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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
  -0.25 -1.85% 13.25 804,087 12:00:57
Bid Price Offer Price High Price Low Price Open Price
12.50 14.00 14.00 13.00 14.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining -0.91 -0.81 11
Last Trade Time Trade Type Trade Size Trade Price Currency
13:31:54 O 20,000 12.55 GBX

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Date Time Title Posts
27/10/202008:14Panthera Resources - Multi-Moz Gold Explorer in India & West Africa582
23/8/201909:20Panthera Resources804
24/6/201909:16Chart Patterns4

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Panthera Resources (PAT) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:31:5612.5520,0002,510.00O
13:00:4612.52100,00012,520.00O
12:41:3513.807,203994.01O
12:35:0413.805,304731.95O
12:26:0613.803,985549.93O
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Panthera Resources (PAT) Top Chat Posts

DateSubject
27/10/2020
08:20
Panthera Resources Daily Update: Panthera Resources Plc is listed in the Mining sector of the London Stock Exchange with ticker PAT. The last closing price for Panthera Resources was 13.50p.
Panthera Resources Plc has a 4 week average price of 4.75p and a 12 week average price of 4.40p.
The 1 year high share price is 20p while the 1 year low share price is currently 4.40p.
There are currently 84,984,410 shares in issue and the average daily traded volume is 3,770,311 shares. The market capitalisation of Panthera Resources Plc is £11,260,434.33.
26/10/2020
17:11
qs99: Interesting interview. not the most dynamic CEO, but did talk in a very upbeat way about PAT DYOR
23/10/2020
10:17
qs99: Still plenty of stock around though, so will need those "knowing" people to buy back in then, so let's see what the price does..... DYOR and GLA
20/10/2020
09:31
qs99: well 5p-20p is decent demand driving that for one. Likewise still being bid over the price shown, DYOR, yes take profits if you've done well, but am fascinated to know what has driven this rise!
19/10/2020
09:36
livewireplus: ... I have noticed ... holding for about a year or so ... them a couple of top-ups on price dips ... :-) ... infortunately it seems that 'moneymunch' who was an avid 'supporter' of this stock before when it definitely was off-radar isn't around on this board anymore ... so perhaps he hasn't noticed ... :-(
16/10/2020
15:21
livewireplus: Indeed. Republic Investment Management paid 20p / share in 2017 - so about a 200% rise required to get back to that price ... timeline for that ?
06/10/2020
07:25
fillipe: Bido licence award RNS today. https://www.investegate.co.uk/panthera-resources--pat-/rns/bido-licence-award/202010060700062095B/ There is also a link to an excellent summary of the company. f
17/1/2020
10:50
moneymunch: Get real mate, I have never shorted any stock...I try to get in early, and then highlight the upside potential as the share price rises, PAT was the best performing share H1 2019, and is still up c200% despite the delays since I first bought in. I've taken plenty out during that time when it was evident that the continuing delays would have a negative impact on sp, although I did have a £3k top up yesterday, just incase good news from Rajasthan High Court finally arrives...watch this space!!! :-)
12/11/2019
07:04
moneymunch: Panthera Resources Rajasthan Writ Reply and RIM Financing RNS Number : 0389T Panthera Resources PLC 12 November 2019 Panthera Resources Plc ("Panthera" or "the Company") Rajasthan Writ Reply Filed and RIM Financing Complete Panthera Resources plc (AIM: PAT), the gold exploration and development company with assets in India and West Africa, is pleased to announce that the Government of Rajasthan (GoR) has finally filed its reply to the Writ petition filed by Metal Mines India Pvt. Ltd (MMI) on behalf of the Bhukia Joint Venture (Bhukia JV). Additionally, Panthera has received the final tranche of its recently announced £500,000 financing from Republic Investment Management (RIM). Highlights · The GoR has finally filed its reply to the Bhukia JV's Writ Petition that was lodged in September 2018 bringing another government delay to an end. · The GoR's reply raised no new matters and again relies on three weak arguments that have been repeatedly raised and previously rebuffed by multiple tribunals, committees and courts of India. · Panthera will now prepare a rejoinder to the reply, which we anticipate will be lodged later this week, following which the matter will be up for final hearing and issuance of a judgement. · While we are optimistic of a near term date for a final hearing, the current overloaded state of the Rajasthan High Court (Court) necessitates caution in setting expectations regarding a final resolution date. · In other positive news, Panthera has received the final £100,000 of the recently announced £500,000 financing which was negotiated with Republic Investment Management (RIM) and priced at £0.10 per share. Geoff Stanley, Managing Director said "We welcome the response from