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PAT Panthera Resources Plc

7.25
0.00 (0.00%)
24 Dec 2024 - Closed
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 7.25 972 08:00:00
Bid Price Offer Price High Price Low Price Open Price
7.00 7.50 7.31 7.25 7.25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores USD USD -2.12M USD -0.0109 -6.65 14.15M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:21:03 O 722 7.50 GBX

Panthera Resources (PAT) Latest News (1)

Panthera Resources (PAT) Discussions and Chat

Panthera Resources Forums and Chat

Date Time Title Posts
24/12/202400:31Panthera Resources - Multi-Moz Gold Explorer in India & West Africa1,149
23/8/201909:20Panthera Resources804
24/6/201909:16Chart Patterns4

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Panthera Resources (PAT) Most Recent Trades

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Panthera Resources (PAT) Top Chat Posts

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Posted at 26/12/2024 08:20 by Panthera Resources Daily Update
Panthera Resources Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker PAT. The last closing price for Panthera Resources was 7.25p.
Panthera Resources currently has 195,110,000 shares in issue. The market capitalisation of Panthera Resources is £14,145,475.
Panthera Resources has a price to earnings ratio (PE ratio) of -6.65.
This morning PAT shares opened at 7.25p
Posted at 09/12/2024 14:53 by dafad
40p price tsrget by vsa according to Shar...p
Posted at 15/10/2024 07:50 by gallamar
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
Posted at 08/10/2024 09:33 by blakesmith
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
Posted at 17/9/2024 15:45 by gallamar
The drill was slower so I think everything just gets pushed back.

Focus now is on the SOC and in my mind how we publicise it.

If we stick an rns with title statement of claim most will ignore it. It we write, announcement of 1.5bn claim everyone reads it.

I think the most important thing now is how we release the big info, rather than if it is 1bn or 1.5bn.

We need to state clearly the implied probability is nuts. Visually show past lcm cases like greenx and indiana so people see the value created by these investments. You can discuss it on a video but showing a graph with over 400pct share price gain is the attention grabber
Posted at 29/7/2024 10:05 by 74tom
Likely 4+ years away from any decision.

PAT is an interesting special situation, however there is one glaring problem and that is the cash position.

They've raised twice in the last 7 months; £900k December 2023 at 5p and then a similar amount last month at 5.5p. Neither of these placings was offered to retail investors, instead they appear to go to spivs who then sell them into spikes like todays.

That's the reason shares are where they are and unless they can raise more than £1m per placing then the cycle will continue to repeat.

After all, if you'd put £100k into the placing last month at 5.5p why wouldn't you want to recover some of your stake at 7.5p?

Don't be exit liquidity for the spivs, wait for it to fall back...
Posted at 26/6/2024 10:27 by qs99
So estimate is $17bn value, vs £11m market cap for PAT.

Again, surely Rajasthan and Indian government, would be better off just paying PAT to go away? Let alone if they do have valid rights as that could end up costing them billions

Views?

DYOR
Posted at 26/6/2024 07:25 by qs99
Can't understand why the govt of India don't just chuck PAT £100m to go away given size of the gold deposit etc....surely a nuisance AND just means its reputation as a rule of law/safe place to do business is just tarnished? DYOR
Posted at 17/3/2024 14:57 by edhellas
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.
Posted at 27/1/2024 19:25 by someuwin
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’; in relation to the dispute or an amicable settlement. Near-term, there are three stages in initiating proceedings as follows:

– 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.
Posted at 04/9/2023 18:17 by edhellas
To be honest I was hoping we'd have a higher share price off the LCM news, bit disapointed in just 9.15p. IMO we're in a much stronger position than December 2020 when the share price peaked around 33p. As Mark said, we're currently trading at a signficant discount.

Hopefully we'll get some whiff of a deal or BIT engagement in the court case next week. I suspect if we go the BIT route, an announcement of the compensation claim will weigh heavily on the share price

My only concern with the BIT is whether we can claim for the 6.7moz that the govt. claimed the land has, or if we must claim the 1.74moz that PAT uncovered
Panthera Resources share price data is direct from the London Stock Exchange

Panthera Resources Frequently Asked Questions (FAQ)

What is the current Panthera Resources share price?
The current share price of Panthera Resources is 7.25p
How many Panthera Resources shares are in issue?
Panthera Resources has 195,110,000 shares in issue
What is the market cap of Panthera Resources?
The market capitalisation of Panthera Resources is GBP 14.15M
What is the 1 year trading range for Panthera Resources share price?
Panthera Resources has traded in the range of 4.75p to 8.90p during the past year
What is the PE ratio of Panthera Resources?
The price to earnings ratio of Panthera Resources is -6.65
What is the reporting currency for Panthera Resources?
Panthera Resources reports financial results in USD
What is the latest annual profit for Panthera Resources?
The latest annual profit of Panthera Resources is USD -2.12M
What is the registered address of Panthera Resources?
The registered address for Panthera Resources is SALISBURY HOUSE, LONDON WALL, LONDON, EC2M 5PS
What is the Panthera Resources website address?
The website address for Panthera Resources is www.pantheraresources.com
Which industry sector does Panthera Resources operate in?
Panthera Resources operates in the GOLD ORES sector