Share Name Share Symbol Market Type Share ISIN Share Description
Pathfinder Minerals Plc LSE:PFP London Ordinary Share GB00BYY0JQ23 ORD 0.1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.025 5.88% 0.45 8,357,019 09:43:48
Bid Price Offer Price High Price Low Price Open Price
0.40 0.50 0.45 0.425 0.425
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services -0.65 -0.22 2
Last Trade Time Trade Type Trade Size Trade Price Currency
12:01:53 O 1,529,805 0.425 GBX

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Pathfinder Minerals Daily Update: Pathfinder Minerals Plc is listed in the Real Estate Investment & Services sector of the London Stock Exchange with ticker PFP. The last closing price for Pathfinder Minerals was 0.43p.
Pathfinder Minerals Plc has a 4 week average price of 0.40p and a 12 week average price of 0.40p.
The 1 year high share price is 1.90p while the 1 year low share price is currently 0.38p.
There are currently 360,223,831 shares in issue and the average daily traded volume is 993,475 shares. The market capitalisation of Pathfinder Minerals Plc is £1,621,007.24.
lady_g: Looks like a post on LSE has just called out Richard Jennings at Align for walking away from a bet on Pathfinder Minerals share price. Makes him look like a complete con man - "he’s prepared to cheat his way out of a simple £1000 bet I dread to think what else he’s quite happy to do. Very sad that clearly £1000 means so much to him". I make no judgement, but Oh Dear Richard!!
induna123: It's always good to look for conspiracy theories when the share price goes against your expectations eblitz1 but really it's just people getting fed up and throwing in the towel. Same old same old. 8 years and waiting.... None of us are getting any younger... Jeremy Corbyn has more chance being prime minister than pathfinder getting their hands on this licence.
money monster: Quick O/T You might want to look into HDY :- Offer of $8.75m (rns yesterday after hours) Cash balance of $4.2m Total $12.95m Current mkt cap £5m Share price 6.8p 74m shares in issue Only 20m in the free float Good luck whatever you decide
aimshares: Don't understand why link not working but any way here is the Te was the article PFP Finally clearing the path to riches!By Chris Bailey•07 Jul, 2019Pathfinder Minerals about to sign a deal?Over 7 years ago, an ex director of Pathfinder minerals, General Jacinto Soares Veloso, began a disputever the ownership of thecompany's mining licences. Year on year this situation has failed to result in a favorable outcome for either party, with ongoing legal actions where the Mozambique Courts failed to respect the English Courts and the parties failing to achieve any settlement.It appears things are now about to change, with the efforts of recently appointed CEO John Taylor. John is now focused on assisting Pathfinder in delivering a timely and positive solution to shareholders in what the Board views as a highly opportunistic period to reach a final settlement.Earlier this year, the Board commissioned an independent technical consultant, 2M Mineral Services, to prepare a revised Scoping Study on the Licence which included a revision of the capital and operating costs and pricing assumptions that were presented in the original scoping study report in 2011. This revision resulted in an estimated pre-tax NPV at a 10 per cent discount rate of US$1.05 billion; with projected annual revenues of US$323 million over a mine life of 30 years. This is big money and should a deal be completed, people are talking a share price value of between 6p and 10pRumours last week began to emerge of John being in Mozambique with his team, meeting with the General to finalise this long awaited resolution. The General is reported to be keen to sign.One of the signs that give credence to these rumours is that John received 7,500,000 options which ate subject to resolution of the current dispute between the Company and other parties and the successful restoration to the Company of an interest in mining licence 6323C.Conclusion of this deal has been described as 'transformational' for the company.With one party very recently taking a large, declarable position and John Taylor getting options for success, I think Pathfinder may well have at last, cleared a way and found their path!All eyes on an RNS confirming the deal done. Expecting the share price to start moving North as more little snippets are revealed.*Pathfinder Minerals is a natural resources company seeking to mine heavy mineral sands in Mozambique.Pathfinder Minerals' licences (the ownership of which is currently disputed) cover approximately 32,000 hectares of land on the Indian Ocean coast of the Zambezia province of Mozambique, known to contain the heavy minerals, ilmenite, rutile and zircon.The heavy minerals of ilmenite, rutile and zircon are used in the manufacture of a wide range of products across a number of industrial sectors. Ilmenite and rutile are used as feedstocks to produce titanium dioxide pigment.Ilmenite is widely used in the production of paint, paper, plastic, textiles, rubber and pharmaceutical products.Rutile and beneficiated ilmenite are the main raw materials used to make titanium metal.Zircon is used in chemical manufacture and a wide range of ceramic products.
mortimer7: Holdings RNS just out.....
bigalan3: Excellent chat with Zak. Very positive for the share price going forward.
noirua: The Board is evaluating multiple transaction structures, taking into account commercial and regulatory factors, through which the Company could hold its interest in the Licence and deliver value for shareholders. While the optimal structure of the Proposed Transaction remains under evaluation, the Board is pleased to relay that the principle of a Proposed Transaction has been agreed between Pathfinder and General Jacinto Veloso who, with his family interests, is a 50 per cent shareholder in the entity to which the Licence is currently registered. In parallel, the Board is evaluating, and is in active discussions with regards to, potential funding strategies (including both partnerships and debt provision) to facilitate the Proposed Transaction and finance subsequent development of the Licence. The Board's objective is to deliver meaningful value to current shareholders and minimise future dilution. Further updates will be provided as and when appropriate. The Board commissioned an independent technical consultant, 2M Mineral Services Limited, to prepare a revised Scoping Study on the Licence (the "2019 Report"), which includes a revision of the capital and operating costs and pricing assumptions that were presented in the URS/Scott Wilson 2011 scoping study report (the "2011 Report"). This revision has resulted in an estimated pre-tax net present value ("NPV") at a 10 per cent discount rate of US$1.05 billion; with projected annual revenues of US$323 million over a mine life of 30 years. The project internal rate of return ("IRR") is expected to be approximately 25 per cent. The revised findings represent a near doubling of the previously reported equivalent NPV and an increase of 6.1 per cent in the project IRR. A summary of the key differences in scoping study outcomes between the 2011 Report and the 2019 Report is set out below.
stevie050: As we all know this was shamelessly P&D'd !! But now the dust has settled I think the news is very positive and there is much potential here. Would be great for the share price to settle (maybe even a little higher than current), and see where the next news takes the company.
timw3: RICHIEBOY666 Posts: 991 Opinion: No Opinion Price: 2.25 RE: CLARITYToday 21:12You did indeed Madchatter and it illustrates v starkly the magnitude of the prize at hand. Do I believe that PFP will be there receiving these revenues at that stage? No. I believe the asset/the co will be sold on long before then. This is another key line from our post today per here - hxxp:// "We can foresee a scenario in which the company ends up with 30-50% of the asset as a free carry through inviting de facto farm ins. Set against a market cap of just £6m, under almost any scenario this looks woefully out of kilter with a risk weighted adjustment. Of course, Kenmare is the elephant in the room ref their adjacent operations and industry talk is that they need to do a deal in addressing their share price decline. PFP owning the licence outright again would, we posit, be a perfect fit in this scenario and we for one would happily take Kenmare’s paper." The light bulb will go on in the market tomorrow imo.
lady_g: Current share price is 1p, so your comment "Should the Board of PFP announce a deal we would not be surprised to see a doubling or trebling of the stock price on such news " makes it 2p or 3p. Not a very high prediction, hence my comments.
Pathfinder Minerals share price data is direct from the London Stock Exchange
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