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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Pantheon Resources Plc | PANR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.20 | 0.62% | 32.65 | 16:35:13 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 33.80 | 32.25 | 33.80 | 32.65 | 32.45 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 24/4/2024 07:46 by sirmark I wonder how many of hes pals notice and may start buying .... That could be interesting. Not on the same level but many of my pals are investors of the back of my holding.... So it happens and how nice if we added some additional billionaires to the shareholders register. |
Posted at 24/4/2024 07:37 by sirmark Well done MS increased his holding now over 7% Billionaire investors don't become billionaires by chance..... follow the money folks !!!! |
Posted at 18/4/2024 11:33 by seedoftongo p Postsmike290 11 Apr '24 - 11:17 - 15287 367.000 Newcomers to this thread, For information - I have never paid attention to anything from the extremely deceitful Helpfull. As a result, I am currently enjoying huge profits on my Pantheon shares. Please treat everything written by Helpfull with extreme caution (if you bother to read his or her endless deceits at all). Good Luck with your investment in Pantheon. 👆🏿&# 😂😂&# It’s time to state the truth and expose Mike290. 1. No serious investor says what he has just said . 2. His average is way north of 60 pence ( most likely near £1 ) but let’s just use the facts and the evidence ( which clearly shows him lumping in at these levels ). The old posts he made show this so there is no escaping the truth ( unless he starts editing old posts again ). 3. Mike290 wants to be seen as a big shot investor because of his huge ego . |
Posted at 09/4/2024 18:22 by lgw The Company will host an Investor Meet Company webinar to discuss the status of development and appraisal planning on 10 April 2024 at 17:00 BST. Participants can register via the following link:https://www.inv |
Posted at 08/4/2024 07:59 by seedoftongo Whilst the michael posts are swatted away by the sensible investors , the Lizard posts are mainly unseen as most have filtered this highly emotional investor .Lizard is seen as a follower of the gang . A minion . |
Posted at 29/2/2024 08:20 by michaelsadvfn Helpfull 28 Feb '24 - 21:21 - 14709 of 14712 0 0 2Cor blimey, guv! hxxps://brevarthanre I've put this in the header. A must (long) read for all potential investors. Cor blimey, guv! Older Wiser's response is the must read for all potential investors helpless. Be careful. |
Posted at 27/2/2024 16:02 by seedoftongo Why must he bang on and on and on the way he does ??He’s just a roulette wheel style gambler . He has now demonstrated numerous times that he is simply taking a wild guess . Maybe he might be correct this time , but it’s not through any financial nous. The guy is a no mark nobody . An investor to be fully dismissed in the search for knowledgeable investors . |
Posted at 12/2/2024 10:33 by officerdigby Part 2The conversations we've had with some of the key potential partners in the development have indicated that there is a genuine possibility we can indeed raise a portion of the funding from that source. The other channel, that I described as off-taker financing, is by giving lifters of our production access to that stream on preferential terms, we can bring forward some capital from the off-take. And so, in aggregate, if everybody who's proposed something were to close on what they indicated, we might actually exceed the $120 million. Of course, that's the ideal world and the real world is somewhat messier, but as things stand right now, we are in material discussions with a number of players that have the potential to cover our aggregate capital requirement to first oil, but no guarantees.JF: Right. But what really is the worry of a placing? I mean, if you're talking about 2 billion barrels and you've stated an objective for a market valuation of $5 to $10 a barrel, you're looking at basically a capitalisation of $10 to $20 billion. Now, I think currently you're capitalised around about the 200 million mark. Even if there was heavy dilution with a placing, the upside is quite significant.DH: Well, that's exactly right. Although just on the basis of today's price, our market cap is around $300 million market capitalisation, just shy of 250 million pounds. By doing the right things in the right order, moving forward to get the regulatory process underway for getting the permits for offtake and production, moving forward in terms of having a clear defined start-up and ramp-up strategy that minimises the capital investment. By way of comparison, we expect to spend $120 million to first oil against $1.5 to $2 billion for the Pikka Horseshoe development and $6 to $8 billion for the Willow development, the two other major developments going on on the Alaska North Slope. You can see that the work that we put into making this a digestible development has already reduced the potential dilution of a placing by around 50%. And if we can bring forward some of the vendor financing and offtaker financing that brings the potential placement down to something much more manageable, then the amount of dilution that our existing shareholders will suffer will be substantially less. I think that I've got an obligation to current investors to seek to protect the value that they have in the asset, even if the fiduciary obligation is to the company, not to any specific class of investors, it's still the right thing to do to seek to minimise the amount of dilution necessary to get to production and to realise the value of $5 to $10 per barrel.JF: Well, I think that's right because some of the recent dilution on AIM has been appalling. Discounts of up to 90% and it really just destroys the value of any existing shareholders' holding and of course creates tremendous