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  • Petratherm Ltd

    The carrying out of exploration activities on the Group's existing portfolio of mineral exploration projects; to continue to seek out exensions of areas held and to seek out new projects with high potential; and to evaluate the results of exploration activities carried out during the year.

    PTR$0.021
     -0.003 -12.50%

    Data last updated:May 17, 2024 – 3.58pm. Data is 20 mins delayed.

    Previous Close

    0.024

    Open

    0.023

    Day Range

    0.021 - 0.023

    52 Week Range

    0.017 - 0.087

    Volume

    36,732

    Value

    819

    Bid

    0.021

    Ask

    0.027

    Dividend Yield

    0.00%

    P/E Ratio

    0.46

    Market Cap

    4.720M

    Total Issue

    224,751,139

    ASX Announcements

    Market Sensitive

    RIU Sydney Resources Round-up Presentation

    Company Presentation, Progress Report

    • May 7, 2024
    • 20 pages

    ATO Correspondence to Shareholders

    Periodic Reports - Other, Company Administration - Other, Letter to Shareholders

    • May 3, 2024
    • 12 pages

    Market Sensitive

    Woomera Gravity Survey Defines Significant IOCG Target

    Progress Report

    • May 2, 2024
    • 11 pages

    Market Sensitive

    Quarterly Activities/Appendix 5B Cash Flow Report

    Third Quarter Activities Report, Third Quarter Cashflow Report

    • Apr 30, 2024
    • 18 pages

    Market Sensitive

    Farm-in Agreement Expands Muckanippie Project

    Progress Report

    • Apr 18, 2024
    • 15 pages

    View all PTR announcements

    November 2014

    Thermal energy long-term outlook undimmed

    The steam hissing out of the ‘’hot rocks’’ as it came to the surface from deep under the South Australian desert in the mid-2000’s as ASX-listed Geodynamics drilled a well was a potent symbol of the optimism surrounding the fledgling geothermal energy sector at the time.

    • Simon Evans

    July 2011

    Base Resources to raise $170m

    Updated | Resources boutique RFC Corporate Finance and Perth-based broker Euroz Securities are raising $170 million for African mineral sands play Base Resources.

    • Updated
    • Anthony Macdonald and stephen shore

    Equity capital action quiet amid falling markets

    Capital raisings were few and far between on Monday as sharemarkets across the region suffered falls. Local equity raisings were restricted to junior resources companies including Zambezi Resources and Navarre Minerals.

    • Anthony Macdonald

    March 2011

    Company briefs

    Retailer Country Road will pay its former CEO John Cheston $1.1 million, a fraction of the $6.5 million he was suing the company for in the Federal Court.

    November 2010

    Geothermal hot for consolidation

    Consolidation of the Australian geothermal energy business is reckoned inevitable, with players Geodynamics and Petratherm tipped to lead the charge as the need for capital expenditure increases.

    • Updated
    • Jackie Range
    Advertisement

    Renewables a lovely idea . . .

    One sector where there’s no shortage of investment is renewable energy. More than $20 billion is expected to be spent in Australia on new renewable energy projects – mostly wind farms – thanks to the government’s revamped 2020 Renewable Energy Target.

    • Updated
    • Angela Macdonald-Smith

    July 2010

    Company briefs

    Ceramic Fuel Cells has orders for 49 of its BlueGen gas-to-electricity generators from 14 customers.

    • head

    April 2010

    Brief: Petratherm

    Petratherm has entered an agreement with stockbroker Taylor Collison to underwrite the company’s 24¢ share purchase plan up to $2m.

    December 2009

    Brief: Petratherm

    Corporate news snapshot for Petratherm

    Brief: Petratherm

    Corporate news snapshot for Petratherm

    March 2009

    Oil and gas explorer nets $28m from permit sale

    Nexus Energy (NXS) Oil and gas explorer Nexus Energy has secured $US19 million ($27

    • Luke Forrestal

    August 2008

    Briefs

    News in India TV push

    • Tracy Lee; Paul Garvey; Neil Shoebridge; Luke Forrestal; Staff reporter; Nabila Ahmed

    Gindalbie beefs up iron ore resources

    Gindalbie Metals (GBG) Iron ore hopeful Gindalbie Metals has upgraded the magnetite resource at its flagship Karara project in the mid-west region of Western Australia for the fourth time in three years. Gindalbie says drilling at Karara has increased indicated and inferred resources to 1.853 billion tonnes grading 35.4 per cent iron ore, double the previous figure. A revised probable ore reserve of 522 million tonnes grading 36.3 per cent and a remodelled pit design for the Karara mine were also announced. Gindalbie initially planned Karara production of 8 million tonnes of iron ore concentrate a year but the expanded mineral inventory lends weight to the case for a 12 million tonne a year operation, which the company is investigating. Last week, Gindalbie received a third equity payment of $123.38 million from joint venture partner Anshan Iron & Steel Group for the development of Karara. The $1.8 billion project is scheduled to begin producing haematite iron ore in 2009 before magnetite production begins in 2010. Gindalbie shares closed 1¢ higher at 97¢ on Monday. Mirabela Nickel (MBN) Save for the weakness in the nickel price, everything is coming together nicely for Mirabela Nickel as construction of its Santa Rita mine in Brazil heads towards completion. In the past month, the company has signed a five-year offtake agreement with Brazilian company Votorantim for 50 per cent of the concentrate produced at Santa Rita, bedded down a $US280 million ($301 million) senior debt financing package and increased the capacity of the Santa Rita plant by 40 per cent. The mine is on target for commissioning mid-next year. At maximum capacity, it is expected to produce 27,000 tonnes of nickel-in-concentrate a year, making it one of the larger nickel projects in development around the world. An upgrade to the Santa Rita resource estimate is expected this month, followed by an upgrade to reserves in September. Credit Suisse suggests reserves may be increased by 50 per cent. Shares in Mirabela closed 37¢ stronger at $4.99 on Monday. Petratherm (PTR) Petratherm has emulated the feats of its rivals in the geothermal sector, attracting a large investment from a mainstream energy company to advance its efforts to produce commercial power by tapping heat sources deep beneath the earth. The $57 million deal with TRUenergy announced today bears similarities to deals struck previously between Torrens Energy and AGL, and Geodynamics and Origin Energy. As a farm-in arrangement, TRUenergy will be able to earn up to a 30 per cent stake in the Paralana geothermal project in South Australia, which is being developed by Petratherm and its joint-venture partner Beach Petroleum. Petratherm is considered the next most advanced geothermal company behind Geodynamics, which is planning to build a 50 megawatt demonstration plant at its Habanero project, also in SA. Origin paid Geodynamics $106 million to become a partner in December. Shares in Petratherm closed up 8¢ at 73¢ on Monday.

    • Luke Forrestal

    February 2007

    Players warming to hot-rock energy idea

    It's full steam ahead in the rush to find a sustainable, large-scale alternative to coal, reports Chris Milne.

    • Chris Milne

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