PFE 4.00% 2.4¢ pantera minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-4

  1. 2,866 Posts.
    lightbulb Created with Sketch. 828
    Finances look solid. Good to see non-potential revenue-generating projects discarded. A$3.34 million raised to fund drilling and resource estimation. Benefiting from industry moves like Equinor's $160 million investment and Exxon Mobil's ongoing operations nearby. Despite some strategic project exits, ends the quarter with A$2.6 million in cash, ensuring they're well-funded for the next steps. All eyes on Smackover. I don't think most of the market understands the value of the abstract land lease expansion strategy that could very well end up giving Pantera 50,000 acres in a pretty hot zone....
    Last edited by OzBandit: 31/07/24
 
watchlist Created with Sketch. Add PFE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.