Pat Bolland with Panther Metals’ Darren Hazelwood on one of the top graphite intercepts in the world

May 17, 2024 — InvestorNews host Pat Bolland interviews Darren Hazelwood, CEO of Panther Metals PLC (LSE: PALM), discussing the company’s significant advancements in mineral exploration. Hazelwood shared exciting developments, particularly the recent announcement of one of the top graphite intercepts in the world at the Obonga Project in Thunder Bay. He emphasized the critical importance of graphite, especially in light of recent U.S. tariffs against China, which spotlight the need for increased graphite processing capacity in the West. Hazelwood highlighted that the American government’s actions confirm the necessity for investment in graphite processing, mentioning ongoing conversations with the Ontario government, which is keen to support a circular economy and has attracted investment from major players like Volkswagen. In addition to the graphite project, Hazelwood discussed Panther Metals’ interests in Australia, particularly the Coglia Nickel-Cobalt Project. The recent Scoping Study for this project revealed a robust net present value (NPV) of A$409 million and an internal rate of return (IRR) of 31.8%. Despite the company’s current valuation, Hazelwood believes the market has yet to fully recognize the project’s potential. He noted, “Assigning the company a 5% valuation on the Coglia NPV alone would see a share price in excess of A$0.23.” Panther Metals holds a significant stake in Panther Australia and continues to see promising developments in their portfolio. Hazelwood expressed optimism about the company’s future, citing the substantial opportunities for expansion and enhancement of their projects.