PFE - Pantera Lithium

[System]

Pantera Minerals was recently incorporated to acquire its four Western Australian based iron ore, copper, manganese and polymetallic projects; the Yampi Iron ore Project, Yampi Copper Project, Weelarrana Manganese Project and the Frederick Polymetallic Project.

The Company has signed an acquisition agreement with Beau Resources Pty Ltd to acquire an 80% interest in the Yampi Iron ore Project, 100% interest in the Yampi Copper Project, 100% interest in the Weelarrana Manganese Project and a 100% interest in the Frederick Polymetallic Project. In addition to these acquisitions, the Company has under application four contiguous tenements to the Yampi Iron Project covering 620 sq km (Yampi Extension Project). As of 2 June 2021 the tenements comprising the Yampi Copper Project, the Weelarrana Manganese Project, the Frederick Polymetallic, and the Yampi Extension Project, have not yet been granted. The Company expects these tenements to be granted after its admission to the ASX.

The proposed work programs will see the Company become very active in exploring and developing its Projects with work to commence soon after completion of its IPO.

It is anticipated that PFE will list on the ASX during August 2021.

Home - Pantera Minerals

PANTERA LITHIUM BRINE PROJECT – 100% OWNERSHIP A SIGNIFICANT PROJECT IN AMERICA’S NEW LITHIUM SUPER-HIGHWAY

panteraminerals.com

 

[Dona Ferentes]

Listing date	05 August 2021 11:30 AM AEST ##
Company contact details	https://panteraminerals.com/ Ph: +61 8 9467 7678
Principal Activities	Mineral Exploration
GICS industry group	TBA
Issue Price	$0.20
Issue Type	Ordinary Fully Paid Shares
Security code	PFE
Capital to be Raised	$7,000,000
Expected offer close date	24 June 2021
Underwriter	Not underwritten. PAC Partner Securities Pty Ltd (Lead Manager)

and list it did ... after a delay from the earlier 13 July tentative IPO date. Somehow that was not an issue, as it raced out of the blocks today, starting at 26c and raced up to 55c in the first 5 minutes before settling down to a 40c close for Day One. Not bad for a 20c IPO

 

[greggles]

After an impressive debut, reaching a high of 35c soon after listing, a lot of the shine has come of PFE as the share price has dipped below 10c during the last quarter of 2022.

However, I have noticed that both the share price and the trading volume is up this month in spite of the company having released no news since 6 December. Mapping and rock chip sampling has been ongoing at the company's Weelarrana Project (south of Newman in WA) with the aim of developing manganese and gold-silver drill targets.

So I assume that the recent spike in market activity is in anticipation of a further announcement regarding the outcome of this field work.

 

[System]

On December 2nd, 2024, Pantera Minerals Limited changed its name to Pantera Lithium Limited.

 

[Dona Ferentes]

raced out of the blocks today, starting at 26c and raced up to 55c in the first 5 minutes before settling down to a 40c close for Day One. Not bad for a 20c IPO

must have forgotten to tie up shoelaces..
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it's been downhill since listing:

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last update:
HIGHLIGHTS
• Landholding of >26,000 net acres (34,900 gross surface acres) in the Smackover formation increasing weekly with on ground land team.
• Strong cash position of $2.8million.
• Directors focused on increasing shareholder value in most efficient and effective ways.
• Collection of Lithium Brine Sample via the re-entering of saltwater disposal well has proven to be problematic and now abandoned.
• Decision to re-enter well was made based on shareholder value creation and the preservation of funds.
• Drilling of the planned standalone well will now be brought forward to early 2025. This will facilitate the collection of lithium brine samples for assaying and DLE testing. The well will then be converted into a future production or disposal well.
• Executive Chairman recently attended Benchmark Week in the USA. Significant industry interest and discussion was held around lithium brines in established oil and gas producing regions with a strong focus on the Smackover formation.
• The Company looks forward to a strong 2025 and the assistance from a new and very pro-business Presidential administration.