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Panther Metals says it has a “clear runway” for 2021

Darren Hazelwood highlighted that Panther is focussing on accelerating the development of its portfolio.

Panther Metals PLC - Panther Metals says it has a “clear runway” for 2021

Panther Metals PLC (LON:PALM) chief executive Darren Hazelwood, in a statement, highlighted that the company is positioned well as it enters 2021.

The company joined London’s AIM market in January 2020 and has now released an update on New Year’s Eve noting that it has a “clear runway” for the coming year.

"2020 has created challenges no one could have imagined, especially for those doing business in the global marketplace, and it's been a pleasure witnessing just how strong our board has been in the face of these circumstances,” Hazelwood said.

“Our networks have proven resilient allowing us to exceed our own expectations during the calendar year leaving the business, in my opinion, in an extraordinarily strong position as we move into 2021.

He added: “Ownership of 100% of our assets ensures the business has control during the exploration and development phase of each asset, providing our shareholders with security that our experience and expertise in creating value along the curve can be reflected directly in the company.”

Hazelwood highlighted that Panther is focussing on accelerating the development of its portfolio.

Quick facts: Panther Metals PLC

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Price: 13 GBX

Market Cap: £8.01 m

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