bad will against the company.DH: I agree and, of course, I'm a shareholder. Since I joined the company, I've bought more than 2 million shares, partly in order to align myself with the existing investors and help provide confidence to them that I'm not about to do the old "kitchen sink job" where a new guy comes in, raises a hell of a lot of money at a big discount and says, sorry guys, it was a basket case and I had no alternative... and then try to judge myself against a low point that I may have had a part in creating. So, ethically, I think the right thing to do is to strain every sinew to minimise the dilution for existing investors, not to the extent that it threatens the viability of the company's strategy, but certainly to do the best I can for them and to align myself with investors so that then we rise or fall together.JF: Okay. At which point do you think the capital raise would have to come? This year or would it be next year once it lists in the United States? |
Posted at 12/2/2024 10:32 by officerdigby Posted by Adz in telegram channel.Trans-Alaska Pipeline System (TAPS)Talking with David Hobbs, Executive Chairman of Pantheon Resources about its 2 billion + barrels 2,000 + wells Alaska North Slope oil developmentPublished on Feb 6, 2024James FitzsimonsCorporate Finance & InvestmentPublished Feb 6, 2024 FollowPantheon Resources (London: PANR) was a fairly controversial company until David Hobbs arrived last year and steadied the ship. Now with a complete and coherent plan in place, it's well worth a look. I spoke with David at the end of last week with a focus on how their ambitious project will be financed. We spoke about Proton Green too, a US company with potential in both the helium and beverage grade carbon dioxide industries. A transcription of the conversation follows:JF: I'm talking today with David Hobbs, Executive Chairman of Pantheon Resources, a London-traded company with around a quarter of a million acres on Alaska's North Slope. It's got the potential for over 2 billion barrels of hydrocarbon liquids, with perhaps 2,000 wells. At the other end of the spectrum, David's also Chairman of Proton Green, which has around 170,000 acres in Arizona, with a 33 billion cubic feet helium reservoir, a 9 trillion cubic feet beverage-grade CO2 reservoir, and a basin with the potential to store 1 billion metric tons of CO2. Proton Green has recently reversed into a U.S. public company shell, and Pantheon is in the process of moving its trading venue to the U.S. too. Over to David.DH: Good morning, James, and it's great to have an opportunity to talk with you.JF: Thank you, David.DH: So, you mentioned both Pantheon Resources and Proton Green, two very different companies, at different ends of the spectrum. At Pantheon, we've done a substantial amount of appraisal of two large fields, the Aphun field and the Kodiak field, and recently, Netherland, Sewell & Associates provided an estimate of the contingent resources in Kodiak, which were just shy of a billion barrels of recoverable marketable liquids, and the study on the Aphun field is ongoing. We hope to be able to release that in the coming months once they've completed their work, but as you say, the company's expectations are currently for an aggregate of around 2 billion barrels of liquid hydrocarbons to recover and produce into the Trans-Alaska pipeline, and we have reached that stage where the capital requirements step up. We estimate it's about $120 million to get to first oil production, probably a little more to get to the point at which the development becomes cash flow positive or self funding, and the strategy for raising that money is probably going to involve a listing on a U.S. stock exchange because with an American asset, it will be important for us to be an American company and exposed to American investors without any barriers to their being able to invest.JF: The big issue, of course, is the financing, and I think that is the principal concern of investors. You've talked about vendor financing. How realistic do you think that is?DH: Well, I think that there are two elements to it, we've talked about vendor and off-taker financing. So, let's deal with the vendor financing first: based on our modelling, we estimate that there may be as many as 2,000 wells at $13 to $15 million cost per well, that's $25 to $30 billion of capital investment over a period of 10 to 20 years. That has a value to a contractor or vendor of having certainty of work and being able to do that work on some kind of gain-share basis, leading to it being a stable and profitable part of its ongoing business. And what we're seeking is to have vendors who are prepared to defer payment in the early startup period in return for a commercial coupon on that deferral and then repayment in the subsequent year in order to secure the work without having to go through the costs of competitive bidding, potentially lengthy negotiation of prices and renegotiations and re-tendering on an ongoing basis. |
Posted at 29/1/2024 21:43 by helpfull Cor blimey, guv!hxxps://oilprice.com "Alaska’s State-Sponsored LNG Project Is Struggling To Find Investors By Alex Kimani - Jan 28, 2024, 6:00 PM CST For decades, elected leaders have dreamed about building a natural gas pipeline akin to ConocoPhillips' 800-mile long trans-Alaska oil pipeline. A 800-mile gas pipeline would run south to the Kenai Peninsula, where a LNG plant would liquefy the gas before loading onto tankers bound for Asia. Currently, the project is trying to find investors or partners to provide the $150 million that AGDC needs to finish the engineering and design work required before a final investment decision (FID) can be made". Doesn't look like a gas pipeline is going to see the light of day. Especially with the news that Joe Biden has paused any new LNG projects. Be careful. |
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