Street Talk

Rising small cap miners hit the road with NDRs amid gold price boom

Fund manager sources who spoke to Street Talk say they anticipate capital-raising activity will pick up this year.

Sarah Thompson, Kanika Sood and Emma Rapaport

Feb 9, 2025 – 3.10pm

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Roll up roll up, the gold miners are in town.

Street Talk understands ASX-listed Pantoro is preparing to hit the road with Canaccord Genuity for a non-deal roadshow. Sources say the $840 million market cap company is set to woo fund managers in coming days and will be talking up its high-grade resource, production outlook and drilling program in a series of meetings.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.