the GoR even though they are putting forward redundant, previously rebuffed arguments, as it finally allows the Company to file for a final hearing and bring this matter to a conclusion. With the way now clear for a final resolution to the permitting of the Bhukia project we are optimistic that exploration will soon recommence, and the 6.7 million ounces gold resource calculated by the Geological Survey of India (GSI) can be drill-confirmed and brought into alignment with the requirements for JORC and 43-101 compliance. The completion of the RIM financing will assist in maintaining a prudent balance sheet. " Writ Petition Reply The GoR has filed its long overdue reply to the Writ Petition filed with the Court by our JV partner, MMI. It is a disturbing fact that the reply took over a year from the filing of the writ petition and almost six months after the Court ordered the response to be submitted within four weeks. The GoR has now also filed an application to vacate the prevailing Stay Order, passed in the JV's favour, preventing the GoR from dealing with the area covered by our Prospecting License (PL) application. This Stay Order was granted by the Court to specifically protect the JV's rights until the matter was resolved, and the Company following legal advice see no reason why it would not remain until such time. Not surprisingly, after 11 years of ongoing delays, no fresh arguments have been introduced by the GoR in its reply. It simply reiterates the same three points made many times previously. These are: 1. Metal Mining India Pvt Ltd (MMI) did not qualify under Section 10A(2)(b) of the Mining Act amended in January 2015. Panthera Comment: Section 10A(2)(b) provided an exception to the rule requiring all resources to be granted via an auction process and protected the rights of those who had carried out reconnaissance work prior to the 2015 amendment. This argument by the GoR has absolutely no basis, as the Directorate of Mines and Geology, Rajasthan, (DMG); Mines Department, Government of India; and the Joint Committee comprising of the DMG, Indian Bureau of Mines (IBM) and the GSI have all found that our PL application satisfied all conditions necessary to be saved under Section 10A(2)(b). 2. The PL area was not free at the time of the grant of the initial Reconnaissance Permit (RP) in 2004, thus MMI doesn't have preferential rights for the grant of the PL. Panthera Comment: This argument is again baseless as the area in question was declared free by the GoR's own notifications prior to the execution of the RP in favour of MMI. 3. The RP was granted in favour of Metal Mining India Limited and the PL was applied for in the name of Metal Mining India Private Limited Limited and the change of name represents a change of entity and hence an illegal transfer of ownership occurred. Panthera Comment: This argument is again baseless, as is laid out with absolute clarity in the Indian Companies Act of 2013, by simply changing the name of a company or the structure of a company, the identity of a company does not change. The GoR was informed of the change in the name of MMI and there is long history of communication from the GoR acknowledging this change. Thus, this argument too lacks substance. Panthera is now in the process of preparing a detailed rejoinder to the reply, which will again counter the points raised by the GoR. Once the rejoinder is filed in court, all pleadings will be complete and on record. The Writ Petition can then be put up for final hearing and issuance of judgement. RIM Funding Further to the announcement of 23 October 2019, the final £100,000 tranche of the recently announced £500,000 financing has been received. Application will be made to the London Stock Exchange for 1,300,000 new Ordinary Shares to be admitted to trading on the AIM market with admission expected to occur on or around 18 November 2019 (Admission). This includes the settlement of £30,000 (300,000 new Ordinary Shares) previously received from RIM which the Company were waiting to settle pending receipt of the full £130,000 split tranche amount. The £500,000 financing was priced at £0.10 per share and was made possible by the renegotiation of Tranche 3 of the 3-stage financing agreement between RIM and Panthera. The remaining £1,000,000 of the Tranche 3 RIM financing, combined with the US$750,000 committed through the Galaxy Gold transaction, will provide approximately A$2.6m (US$1.8m) at the appropriate time to begin drilling out Bhukia's 6.7Moz exploration target as defined by the GSI. For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules ("DTRs"), the issued Ordinary Share capital of Panthera following Admission will consist of 75,210,751 Ordinary Shares with voting rights attached (one vote per share). There are no shares held in treasury. This total voting rights figure may be used by shareholders as the denominator for the calculation by which they will determine whether they are required to notify their interest in, or a change to their interest in, Panthera under the DTRs.
