Member Info for Pk73

Https://youtu.be/saKTcEAj3so?si=ngz9peupJfPBlg50

Just out. Not watched it. On a beach.

Been a while since we nudged 22.. hope it’s not a blip and we are starting to see a move back north…

Https://www.reuters.com/world/india/india-raises-import-tariffs-gold-silver-government-order-says-2026-05-12/

Imagine if they had a world class gold reserve ready to dig up?

I’m not worried. The majority has been drawn down anyway.

If they go pop, at this stage we would be able to either go our own way or negotiate with a new company a much better deal since the majority of work is done already… only our next response to go and then a court date… we could equally contract the individuals directly.

If you mean am I worried about the losing streak, two things: 1) I am and have always been confident in our fundamentals, and 2) you can sell before the decision probably at an sp that represents 20+% of the updated (gold price plus accumulated interest) claim value…

I don’t see much room for downside either way. From memory, mark didn’t seem too concerned either when asked previously.

Defo dyor on this one… but I’m certainly clear in my head.

Pk

LIT is taking a battering today. Burford at the start of the week.

Looks like LIT are battening down the hatches until the end of the year when I think they'll be hoping for soem positive news on PAT. Until then they are taking on no new cases. If the SP continues to drop it might be worth a loose change punt and hope they don't close the doors before december.

Either way - as we have discussed before - it shouldn't affect PAT although I woudl query whether they would be able to sell on the the debt to Burford after this week...

PK

A year of trawling through the evidence for due diligence and then a raised guarantee to 13 point something million suggest they rate it at a higher than 60% chance of success to me.

Had a good listen to the Sunday brunch podcast with mark yesterday… as a reminder, you shouldn’t need to wait to decision day if you don’t rate the chances of winning… the sp ‘should’ rise to 20-30% of the claim amount before that… (probs enough for me to take out most and leave in just a few shares).

Also interesting was that the claim value was pieced together by an external company… not PAT and not LCM… and they intend to plug in the gold price at time of award to give a new award amount. Gold was at 3000 at the time the original calc was done and now sits around 4400… ‘a material rise’.

I’ve got powder dry for if we drop to 14….

PK

Yes I agree @ejt7777. I think both our response (which I would argue is nailed on already) and an updated claim well north of 2bn (after tax and before interest) SHOULD be a catalyst for the start of a rerate.

These are AIM games to put doubt in your mind.

For me PAT has always been on this timeline and I always planned to ignore the SP until q4 2026. I’m not a trader, and I’ve never sold a share here since I first bought in 2021. In for the long haul based on fundamentals only.

Vsa capital have issued a new research note, though. Sticking with their 80p valuation.

Can't send a link as mine is behind a paywall but sure youll find it if you google it.

Actually just checked in on the telegram channel. Thx all.

Crossing fingers that the otc sp being 16% up today is the result of the conference rather than just the top of the trading range…

Any news on marks section, chaps?

Pk

I imagine the share price would settle at minus 10-15% of the award amount allowing an exit for people holding now to get outta there.

Some reasonably big trades this arvo… not sure whether they were buys or sells. I suspect a negotiated buy.

Glad to see a little nudge up from 20p.

Anyone got access to L2 to see whether there is any notable action?

Https://www.youtube.com/watch?v=cgL3feke16U

Indaba special from VSA morning miner. Worth a listen all the way through, especially about the comments about the Americans roaming around, and where the money is on the lassonde curve.

Panthera snippet from 8min 50... regarding the Faskens Party where a lot of arbitration lawyers were, and when it was suggested that PAT would be heading much higher this year, none of them disagreed...

Neither do I, for good measure! Not that thats worth anything... PK

Gold is absolutely flying! Another 4% overnight. Now at 5300…

Come SP, pay attention and catch up…

News here due in feb - probably limited to confirmation of India’s response, but at least keeps us on the radar, and another hurdle jumped.

Surely our African assets are becoming more viable by the day..l and every little counts..

Looking forward to feb…

Over the weekend the PoG crossed the $5000 dollar mark.

Just sayin’!

LCM SP is rising today on the back of some good news at GreenX

Https://www.investegate.co.uk/announcement/rns/greenx-metals-limited-npv-di---grx/singapore-court-dismisses-poland-s-set-aside/9344219

This takes LCM off the worry plate here. And also should throw some light onto other arbitration cases which had received a bit of a pounding of late.

Hope this filters down into our SP which is taking a breather at the moment.

GLA. PK

From 17 minutes.

Vsa expecting Pat to rise 400% this year on the journey.

Will be on you tube shortly, I get it via research-tree on SoundCloud.

Whilst i find the current actions of the US and the threats to other countries including allies and especially nato members abhorrent, it has pushed more investors to safe havens, including metals.

This has pushed gold up again to a record 4420 dollars an ounce which if it stays like this to december 26 will push our revised claim well over 2bn...

So I'm conflicted with a desire of stopping the escalating craziness of the world for my sanity, or carry it on for a year for pantheras ultimate gain!

Ooof, @deck... That'll raise your average a bit!