONEY!!! Gl ;-)

[sexyrexy1] 16/2/2019 13:58

All sounds fantastic moneymunch. If everything goes to plan this could be a staggering investment.

[moneymunch] 16/2/2019 09:43

The World class Bhukia gold prospect asset is targeting a 6.0Moz plus resource, the current price of gold is $1,322 per ounce, which equates to a staggering $7,932,000,000 plus gross target....and so if Panthera are awarded their rightful claim to the permit license.....what sort of market cap would reflect fair value on such massive potential...£25m, £50m, £100m and more??? A successful outcome will be transformational and the upside in share price will be breathtaking imho.....Gla Holders....Fingers firmly crossed. ;-)

[moneymunch] 15/2/2019 14:33

Ps holding firm after a stellar rise on no news, including two consecutive Number one top riser spots Wednesday and Thursday, speaks volumes....they want your shares, and they're not having mine.:-)

[qs99] 15/2/2019 14:32

Great turnaround today.... wish I’d bought more. Roll on next week!!

[kingharold] 15/2/2019 14:17

Munch: Could you give your full name address so I know where to go if it doesn't quite pan out as you say? 'Cos I'm sweating at the moment.

[moneymunch] 15/2/2019 14:03

Lol...anyone who has taken profit on this rise from 2p will all wish they hadn't soon enough...Gla holders...Double figures in a blink on confirmation of Galaxy's first $250k payment....and 20p plus plus plus on permit license approval..which only equates to a market cap of £13.52m...absolute peanuts
...On and Up!!! ;-)

Ps if negotiations are going well, then the permit license could be awarded and settled out of court imho....the stellar rise so far certainly suggests good news is imminent.;-)

[dave4545] 15/2/2019 13:34

Bullish sign it's reversed the losses on a day I expected a pull back and a lot of profit taking.

So anybody that has held their nerve all the way could get rewarded with even more
gains and well done if that was you.

[livewireplus] 15/2/2019 13:32

Less quiet now :-)

[qs99] 15/2/2019 12:18

all quiet...

[dave4545] 15/2/2019 08:39

Surprised they have took so many sales at 7p the way they pushed it that high before the close. Might be another order although I'm surprised if they are willing to pay this high when it was 3p earlier this week. Might be a delayed buy to show instead

[qs99] 15/2/2019 08:05

Blue start is nice

[qs99] 15/2/2019 07:44

thanks for the update MM. No harm in some taking profits, totally understand that, but with stock scarce IMO, they are easily being hoovered up. Decent updates and any further funding programmes and I agree with MM, this has multi-bagger from here possibilities at still only £4.9m market cap. DYOR and roll on its previous high a year ago of 25p+....so still 3-4 Times to go, JUST to get to the price it was at a year ago.....DYOR

[moneymunch] 15/2/2019 07:31

With negotiations underway with the new Rajasthan administration, and Hunch Capital's strong government, corporate and institutional connections to the mining industry in India as well as Galaxy's intentions to list on the BSE which would enable Indian institutions to participate in Bhukia's development , there's every chance this could be settled out of court. A High Court hearing is presumably only required if the Rajasthan Government and Rajasthan Mining Department are still in objection to Panthera's rightful claim, and so if negotiatons are successful and the new administration are in agreement then hold on to your hats, permit license approval news could be imminent....Panthera's share price and market cap will multi-bag in a blink. Gla ;-)

ps Fingers crossed that Indian officials are buying!!! ;-)


14/1/19

Bhukia Permitting Update

As previously reported, the recent Rajasthan state elections resulted in a change of government. Following this change a new Attorney General and Associate Attorney General were appointed for the state in mid-January. The government's response to our recent Writ Petition requires review by the new appointees prior to submission to the court. While the government's response was due within four weeks of the 26 September 2018 Court hearing where our Writ Petition was admitted and stay protection granted, we anticipate further intermittent delays as the Court is likely to provide the government leniency following the election and change of administration. We will update the market as the case progresses, but in the meantime we have begun the process of engaging with the new administration with a view to negotiating the grant of the Bhukia prospecting licence.