30/7/2019
14:18
moneymunch: The only brokers note that I'm aware of , is the following that was released in February 2019..." Considerable " added value. Gl:-) Ps Confirmation of Permit approval will see the share price rise signicantly imho, and this will be quickly followed by Galaxy's third payment of $750k with the permit in place , and no doubt news of the BSE listing therafter, and then an additional c £1.5m cash from Panthera's strategic investor, Republic Investments, with all approvals in place for the re-commencement of exploration work at Bhukia....and so Panthera's share price will likely to be on a one way trajectory if the permit is awarded, as further material news rolls in on the back of it....Exciting times for those invested. :-) February 2019 RFC AMBRIAN COMMENT: The two-staged US$1.25m purchase values Panthera's remaining 90% interest in IGL at US$11m, a 40% uplift to the company's current market capitalisation of US$8m, which incorporates its share of the Bhukia JV, its three highly prospective west African gold exploration projects and its approximately 15% stake in Anglo Saxony Mining (which is currently advancing a preliminary feasibility study of the Tellerhauser Sn-Zn-In deposit in Saxony, Germany). As noted in its December announcement, Panthera and Galaxy are working closely to negotiate IGL's participation in the listing of Galaxy on the Bombay Stock Exchange (BSE) possibly through a merger to the acquisition by Galaxy. We believe that this, together with the granting of the Bhukia PL have the potential to add considerable value to the company. The company continues to generate encouraging exploration results from its portfolio of gold exploration licenses in West Africa and the first payment under the agreement with Galaxy is a demonstration of the faith that Galaxy have in their ability to help advance the process towards the grant of the PL over the Bhukia project (IGL 70%). This would allow the company to re-commence exploration on the project which has the potential to develop into a large-scale open pit gold mining project and where current JORC compliant resources are 1.7Moz and the company has a target of outlining 6.0Moz of resources. hTtps://www.directorstalkinterviews.com/panthera-resources-potential-to-add-considerable-value-to-the-company-rfc-ambrian/412767673
24/3/2019
07:58
moneymunch: Near term Multi-bag potential on the rightful award of the Bhukia permit license, as well as the prospect of a Bombay Stock exchange listing and Panthera's highly prospective west African gold exploration projects. Galaxy's second $250k payment, expected this week will speak volumes, the strongest indication that ongoing negotiations with Rajasthan's new Government and new mining officials and key administrators are going well...get ready for some serious UPSIDE on confirmation. Gla Holders...Excitement building, Right time, right place...On and UP!!! ;-) 19th Febuary 2019 - Receives first tranche of funding from Galaxy Panthera’s share price increased by 20% yesterday on the announcement that the first $250,000 tranche of investment from Galactic Gold Mines (“Galaxy”;) had been received. This takes the total share price gain since the announcement on 20 December 2018 that Galaxy was a to purchase a 10% stake in Indo Gold Pty Ltd (“IGL”), Panthera’s wholly owned Indian subsidiary, for US$1.25m, to 4.5 times. COMMENT: The two-staged US$1.25m purchase values Panthera’s remaining 90% interest in IGL at US$11m, a 40% uplift to the company’s current market capitalisation of US$8m, which incorporates its share of the Bhukia JV, its three highly prospective west African gold exploration projects and its approximately 15% stake in Anglo Saxony Mining (which is currently advancing a preliminary feasibility study of the Tellerhauser Sn-Zn-In deposit in Saxony, Germany). As noted in its December announcement, Panthera and Galaxy are working closely to negotiate IGL’s participation in the listing of Galaxy on the Bombay Stock Exchange (“BSE”) possibly through a merger to the acquisition by Galaxy. We believe that this, together with the granting of the Bhukia PL have the potential to add considerable value to the company. The company continues to generate encouraging exploration results from its portfolio of gold exploration licenses in West Africa and the first payment under the agreement with Galaxy is a demonstration of the faith that Galaxy have in their ability to help advance the process towards the grant of the PL over the Bhukia project (IGL 70%). This would allow the company to re-commence exploration on the project which has the potential to develop into a large-scale open pit gold mining project and where current JORC compliant resources are 1.7Moz and the company has a target of outlining 6.0Moz of resources. Galaxy earning up to 22% stake in Panthera’s Indian subsidiary in return for US$1.25 million and ongoing support and services to advance the Bhukia JV project in Rajasthan to the construction phase — Galaxy is a private Indian company with Australian management that is backed by an Indian venture capital group, Hunch Ventures. It was formed in 2016 to build a portfolio of interests in the Indian gold sector and it intends to list on the BSE in 2019. Under the terms of the December 2018 agreement, Galaxy agreed to purchase a 10% stake in Panthera's 100% owned subsidiary, Indo Gold Pty Ltd. ("IGL"), for US$1.25m and earn up to a further 12% by providing ongoing support and services to advance the Bhukia JV to the construction phase and work towards Indo Gold’s participation in Galaxy’s listing on the BSE, which the company believes will more strongly align Indian capital and investors with the success of the project and allow greater participation by Indian investors in the success of the Bhukia project. 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). Galactic can also earn up to an additional 12% interest in Indo Gold subject to certain milestones - by providing administrative, legal, permitting and technical support to advance the Bhukia JV project (Indo Gold 70%) in India. Galaxy will earn a further 7.14% interest in IGL at the time that Panthera makes the decision to recommence exploration on the project. Galaxy will earn a further 5% in IGL on a board decision to commence construction at Bhukia. Previous work on at the Bhukia Project by the Geological Survey of India outlined a non-compliant resource containing 6.7Moz of gold at a grade of 2.0 g/t Au, while a limited drill programme by the company outlined a JORC-compliant resource of 1.7Moz of gold at a grade of 1.4 g/t. Mineralisation extends from surface, supporting the view that the project should be able to be developed as a large, bulk-mineable, open-pit operation with a low strip ratio. Metallurgical work to date suggests the gold is non-refractory and that the most appropriate processing route is likely to be flotation followed by regrinding and CIL, with 85-90% recoveries expected.
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