Panthera Resources Share Discussion Threads

[punting] 26/3/2024 21:07

I reckon a black trade will pop up tomorrow

[gallamar] 26/3/2024 20:40

3k is a tiny amount. But i do expect a placing in next 3 months.

When the news hits it will not matter so much but in medium term it is critical

[punting] 26/3/2024 19:34

Looks like a big sell at end of play today...most likely placing shares taking their 20% gain. Mm's will know soon they will make a few quid on them when news drops

[gallamar] 26/3/2024 13:09

Personally i think the license will not come. India will take the asset and settle for a decent pecentage of value.

They make money selling for x and giving us say 40pct.

No point them risking a big cliff edge IMO

I think this is a semi long play
The key think is not to dilute as time passes.

[punting] 26/3/2024 11:53

I bought here for the long run, either licence or BIT, I suppose mining would have taken similar time to bit process!However I do feel there still might be a deal to be done with the G o India..but who knows..dilution would not be a problem then.

[gallamar] 26/3/2024 09:26

Best example.
De grey. Around 10m oz. Shallow pit. Based in australia. They also have exploration upside.

Valued over 1bn gbp. But they have performed better drilling. Are in australia ( which is huge). Grade is lower but when we drill more ours could fall a bit (easily).

I would not get massively excited qbout over $750m to $1bn.

The biggest thing is dilution here not valuation.if we raise 2m gbp at silly price, reduce the value of claim by little under 20%.

I think this is the biggest shareholder issue not the valuation.

[gallamar] 26/3/2024 08:54

I think 1billion is fine.

Broker will be being spoon fed probably from company.

Other companies have better defined resources ( more drilling)

[punting] 26/3/2024 07:06

I just thought..times of India mention $1 billion say 7 million oz of gold ..that's $143 per oz seems a bit low?

[punting] 25/3/2024 19:45

Thanks..how do they value the claim per oz ...at a % of spot back dated to first court date or % of current price?...I think they can also claim interest and so on which I reckon is pretty much unknown...more interested in how/what claim per oz.

[punting] 25/3/2024 17:16

News on the claim this side or the other side of Easter?..MB did say 1st qtr.

[edhellas] 22/3/2024 22:07

The share that's 99.99% down? Sure

[riskyinvestor] 22/3/2024 10:49

Tower Resources (TRP) is the Stock to be in

[gallamar] 21/3/2024 11:22

Just finished an over 1hr long chat with CEO.

He really has a great skillset, finance, mine valuation and dispute resolution.

The interview with zak was good but this chat was so much better.

I noted gently about an update being implied by an RNS. But i did not push beyond that.

My main takeaway is that he understands the mindset of investors in pat.l. which is critically important

[punting] 21/3/2024 08:24

I actually asked gemini google for a link...and it gave me a link to a gov of I website and easy as that

[punting] 20/3/2024 10:47

Managed to download what was titled the auction catalogue from Gov website..nothing in it except Auction time will be 11am to 14.00pm.

[gallamar] 19/3/2024 19:21

Having a chat with mark on thursday. Also to ceo and cfo of lcm on same day.

[edhellas] 18/3/2024 09:35

I've never noticed the thumbs up/down on this forum before

[punting] 17/3/2024 20:20

Somebody giving thumbs down...so what did pat float at ?

[punting] 17/3/2024 19:44

Look at very first rns...maybe my maths is wrong not sure but 20p is correct

[punting] 17/3/2024 15:25

Sorry..floated at 20p with 62 million shares from the off...

[punting] 17/3/2024 15:24

Didn't pat floated at 20p?

[edhellas] 17/3/2024 14:57

None of that makes much sense to me.I don't recall PAT staying at 20p for long.

If you're saying the number of shares has increased by 185%, then you'd take 20p and divide by 2.85, to get 7p, which is around the current share price

A 8% return on 7p over 5 years would be 10.28p, which is nothing.

I don't see where the £1.3b comes from either? They've hinted two or three times now that the claim amount will be around $500-1000m, which is (at current rates) £392.7-795m

Current market cap is £11.47m ($14.6m). 1.46-2.92% of the hinted claim amount.

Assuming we follow a similar trajectory to Green, we could see 5-20% of the claim amount over the next few years. Plus West Africa assets.

[punting] 17/3/2024 14:19

Pat floated at around 20p..with dilution of 185% ..ie 62 million shares at listing v 176 million now.20p plus 185% = 57p...Institutions let's say looking for 8% pa return over about 5 yrs = 84pSkimming through rns list, no major tr1 sells.Will institutions & pi soon see a return as above?...basic maths...to me it looks like Mk cap of around £147 mill made up of £12 mill current & 10% of a claim of £1.3 billion...