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I suspect as we get closer to positive updates and significant factors that could really start to raise the share price, the good old MM's will be pulling every trick out of the book to try to scare people out of their shares in order to sell them back again at a much higher price. Hold for gold as the saying goes! GLA
Thanks again Gall, always the voice of reason and keeping expectations real! Best wishes HP.
Thanks Gall. Think a read it on here somewhere a while ago from one of our other well researched posters that value in the ground itself normally equates to 10% of current gold selling price. A todays price of just under $2,390 an ounce, would I be right in thinking this works out overall at around 1.65 billion usd based on that 7.3mn oz's? That is also not considering the value of the copper and other potential minerals there that all give additional value, maybe up to something around 2 billion usd?
Thank you very much Gallmat for your informed response. I am sure everyone on this forum appreciates your input and lets hope we all get handsomely rewarded here, whether it takes a few months or a couple of years.
I had a quick look at them on this site if GRX is them? I could not see any outcome or reference to a settlement and their current share price would indicate that no such settlement has taken place yet? Interested to know what our more researched and informed posters can add with regards to current situation with their legal case? Many thanks.
Hi Andii, unfortunately that is a different company and nothing to do with us being Panthera, not Panther. Got excited for a minute then that there was some sort of update from our CEO.
Every trade being shown as a sell when just yesterday the trades for 10,614 and 12,911 shares were 100% buys despite being show as sells, as both were mine. Having a small top up each month now as funds allow in expectation of some exciting developments over the next few months. GLA.
Almost as if they know something big is coming soon ejt and are doing their best to scare others out of their shares now in order to sell them back to them at a much higher price. Hold for gold perhaps has never been so apt on this occasion. Good luck to all holders.
Thank you very much Gallmat. No doubt we all expected as did you that he could not give away anything price sensitive but given the balanced viewpoints you have presented on PAT from the offset, your very upbeat tone following your chat with him should give us all great confidence that our patience will be well rewarded. Good luck to all holders and you never know, this time next year, we could all be millionaires! LOL.
Interesting find Gallmat. Looking at the dates of those article though last year, I am sure someone else posted up earlier this year that the old Government were voted out and a new PM etc. was appointed who vowed to change things for the greater good of the country.
Happy to be corrected if I imagined reading about this on here, but if it is the case, and a new PM is now in power, be nice to hope (dream) that first act of proving change is providing a settlement to PAT and not drawing this out into a long winded process.
Thanks for the balanced viewpoints Gall. If the claim amount does prove to be $1.2 billion then 40% of that comes out at 480 million. Less 15% of that to LCM / Faskins plus another 5 % off to cover any other fees, options etc. leaves $384 million in the bank. Based on 180 million shares allowing for further shares in leu of salaries, fees etc. comes out at $2.13 a share. Doubt any of us would refuse that for a fast settlement that does not end up being dragged out for years. Realize fully that not all that would come back to shareholders but even a special dividend of 50% of that with the rest left in for future project developments is not to be sniffed at.
Thank you very much for posting up all your work ShearClass. Very informative and reminds me of the Paddy days with Greatland Gold. Oh if only we had listened to him and not sold out way too early!
Seems to be the usual games of the MM's in dropping the price on tiny volumes of sales yet not boosting it when larger purchases are made. Anyone would swear they know more than they are letting on and trying to gather as many cheap shares as possible in preparation to make huge profits selling them back at a much higher price. Patience will be rewarded greatly this time around. Good luck to all holders and Happy New Year.
Hi PK, I have not checked but if PAT's financial year starts in April then Q4 covers January to March 2024 so we all may have to be patient for a little longer yet. Good luck to all holders. HP
Https://timesofindia.indiatimes.com/city/jaipur/state-plans-to-auction-gold-mines/articleshow/104057087.cms?from=mdr
Is this the link Prof?
Unless I am missing something it does not appear as if this site has posted Friday's RNS that came out about 10 minutes before the markets closed to this page? Anyone know why please? Many thanks.
@Bahriaheights he actually has £1.3 million of his own money now invested in this so regardless of his other finances, this is far from chump change.
Thank you very much for the continued updates and informed, rational comebacks Munch.
None of us know for sure which way this will go but at least you are doing your best to keep things positive and backing this up without resorting to almost bi polar outbursts and insults towards thousands of 911 victims and their families etc. Wolf really has done him, her, they, themselves, fishthems (well you never know these days, ha ha) no favors at all of late with those disgusting posts but so be it.
Best wishes to everyone and no matter what happens, the first thing to be grateful for every day is simply waking up to be able to live another day. HP
Seem to be picking up a change of vibe from you lately Mr Wolf. Does this mean you have now become poacher turned game keeper? Great if so and very nice to read some informative posts coming through from you. Best wishes HP.
Been worried in the past by other company CEO's who talk the talk, but such talk then becomes damp air. They have had nothing to loose though as often have barely had a few thousand pounds of their own money with token share ownership gestures in play.
Difference here is JA now has 1.25 million pounds (not shares) of his own money in this which is a lot for him to loose if he is just stringing us all along. Even some of the sceptics on here have acknowledged how honest JA has been over the years so positive news will arrive when it arrives. When it does though, be prepared for some major rewards for keeping the faith and huge long term growth in share price.