Pantheon Resources Share Discussion Threads

[sandcrab2] 20/1/2022 13:05

I note Toms mob have taken a bath on ADV

Malcy got it wrong as well
“ have commented a number of times that this well offers significant potential upside with pretty low risk exposure for investors and that the company is providing plenty of updates as drilling continues. The management and indeed the board in total have impressed me with their strategy and I look forward to seeing the results of this well. ”

Hmmm

[ngms27] 20/1/2022 12:40

IntoTheWild, I'm sure we are all hoping its not just an oil trace...

[sandcrab2] 20/1/2022 12:07

Perfectly illustrates why the seasoned risk averse are derisking

As Walters says, the drill bit is the final adjudicator

[trigger blade] 20/1/2022 11:34

Sandcrab2 = Eeyore

[rvsy2] 20/1/2022 11:17

Scot 126 - regards and thanks for your reply. It has been a long wait and much water under the bridge ....

[scot126] 20/1/2022 11:17

Back to true form I see, sandcrab2. That's more like it!

Somewhat odd you haven't alerted other O&G threads on which you post of the same news? Tell you what, because I'm such a nice guy would you like me to do it for you?

Also, it was yesterday's news. Do try to keep up.

[chris0805] 20/1/2022 11:11

Wrong BB..

[scot126] 20/1/2022 11:11

Hi rvsy2 - formal closed periods for staff are usually the 4 week period running up to the publication of interims and finals. So no issues on that front.

Your question is clearly aimed at recent employee dealings. PANR is not in a formal closed period. The NOMAD has judged the employees (and JH specifically as he's a PDMR) are not in an operational news type closed period. IMO the NOMAD is spot on. Would the NOMAD and I give the same answer once the BFF Lower perforation and frack had taken place at Talitha #A? Definitely not. Thus we have overeager's post earlier today about timing being a key consideration ref. exercise and sale of the employees' 2.575m oppies/shares.

All perfectly legal and logical IMO. If I thought differently, I would say so. I literally completed hundreds of these transactions over the course of my career. The recent PANR one is as vanilla and orthodox a transaction as there is. If the light oil at Talitha has turned into Irn Bru in the last 12 months and Theta West intersects a reservoir of Fanta rather than 40 API crude then the regulators will have nothing to investigate. The transaction took place prior to *any* new data being in the company's possession thus 100% lawful and ethical conduct.

It's a dead parrot, non-issue for me. It's done and dusted, a completely orthodox transaction, no employee knows anything more than the rest of us...end of. Time to look forward (in no set order) to the spudding of Theta West, flow test results from Talitha and the webinar on Monday. Good stuff.

[sandcrab2] 20/1/2022 11:01

Unpleasant drill results from Advanced Energy

‘The information to date indicates that the seismic processing techniques employed on this project have not resolved the underlying seismic velocities or imaging resolution issues that are present in this field.’

[rvsy2] 20/1/2022 10:42

scot126
Do the same rules apply to insiders when they exercise options as the rules when they buy or sell shares ( ie they can't deal less than X days before a price sensitive announcement)? I ask this with reference to JH's recent exercise of options.

[scot126] 20/1/2022 10:35

Dear All - have a quick look at 88E. Its mkt cap is approx 60% of PANR's. A more perfect example of imperfect markets theory you could not wish to observe.

I cannot make a case for 88E being valued at anything higher than c.15% of PANR's mkt cap on any given day....at a complete stretch maybe 20%? I *think* Rabito79 can get to a figure of 30% of PANR's mkt cap for 88E, certainly no higher.

It is, without question or hesitation, one of the most incredible and bewildering relative mispricings (where there's a shared asset remember), I've seen in 30 years in the equity markets.

PS Lol, I can only presume the red thumbs down I received was from someone who thinks Rabito79 and I have been far too generous in our stretched relative valuations between PANR and 88E?! Lol, fair point!!

[scot126] 20/1/2022 10:23

Hardly any selling today, agreed? I reiterate my firm understanding the New Year seller has completed their order. They're out. Stock going up.

[antique7879] 20/1/2022 09:54

BTW - I noted, with interest, BR’s comment in the Alaska journal article yesterday, which stated -

Rosenthal acknowledged that companies in Pantheon’s position often look to sell their assets to larger firms more suited to handle large developments, but also said the company is going to keep moving forward.

“We’re putting ourselves in a position where we can execute and develop Alkaid and even execute and develop Theta West if we have to,” Rosenthal said.

Opinion - Having an alternative plan offers the PANR team great leverage in any future farm-out and/or merger/acquisition negotiations/discussions.

[waterpolo] 20/1/2022 09:00

People do buy and sell...I am sure there is plenty of risk management coming into the upcoming binary events Not needing to try anything..it is there for you to see!

[btgman] 20/1/2022 08:57

Great Bear invested heavily in the recent placing at 65p and look to be wrestling as much stock as they can back from Farallon having watched the recent video Bob was the most confident I have ever seen him. So as much as some are wanting it I am not convinced conversion is to sell. Perhaps having a larger holding under their control may allow them to borrow and add further when all said and done they have more information and know the true value more than anyone.

All very interesting things are going at pace now with activities at both locations Webinar Monday

Expecting this to betaken out this year

AIMHO
GLA
BTG