The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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I see we are now sharing our Ceo with another company :-/
“…we have turned assets into £4m worth of value. There are multiple ways to lock in additional value for shareholders. We are not raising capital at these levels…”
https://total-market-solutions.com/2023/02/panther-metals-plc-feb-2023/
Agreed but Darren needs to pull his finger out and find some commercial Ni, Cu, Au, PGM
Our value in Fulcrum and Panther (AUS) (PNT) does actually now exceed our £4m market cap.......so yes....I guess our other projects are indeed a totally free carry.....for sure.
We should easily be trading minimum 6p at this stage!
Valentines Day.. All being well a Value to PALM of £1.745m plus PNET on the ASX ... 36.66%
Obonga ... and all the drilling to date is valued at sweet FA...
Upside here for sure
ATB
Around 1 month of the heavy winter left, probably a good time to announce a drilling programme set to commence mid March onwards
Apparently at the start of last year we had lots of options for funding and people approaching Darren, as mentioned in interviews as I seem to remember but we ended up with a trousers down raising.
I remember Chf saying they had all these other options for funding in Canada. Has anyone looked at Chf recently.
Hopefully we can make a deal with one of our licenses.
That's a little misleading to be fair. What it should highlight is no placing 'YET'.
If you asked the question will there be a placing in the next 6-9mths you would get a very different answer.
I am more concerned about how he intends to get the sp up to a much more palatable level before he goes cap in hand again to the money men.
Do you have a link to this. Cheers
Did you hear PALM CEO Darren on Doc Holidays "spaces" chat yesterday? He couldn't be any clearer. Actually sounds like the Company have some very exciting options in the offering...
Dotted looks like an extension project to FCM's West Pickle and there's potentially a second mineralisation overlap in the south. The only thing with these explorers is nobody has cash for acquisitions so its all paper deals. I'm beginning to wonder if we wouldn't be better off reversing the whole of Panther into FCM if they could get to c10p paper deal, could be a win win all round.
I’ll be amazed if the graphite thing is anything other than a complete non-starter. Graphite projects need to be measured in the tens of millions of tons.
IMO the nickel target at Dotted is now the best PALM target by some distance, and I’d be tempted to whack a quick couple of holes in there with current funds (if sufficient)
Otter Tooth and Silver Rim JP.
I am not sure what we have atm apart from 2 vms as much as Darren appears to be crowing about them and moaning about the market reaction.
One has to wonder where and how we are going to get that amount of money to drill without serious dilution.
He's got to step up to the plate with something and quickly.
Do we think there's much in Obonga? not seen much evidence so far.
The area around Awkward & the lake has been explored for the last 50 years. Lianne thought there might be a Ni/PGM conduit but it turned out to be nothing. Would you rather have a ton of graphite or a ton Ni?
Wishbone exploration has been hit & miss, mostly miss. There's zinc but nobody's getting excited, can't see BHP knocking on the door.
Survey no information from recent drill apart from its a VMS.
That leaves Ottertooth to be drilled amongst the priority targets.
PALM have an obligation to drill another c5500-6000m in the next 18 months which is fine if they find a high grade/valuable target. PALM has limited funding and I'm wondering if Obonga is the right horse to back?
Exactly my thoughts Metalhead. One thing is for sure, Darren needs to up his game from last year by a helluva lot because last year was woeful for many reasons. But I am sure he will have learnt a lot of lessons.
Agreed Metalhead.. The next steps are going to be crucial.
Darren meeting the indigenous communities 90% of the Green stone belt @ Obonga.
Be nice the get FMETS listing over the line .. Big Bear had some mega soil samples....
I do think PALM has legs....
ATB
The good thing right at this moment is that the balance sheet is fairly well underpinned by PNT and hopefully FMET. However, PNT will need to raise money soon (they announced a failed attempt some time last year as I recall) and FMET’s listing is currently an unknown quantity (how much will they raise at what valuation). We also need to see what PALM will do about funding now, as a standard raise is clearly not going to be attractive. I suspect Darren will try to raise some money on an option/earn in arrangement at Dotted. We’ll see
Now that JPM is very debateable.
I am with Ian on this and a true believer Palm over the next few years will be a mega investment.
ATB
What an idiot , more money than sense.
Nice one Ian ..shows a lot of confidence...averaging down with nearly 4.8m shares...
One hell of a pay day for you if Panther comes good...
Well we know it has too from here...
Canada really has little value... accredited to the balance sheet...
This is where the big money is made....
ATB
BCB: Panther Ltd has a nickel resource, in a completely league to PALM. First Class Metals has nickel, again in a different league.
DYOR but the risk profile of either company is superior to PALM.
Well yes JP, Darren back Canada instead of Australia. I wonder what was instrumental in making that choice?
I don't think it is a lifestyle company though.
That made me laugh JP... :) I have a couple of million of these shares... :)
Good job I don't need the money....
Seriously tempted to average down big style now...
Going to ponder on the pipe.... without the lady geologists...
Will send a few smoke signals to to Canada...or Hack the Chinese Balloon that is over Thunder Bay as we speak....
Looking for minerals... comprehensive mag fly survey :)
Scattergun approach
Opaque geology and drilling campaigns
Limited accountability
Backed the wrong horses
Looks like a lifestyle company for those wishing to smoke the First Nation's dope pipes and frolic around the woods with lady geologists.