Member Info for stuartc410

Everyone patiently waiting.

Kwademen prospect has delivered outstanding high-grade intersections within several broad zones of mineralisation that remain open in multiple directions. This bodes well in a strong, rising gold price environment

Should take about 4 -8 weeks. Just in time for when indias defence is due . Might be the perfect storm. Defo makes the risk of trading harder as there will be an increase in capital to absorb any volatility.

Studies on TSX-V listed companies moving to OTCQB show an average increase in daily global share volume of +25% and an average increase in daily global dollar volume of +12%.

By next December we should be closer to 90p if not higher

​It Has Breached the 52-Week High: 21.00p was the previous high, meaning the stock is in a new territory with high momentum. Should be a fun 6 months

It is possible the parties are in private discussions, delaying the public calendar because they are actively negotiating a potential settlement. Was expecting it already

Just checked in. Getting offered 20 to sell. Its starting to move now. Something is defo going on

You are absolutely right—all cases are different, but the fundamental merit of the PAT case is now validated. The recent news flow confirms we are standing on the cusp of significant value realization:

The funding risk is gone. LCM, despite its own financial issues, has formally reaffirmed the full US$13.6 million facility is available. They see the $1.58 billion PAT claim as an indispensable core asset for their own recovery.

The arbitral panel denied India's application to delay by only hearing jurisdiction. This maintains the pressure on india.

And the strength of gold price massively strengthens our claim as yhe Bhukia project's value is directly tied to the gold price.

And in reality the 1.44 million ounces already defined in Mali and Burkina Faso now provide a strong intrinsic floor for the stock, valued around 25p to 35p before the arbitration is even factored in.

The LCM news is overwhelmingly positive, turning the biggest risk into a massive confirmation of confidence.

​Risk Eliminated: The market’s primary concern—that the funding for the $1.58 billion claim would be pulled due to LCM's financial losses—has been explicitly removed. LCM has formally reaffirmed the $13.6 million facility is 'unchanged and continues to be fully available'. This confirms the legal runway is secure through the critical Phase 1 of the arbitration.

​Validation of Merit: This public reaffirmation confirms that PAT's claim is an indispensable, high-value asset, even to a distressed funder. This is the ultimate vote of confidence in the legal case.

​Procedural Momentum: The arbitration is progressing favorably, with the tribunal already ordering India to address the merits of the case (liability) alongside jurisdiction in Phase 1. This speeds up the process by blocking India's attempts to delay.

​Massive Undervaluation: The stock is trading at a small fraction of the $1.58 billion claim value, while the cost of pursuing that claim is now secured. With the primary risk gone, we expect the stock to begin a significant, sustained re-rating toward the analyst target of 37p and beyond, driven purely by the merits of the claim.

Big 6 months coming up here. Should kick off anytime. Going to be a good end to the year

Panthera's management likely received assurances before the LCM public results, or deemed the contractual protection sufficient, justifying their silence. They are not in a panic. If they released an rns tomorrow morning confirming there finacning postion this would fly back instantly. PAT management should immediately issue an RNS confirming the security of the remaining funds and detailing contingency plan. This would stop negativity and uncertainty.

LCM's Incentive to Continue: By having drawn down half the funds, the sunk cost is high. LCM has a powerful incentive to maintain the facility until the Phase 1 ruling (jurisdiction/merits) to validate their investment, rather than terminating the contract and writing off the invested capital.[

Panthera has drawn down half of the US$13.6 million facility so the risk of immediate funding termination drops significantly. So we are far less exposed to the risk of an immediate procedural collapse than the market might initially fear from the LCM headlines.

The focus remains on the arbitration milestones (India's response, Phase 1 ruling), which are the true drivers of the share price.

Very good start to the week here.

Denial of a Potential Delay Tactic: India's application to only consider jurisdiction could have been a tactic to delay the proceedings. The tribunal's decision to deny this request and proceed directly to the merits of the case in Phase 1 shows a clear intent to move the case forward efficiently and address the substantive issues. This is a positive procedural signal for Panthera.

​Addressing Liability Sooner: By bundling jurisdiction and merits together, the tribunal is prioritizing a decision on whether India is liable for breaching the investment treaty. This is the single most important question for Panthera, and the tribunal's willingness to address it in the first phase is a major win for the company.

The most significant update in this RNS is that the arbitral panel has ordered the arbitration proceedings to be bifurcated, meaning they will be split into two distinct phases. This follows an application from India to initially limit the proceedings to matters of jurisdiction only. The panel denied this request.

​Phase 1: The panel will now consider three critical issues together:

​Jurisdiction: Whether the tribunal has the legal authority to hear the case.

​Merits: The substance of Panthera's claim against India—that is, whether India did indeed breach the 1999 investment treaty.

​General Principles of Compensation: The tribunal will determine the legal principles that would be used to calculate a final award, should Panthera be successful.

​Phase 2: This phase is reserved for the precise quantum calculations of the damages owed. The proceedings will only advance to this stage if the tribunal rules in favor of Panthera in Phase 1.

The company believes this approach is "efficient" because it allows for a "speedy resolution" of the core legal questions of jurisdiction, liability, and the principles of compensation, without incurring the costs and complexities of calculating the compensation until after those principles have been determined

Expecting a decent fall tomorrow

Will we see another big drop if it is delayed again

Heard

Know the date the Bhukia Project is meant to be head