Member Info for ejt7777

Yup. Wouldn't it be lovely if Panthera told us where they were in relation to their planned programme of works this year so far, and what the rest of 2021 is going to look like?

Radio silence is fine when no news updates are expected, but given that we are now overdue on at least a couple of projects there's little wonder that there's no interest or sentiment in this share (beyond those of us who are invested) at the moment.

PAT has lots of potential - that's unquestionable - but the radio silence this past two months compared to the preceding 6 months has been uncharacteristic. That's what's giving people the jitters, and combined with the lack of news/interest has caused the share price to drift around. A quick "hi guys, we're still here and plugging away - we'll be in a position to update you further in X weeks" from Mark wouldn't go amiss.

I'm going to gauge where we are by the end of the summer, in terms of both comms and delivery, and take things from there.

Agreed. No action on twitter since the end of March, and likewise no news updates to the website (which has also gone down a couple of times) since mid-March either.

I appreciate that gold exploration is not the fastest-moving business, but equally I believe we are now overdue news on the drill rig arriving at Labola, at the very least (the last tweet from @PantheraPlc stated: "A quick heads up, as soon as the drill rig is on-site at Labola, we will advise our investors").

It would be nice to get an update, even if it were to announce delay(s), to provide some signs of life in the company.

Agreed. Last twitter update was on 30/3 - at the very least it would be good to understand what the status is regarding the drill rig at Labola to manage expectations

Helium One (HE1) is an interesting company. They commence drilling in Tanzania in about a month, share price on the rise in anticipation of drilling, good team and the government supportive. Helium is a commodity where demand is outstripping supply at the moment, and prices for helium are on the rise accordingly.

Hannam & Partners did some analysis, which is available via the HE1 website - worth a look.

I assure you its not me, either!

Roll on Labola.

A lull with no immediate news to excite the traders. Let's get that rig in the ground at Labola to start the clock ticking for good news!

I believe the tweet from Orosur 2 hours ago was simply re-stating the results from the RNS on 22/02 - drill holes MAP-073 to MAP-076, and have not seen any new results.

The General Meeting is on 22nd April, but the RNS states: "At this time, the Directors have no current intention of exercising either of these authorities (other than to provide for the previously announced share incentives), but consider the authorities appropriate in order to allow the Company limited flexibility to finance business opportunities and capital requirements should the need arise before the next AGM (December 2021)."

Obviously DYOR, but from the RNS I do not interpret this as meaning there will be a dilution on 22nd April, more that the company would like it as a tool to use if needs be.

Panthera sent out a tweet a couple of days ago, stating: "A quick heads up, as soon as the drill rig is on-site at Labola, we will advise our investors."

I'm not in a position to invest more right now, but in my opinion the catalysts for share price change in the short term are:
- Next Bhukia court date 1st April
- New tax year starting

There may be some (even more) downside to the SP following the next court hearing due to market sentiment. However, current prices are pretty attractive, so the ISA allowance refresh in early April may attract buyers then on anticipation of the Labola JORC.

Hi @Inexperienced

Speaking as someone who is currently sitting on an on-paper loss of nearly 50% (22.5p average for me), it's not nice to see this part of my portfolio so far in the red. However, Sre is right. Shares go up and they go down; you only realise a profit or loss from them when you cash in.

IMHO, I believe this share will rise based on the fundamentals underpinning the company. Here are some (non-rampy) factors which lead me to this conclusion:

Allenby Capital's per share valuation of 28.8p, published on 10th March, was based on current prospects in W Africa and excluded the Bhukia Prospecting Licence. Nothing has changed since 10th March which would change their per share valuation.

We are 8.5 trading days away from the end of Q1, and know that Labola's JORC is due in Q2. This will provide upside to the current share price - we just don't know by how much yet (I'm not speculating by how much - I did say it was non-rampy!).

The 8 high-priority drill targets at Kalaka have been identified, and are due to be drilled in H2 2021. These have been identified based on IP survey results, thus de-risking the drilling campaign so far as possible. MB appeared very excited about this prospect in the recent interviews on 11th and 16th March - take a look back at Prof's analysis a few days ago on this.

While I would like my investment here to be comfortably in profit (as we all would), I'm relatively comfortable at this stage to be sat on my c50% paper loss based on the above. This excludes any other potential W African share-altering news (e.g. Bido).

Hope this helps.

@Ed - Prof is Tyler Durden, and the first rule of PAT Club is: you do not talk about PAT Club ;-)

Stunning article. If that doesn't whet your whistle, I don't know what will!

Just seen this. A 41 page report, with current a per-share valuation of 28.8p.

imac,

Pushed back 4 weeks from 4th March, so April Fool's Day.

Rajasthan High Court website:
https://hcraj.nic.in/cishcraj-jdp/

Select Search Criteria: Party Name
Party Name: metal mining
Status: pending
Search type: exact word search
Pet/Res: both

Click get data (there are 12 records). This case is no. 2 (CW / 13521 / 2018)

Click on the blue case no. and it'll take you into the summary page. Click "Load More Information", scroll to the bottom and then click "Orders and Judgements".

Hope this helps.

"In wake of onslaught of COVID-19, abundant caution is being taken while hearing the matters in court.

"List after four weeks.

"Interim order, if any, to continue till next date."

Link doesn't work for some reason

https://hcraj.nic.in/cishcraj-jdp/pdfjs-dist/web/viewer.php?file=https://hcraj.nic.in/cishcraj-jdp/storefiles/createordjud/206800135212018_12.pdf