20/12/18

We anticipate the change of government at the State should have a positive impact on processing of MMI's Prospecting Licence (PL) application as the new government must focus on bringing in investments and creating jobs.

Panthera will initiate dialogue with the newly appointed Secretary and Minister for Mines and other government officials, including the Bureau of Investment Promotion, Chief Minister's office, Minister for Tribal Affairs and local Members of the Legislative Assembly in the New Year.

Our first hearing in the High Court is currently scheduled for the 11 January 2019, however this may be delayed if changes occur within the office of the Attorney General following the election.

In the meantime, because of the very strong Stay Order received from the High Court we are in an excellent position to commence a negotiation process with the incoming government regarding granting of the PL.

[moneymunch] 15/2/2019 06:55

All eyes on the prize.....with only 67.6m shares in issue and 36.3% not in public hands and a market cap of only £4.87m at yesterday's close of 7.2p....an amazing opportunity for transformational stellar returns for those invested.....Panthera will be the shining star of 2019 if all goes to plan. Gla ;-)


Highlights

-- Following extensive technical and legal due diligence by its team in India, Galaxy has agreed to purchase a 10% stake in Panthera's 100% owned subsidiary, Indo Gold Pty Ltd. ("IGL"), for US$1.25m and earn additional equity by providing ongoing support and services to advance the Bhukia JV project (70%) in Rajasthan, India ("Bhukia").

-- Galaxy was formed in 2016 with the objective of building a portfolio of gold mining investments and operations and a plan to be listed on the Bombay Stock Exchange ("BSE"). Its principals have a wealth of experience and a wide array of connections and capabilities in the gold mining industry in India.

-- Galaxy's principal investor is Hunch Ventures and Investments Pvt. Ltd ("Hunch"), which is a successful Indian venture capital group with strong government, corporate and institutional connections to the mining industry in India.

Geoff Stanley, Managing Director said "With the signing of this term sheet Panthera has taken a big step forward in achieving many of its key strategic and corporate objectives in India. The transaction brings Indian capital to support the development of Bhukia, it provides key corporate, bureaucratic, technical and administrative capabilities in India, and allows IGL an opportunity to participate in Galaxy's BSE listing process, which is planned to commence this year. Galaxy and Hunch's Indian legal and technical due diligence also provides strong validation of the strength of the Bhukia PL application and demonstrates a current valuation for Panthera's share of Bhukia that alone significantly exceeds the market capitalisation of Panthera".

[dave4545] 14/2/2019 17:31

Think mm's were trapping at the close but because it finished at the high it would not surprise me if it was chased up first thing but tomorrow is Friday and it's had a amazing run this week so if you are not in you might want to wait for a retrace first.

I've got 20% of my original holding left now, been taking profits all the way up so no complaints from me. Rescued my portfolio as everything else seems to be a sea of red today.

[qs99] 14/2/2019 16:35

yup, be fascinating to see how it opens tomorrow. Only risked a small amount to begin with so enjoying the risked ride......if it gets the big RNS we are all hoping for, I may try and join in for some more, but will be hard to get hold of stock I am sure of that. Flip side is a big fall on the downside! DYOR and GLA

[moneymunch] 14/2/2019 16:34

7p plus close.....Good news must now be very close....25p gives a market cap of £16.9m, which is peanuts in relation to the rightful award of the World Class Bhukia Gold prospect.....very exciting times for those invested...Gla Holders...On and Up!!! ;-)

[qs99] 14/2/2019 16:29

and its been as high as 25p+ so hey, only 4 times to go still to get back to its listing opening no? DYOR

[qs99] 14/2/2019 16:28

intra day high coming up it would seem....DYOR

[dave4545] 14/2/2019 15:33

ha ha ha the 52k fell right in the mm trap