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The latest announcement is out from Panthera Resources Plc ( (GB:PAT) ).
Panthera Resources Plc has provided an update on its legal proceedings concerning the Bhukia project in India, highlighting the execution of terms of appointment for arbitration between their Australian subsidiary, Indo Gold Pty Ltd, and the Republic of India. The arbitration, administered by the Permanent Court of Arbitration in London, follows India’s alleged breach of a bilateral investment treaty and the revocation of IGPL’s rights to a prospecting license. The outcome of the arbitration could have significant implications for Panthera’s operations and strategic positioning in the gold exploration sector.
More about Panthera Resources Plc
Panthera Resources Plc is a company focused on gold exploration and development, with assets located in West Africa and India. Their primary activity involves the exploration of gold resources, and they have a significant interest in the Bhukia project in India.
YTD Price Performance: 16.67%
Average Trading Volume: 369,066
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £17.18M
See more insights into PAT stock on TipRanks’ Stock Analysis page.
