InvestSMART

Pantera Minerals Limited (ASX:PFE)

ALERT: Price-sensitive ASX Announcement for PFE
Current share price for PFE : $0.015 -0.005 (-25%)+
Announcement
Release
23 Apr 2026 4:06PM
Price at Release
$0.020
Full Release
download
Summary
Pantera Minerals Limited reported a significant quarter marked by the completion of its first modern exploration program at the Gillham Silver-Antimony Project in southwest Arkansas. The program validated high-grade antimony mineralization and defined multiple priority drill targets. Financially, Pantera maintained a strong balance sheet with approximately A$1.43 million in cash as of December 31, 2025, and a strategic investment in EnergyX, valued at A$42.6 million. The company also highlighted its continued exposure to EnergyX's lithium projects, providing leveraged exposure to critical minerals such as antimony, silver, and lithium. The report also detailed a cash flow from operating activities of -A$291,000 for the current quarter and -A$1.333 million for the year to date, with a net decrease in cash equivalents for the period, ending with A$941,000. Payments to related parties totaled A$142,000, primarily for director fees.
Key Points
  • Completion of first modern exploration at Gillham Project.
  • High-grade antimony mineralization confirmed.
  • Multiple priority drill targets defined.
  • Strong balance sheet with cash of A$1.43 million.
  • Strategic investment in EnergyX valued at A$42.6 million.
  • Continued exposure to lithium projects via EnergyX.
  • Operating cash flow deficit of -A$291,000 for the quarter.
  • Cash equivalents at period end amounted to A$941,000.
  • A$142,000 paid to related parties for director fees.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.