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Added to YB: 2026-01-12

Pitch date: 2026-01-09

PAT.L [neutral]

Panthera Resources PLC

Author Info

Case Research is an arbitrations equity analyst who loves: heavy asymmetry, catalysts, and general cinches! Sign up for the newsletter.

Company Info

Panthera Resources PLC primarily engages in the exploration and development of gold projects in India and West Africa.

Market Cap

GBP 71.0M

Pitch Price

N/A

Price Target

1.45 (+608%)

Dividend

N/A

EV/EBITDA

-25.66

P/E

-23.43

EV/Sales

N/A

Sector

Metals and Mining

Category

special_situation

Show full summary:
The Case Research Portfolio - Panthera Resources PLC

PAT.L (holding update): India blocked Panthera's Bhukia mining license; arbitration case claims $1.5bn vs $82mn market cap (602% upside, 165% CAGR over 2yr timeline). LCM backs case with 80%+ win rate. Market implies 14% success probability - too low for conservative $577mn award estimate.

Read full article (2 min)