Pantheon Resources Share Discussion Threads

[bchoco] 18/1/2022 19:54

Latest interview:

hxxps://youtu.be/ZqDEdHYo58E

[johnswan193] 18/1/2022 19:42

Have to admire their transparency. Would like nothing more than for them and everybody here to be rewarded handsomely.

[probabilityofsuccess] 18/1/2022 19:34

Fair play to them committing to communicating expectations on flow rates, I certainly wasn’t expecting that. Quite powerful for them to do that, I think.

[antique7879] 18/1/2022 19:10

Swanvesta - Thanks for sharing the video (BW interview with JC & BR today).
I note, with interest, that Mike Duncan will be providing us with an operations update on Monday (24th Jan).
Drilling/testing programme progressing as planned.
Rig on Theta W pad - spud imminent.
Talitha A BFF - Frac & test imminent.
Anticipated flow rates for each tested reservoir will be provided during the webinar.
JC - Still hoping to have 2 Alkaid wells in LPFT, later this year.

[sirmark] 18/1/2022 19:05

Oil now at $87.32 (over 88 earlier)What a back drop to release excellent results 100% owned and fully funded for 2 years (as per interview tonight)

[nigoil] 18/1/2022 18:15

We've just had a cup of tea and looked at the leaves, the leaves tell US Panr is way oversold! Market manipulation?.... :-)

[sirmark] 18/1/2022 17:11

As I thought the trade now on the OTC 5.34mln I thought it would be around that as stated this morning, so that takes it up-to 16mln so not sure what's going with them but that's the total so far !

[sirmark] 18/1/2022 16:55

88e up 7%

A few 1m trades plus these now showing up

16:49:37 69.633 500,000 348.17k O
16:49:31 69.928 1,744,195 1.2m O


16:35:03 69.50 1,312,635 912.28k UT
(auction was 500k + 627k and a few others)

Total today 18mln shares... a lot more than just the 2.5m conversions for directors.

[ngms27] 18/1/2022 16:45

The whole sector seems to have been affected today

[sirmark] 18/1/2022 16:43

Also with that increase look at what oil has done in the past 12 months and just goes to show you where we are and that we're pretty much flat A huge massive bounce coming.... Someone's equally been buy shot loads today

[ngms27] 18/1/2022 16:39

dan de lion, you might have meant that, but that wasn't what was inferred in my opinion.

[sirmark] 18/1/2022 16:35

some massive trades going into the auction

500,000
627,000

[holism] 18/1/2022 16:33

sandcrab I wouldn't have thought we have many risk averse investors here.

[dan de lion] 18/1/2022 16:31

NGMS, I was only indicating that by moving the rig on to Theta West it would mean the the well at Talitha was opened up successfully and the main rig is not needed there to sort out any problems that might have arisen whilst it was shut in.

[total return] 18/1/2022 16:14

dhb368 thank you for putting where the share price currently is in an appropriate context.

sandcrab2 if the world is ending economically why are benchmark oil prices climbing steadily and now at the highest since 2014? Why also is the oil sector viewed as one of the most bullish for 2022 (and after a storming 2021)? Also OPEC has just said that it expects global oil markets to remain well-supported in 2022 due to "robust demand".

(Edit: Have just spotted that Goldman Sachs have upgraded their Brent crude (spot) estimate for 2023 to $105 bbl.)

[dhb368] 18/1/2022 15:57

On the day of the Talitha A spud RNS we were 45.9p.

When you consider everything that PANR have achieved over the last 12 months

the acquisition of the remaining 10.8% WI in Talitha
the acquisition of the additional acreage covering Theta West (another 14 billion barrels OIP?)
the 3700ft of cuttings containing oil
the potential of the Kuparuk and other untested zones
the Baker Hughes AHS VAS report
Resource upgrades
Talitha was targeting 1 billion barrels, conservatively we are now targeting 2.2 billion barrels recoverable.
Capital raise of $96m, enough to fund up to 3 drills.
Oil price January 2021 $54, Today $87


And for all of that we have seen the share price appreciate by only 52%.
A 'special situation' indeed for those able to hold or add.

[sandcrab2] 18/1/2022 15:36

With the imminent collapse of China’s property developers, being China’s largest asset class, some are predicting a world wide depression

Could be adding to the de risking by the risk averse

Didn’t someone on this board state that their chart was signaling 60p as the bottom?

[cezuan] 18/1/2022 15:34

@Scot I am looking at the chart, because the generally accepted fundamentals do not explain why we have been selling down strongly. The investment case and the investors are quite intransparent, so I have no choice. I posted remarks on why things might be worse than assumed, because you and most here tend to "assume" the best out of several cases and I wanted some feedback on what else might be happening. If anything is misleading, it's the bullish focus on the PANR forums.

Your "today is special" was supposed to explain why today's drop is special. It is not. We have been selling strongly since November. My explanation - that some investors wanted out after the farmout failed, because it meant a delay of higher share price valuations to them - fits the timing on the chart quite well. Ofc it's a "hypothesis". That is what these forums are for.

Re-reading my posts btw I only see conditional statements. Since I think in conditionals, any deviation is accidental.

[gorgeousgeorge01] 18/1/2022 15:27

"Despite my conservative approach I couldn't resist."

I know. Gluttons for profit.