We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Panthera Resources Plc | LSE:PAT | London | Ordinary Share | GB00BD2B4L05 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.65 | 7.88% | 8.90 | 8.50 | 9.00 | 8.75 | 8.45 | 8.50 | 879,719 | 16:35:24 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Gold Ores | 0 | -2.12M | -0.0109 | -8.03 | 16.1M |
Date | Subject | Author | Discuss |
---|---|---|---|
04/3/2024 12:32 | Nothing new here. But good to see LCM taking so positively about this case... | someuwin | |
04/3/2024 11:58 | Indeed, hopefully will see more interest push this much much higher.DYOR | qs99 | |
04/3/2024 10:47 | Definitely helps with 'exposure' when we get into the riser list.I do think within the next 2 weeks we will here news on Bhukia especially now it seems the auction is now public knowledge. I think $1 billion quide price is getting bashed around. | punting | |
04/3/2024 10:07 | Looking perky at the start of the week....DYOR | qs99 | |
01/3/2024 16:23 | OK, so we should be seeing some news flow one would like to think. Maybe Monday,,,DYOR | qs99 | |
01/3/2024 14:48 | Missed my 6 week deadline but 60 days or so on Monday since the letter was delivered... | punting | |
01/3/2024 11:23 | perky today? | qs99 | |
09/2/2024 13:18 | Northstar I take your point on timescales..I just thing after 6 weeks they should have responded.My bad on 'drop' I meant it would drop on us in an Rns not in price. | punting | |
09/2/2024 12:57 | Punting, 6 weeks is probably not long enough to respond to a huge claim like this. I suspect they will get the whole first quarter. I also don't think the claim amount will be lowered if they don't get anywhere with discussions, that is not in PAT's interest to do so. It is India that are on the rocks, so it is in their best interest to settle early for a guaranteed and quantifiable payout that will almost certainly be lower than the one requested to pay should they lose the court case. PAT will not go back of their own accord and lower the claim amount if they aren't getting anywhere as it just looks weak and they don't need to. | northstar88 | |
06/2/2024 18:52 | I reckon if the GOI don't respond ( but I hope they will) by the 6 weeks mark, the claim amount will drop.6 weeks is long enough to respond in some format to Pat/Faskens. | punting | |
06/2/2024 15:57 | Or early settlement...its still possible. | punting | |
06/2/2024 14:01 | Possibility of 500k - 3m Oz of low grade gold in Kalaka is great news. Mali has had it's fair share of geopolitical issues, and it's important to note that international mining companies tend to get approved and left alone, unlike India. We will need to raise more cash to pay for the exploration or find another partner, both are fine with me. Hopefully any further dilution comes after we find a new (higher) floor when the Bhukia claim amount is announced, which will be in the next couple of months. | edhellas | |
29/1/2024 19:53 | Thanks Ed , that was a quick response from MB.I personally would be happy with an early settlement. | punting | |
29/1/2024 16:23 | Email from Mark : "There is no specific time period required for the NoA. We do however wish that the matter will be resolved amicably which necessitates an appropriate period to allow the GoI to receive the NoD and then engage with Panthera. Subject to the term of any such engagement, we intend to lodge the NoA as soon as practicable." | edhellas | |
27/1/2024 20:36 | If I were going off the RNS only, I'd expect the NoA by end of March. But if I were going off the legislation, I'd have to assume it was 6 months after the. NoD: "Article 13 Disputes between the Contracting Parties 1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through friendly consultations and negotiations. 2. If a dispute between the Contracting Parties cannot thus be settled within six months of one Contracting Party receiving a request in writing for such negotiations or consultations, it shall upon the request of either Contracting Party be submitted to an arbitral tribunal." I don't see how we can issue the NoA by March if the agreement says they have 6 months | edhellas | |
27/1/2024 19:25 | From the Allenby note 19th December... Claim against the Republic of India September announcement of pursuit of damages: Panthera announced on September 27, 2023, that it would be pursuing a claim for damages against the Republic of India relating to alleged breaches of the ABIT. The caveat is that there is no ‘meaningful correspondence’ – Delivery of a notice of dispute to the Government of India over the balance of Q4 2023. – Delivery of a notice of arbitration to the Government of India in Q1 2024. – Constitute an arbitration tribunal within two months of delivery of the notice of arbitration. At this stage Panthera’s claim for damages has not been quantified. We would expect an announcement on this subject in early 2024 at the commencement of the arbitration process. ... Share price catalysts We see plenty of scope for influential news flow and share price catalysts in the months ahead as follows: – Delivery of a notice of dispute concerning Bhukia to the Government of India over the balance of 2023. – Delivery of a notice of arbitration to the Government of India in Q1 2024. Simultaneously there may be an announcement on the claim for damages visa-vis Bhukia. This is likely to be the most influential development for the share price in the coming months. – An announcement concerning the completion of DFR’s 10,000m Cascades drilling programme possibly in Q1 2024. – An upgrade of the Cascades resource base possibly during 2024 following the current drilling programme. This could potentially be a prelude to a PFS. | someuwin | |
27/1/2024 19:17 | Normally calendar, but I am confused by the last one since the GoI should have 6 months from the NoD to the arbitration announcement. So I don't see how the arbitration can be in Q1 calendar. But Q1 financial seems to line up better. I'll ask the company | edhellas | |
27/1/2024 18:43 | Does anyone actually know if pats rns info are calendar year or financial year? | punting | |
22/1/2024 22:12 | I should have added, given we have circa 10 million quid no win no fee, my personal opinion is GoI will do a deal with PAT, before it gets as far as the international court.Next few weeks/months this time we will definitely find out, the waiting game will soon be over IMHO. | punting | |
22/1/2024 09:49 | I think at least 2 yrs for judgement unfortunately. But I think the share price will go up a % of the claim..8 to 20% of the amount. But who knows! | punting | |
22/1/2024 08:33 | Once submitted, what's the likely timeline for the arbitration to take place and a judgment to be delivered?TIA | jettyboy | |
20/1/2024 11:20 | Taken from Article 13 (the BIT): "1. Disputes between the Contracting Parties concerning the interpretation or application of this Agreement should, if possible, be settled through friendly consultations and negotiations. 2. If a dispute between the Contracting Parties cannot thus be settled within six months of one Contracting Party receiving a request in writing for such negotiations or consultations, it shall upon the request of either Contracting Party be submitted to an arbitral tribunal. Arbitration proceedings shall be instituted upon notice being given through the diplomatic channel by the Contracting Party instituting such proceedings to the other Contracting Party. " Taken from PATs latest RNS: "Following the delivery of the NoD and in the absence of any meaningful correspondence in relation to this matter from the Government of India or if no amicable settlement is reached, IGPL will subsequently deliver a notice of arbitration to the Government of India. Any such notice of arbitration is anticipated to be delivered to the Government of India in this first quarter of 2024" This means that they have six months starting from January. PATs financial year starts in April, so Q1 for them means April-June, which lines up to the BIT. So we can expect PAT to have their arbitration prepared and submitted in July if things go well. | edhellas | |
19/1/2024 16:44 | A lovely way to end a Friday | jettyboy | |
19/1/2024 16:20 | Maybe something is coming next week judging by today's rise? DYOR | qs99 | |
18/1/2024 19:31 | They'll drag it out as much as possible. Fortunately, there are limits in the BIT. | edhellas |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions