Panthera Resources Share Discussion Threads

[moneymunch] 19/2/2019 10:12

10p plus coming....Gl :-)

[sigora] 19/2/2019 10:12

damn sold too early

[dave4545] 19/2/2019 10:11

Well done mm

If you have truly held from 2p to 10p on all the up and down and shakes then you truly deserve the profits coming your way

[qs99] 19/2/2019 10:02

Indeed. 2nd tranche and unpdate even more bullish... dyor

[moneymunch] 19/2/2019 09:48

No better place to be than here imho....and permit license approval on Panthera's World class Bhukia gold prospect has never looked stronger. Gla holders On and Up and Up and Up and Up and Up!!! :-)

[qs99] 19/2/2019 09:28

ARB? is that a stock?

Gold Price motoring as well, so if PAT is the dream scenario, then NPV of any project should look even more enticing at these GP levels....DYOR naturally! roll on 10p+ today

[hjfe] 19/2/2019 08:34

Careful here.......time for a go on ARB?

[qs99] 19/2/2019 08:26

Actually as you say MM, sod 10p.....get that 2nd tranche in and who knows where this may lead....DYOR

[qs99] 19/2/2019 08:23

Great so 10 X today would be c.£60m market cap on approval maybe by your calcs which would be nearer 80p-£1? DYOR

[moneymunch] 19/2/2019 08:10

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??? And with only 67.6m shares in issue a successful outcome will be transformational and the upside in share price will be breathtaking imho....Panthera will be all set for the BIG TIME on permit license approval.....Gla Holders.... On and UP!!!;-)

[qs99] 19/2/2019 08:04

10p today hopefully....DYOR and GLA

[moneymunch] 19/2/2019 08:01

Negotiations with Rajasthan's new Government and Mining Department by Panthera, Galaxy and Hutch must be progressing very well indeed, hence confirmation of Galaxy's cash commitment today, and no doubt Galaxy's BSE listing plans for this year are key to a successful and favourable outcome.....this is going to be BIG!!! Gl ;-)

[moneymunch] 19/2/2019 07:38

Only 67.6m shares in issue with 36.3% not in public hands and so 10p in a blink imho.....which only equates to a market cap of £6.7m.....Significant upside coming!!! Gla Holders ;-)

[livewireplus] 19/2/2019 07:34

So wonder what time today then share price will get in to double figures - never to return to being a 'penny share' again... :-) Happy Days ...

[sexyrexy1] 19/2/2019 07:30

This is great news. Should now get a lot more investors interested & buying.

[moneymunch] 19/2/2019 07:14

The strongest indication that Galaxy and Hutch are supremely confident that the World Class Bhukia Gold prospect permit license will finally and rightfully be awarded to Panthera...Gla Holders....Panthera is all set to be the shining star of 2019 on confirmation, and offers truly transformational upside potential for those invested....On and most definitely UP!!! ;-)

28/12/18

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".

[moneymunch] 19/2/2019 07:02

Oh Yes!!! Gla ;-)

Panthera Resources
First Tranche of Galaxy Funding
RNS Number : 4030Q
Panthera Resources PLC
19 February 2019


19 February 2019



Panthera Resources Plc

("Panthera" or "the Company")

First Tranche of Galaxy Funding Confirmed

Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to announce that the initial US$250,000 of funding from Galactic Gold Mines Private Limited ("Galaxy") has been received.

Following extensive technical and legal due diligence by its team in India, Galaxy 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 in Rajasthan, India. Further details are in the announcement dated 20 December 2018.

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).

[moneymunch] 18/2/2019 21:58

Lol...a bigger and better fortune near term for those that are holding for positive news imho....Gla holders...Double figures on confirmation of Galaxy's cash, anytime now, and the multi-bag of multi-bags if the permit license for Bhukia is approved...On and Up!!! :-)

[dave4545] 18/2/2019 18:29

Showing incredible strength I agree.

Took afternoon off, bought some on the dip and left a sell order at 7p and that was filled easily. Hey ho it made a few bob and if I did that every day all year round I'd make a good fortune.

[qs99] 18/2/2019 18:25

wow, that was some clawback IMO......

[livewireplus] 18/2/2019 16:39

Damn these small touchscreen keyboards- Infeed was meant to be Indeed. Hope no one reading this thread let their shares go during the low point of todays dip - but then again it is what you are comfortable holding or not holding - no point in losing sleep over holding these if you are of a nervous disposition :-)

[livewireplus] 18/2/2019 16:33

Infeed. A nice flurry at the end to bring it back to where it was at start of day. Onward and upward in future days, weeks, months .....

[moneymunch] 18/2/2019 16:17

Poised Perfectly...Gla ;-)

[moneymunch] 18/2/2019 13:37

Can't be too much longer before the first $250k tranche arrives, and every chance accompanied by progress update on permit license application and Galaxy's planned BSE listing.....Double figures fast approaching...Gla ;-)

29/1/19

a cash infusion from the recently announced Galaxy transaction of approximately A$700k (US$500) scheduled for 1Q 2019, the Board has no current plans to raise additional capital.