Pantheon Resources Share Discussion Threads

[carrr595] 24/1/2022 16:56

Hi Scot126,

Thank you, that was a really useful and clear response to my question.

I am very familiar with the gamestop phenomenon however I did not realise to the exact extent of their movement over to 88E (I was aware).

I have been following PANR for some time and put together a case for investment (which is why I havent invested in 88E) however its not always clear unless you have years of experience in the industry.

Constructive replies like yours are always appreciated rather than calling out people uncessarily.

This thread could certainly do with embracing and actively spreading the PANR word through social media.

[scot126] 24/1/2022 16:48

Something to consider pre-webinar?

Remember the Talitha well location was selected primarily to target the shallowest SMD horizon. Think of it as the bullseye (50 and 25 points) and the other horizons moving out towards the triple bed and then double beds, further away from the ideal "bullseye" location.

Theta West, for example, has been planned solely to collect as much data as possible about the BFF Lower and BFF Upper. Those are the bullseye horizons the drill is targeting and the triple bed zone and double bed zone don't apply. This is unlike Talitha #A where the SFS and BFF are certainly *present* on the dartboard but are geologically further away from the ideal "bullseye" location. Looks to me like the SFS is located in a triple bed and the BFF Lower in the outer double bed.

Hope my mangled metaphor makes some sense?!

[scot126] 24/1/2022 16:40

Hi Carrr595 - I recognise the description of your frustration. Not because I share that sentiment necessarily (I've long ago rationalised the differential) but because your reaction to the respective share price action is logical and wholly comprehensible.

"In the short run, the market Is a voting machine, but in the long run, the market is a weighing machine." - attributed to Warren Buffett

Being a millenial, are you aware of the Gamestop phenomenon during the early stage of lockdown in the US? For whatever reason, either planned and paid for by 88E or simple serendipity, a large number of the Gamestop moms'n'pops alighted on 88E last March/April. Quite bizarrely, weeks would go by when 88E was the most search stock code on the OTC market. Fed by complete hogwash/misinformation/disinformation/fantasy from viewers of HBO's Billions/nefarious types like criminally indicted Steven Gallagher aka Alex Delarge the stock has entered the imagination and stockholdings of thousands of credulous Americans.

It's a giant game of pass the parcel: "Enjoy the party but dance close to the exits."

It's not PANR management's fault, it's ours. PANR's asset is higher quality, far larger in scale, more data has been collected, more money has been invested in 3D seismic ($80m v's virtually nothing), better location, time to first production of commercial oil, cost to deliver first production of commercial oil, far higher NPV per barrel, far more experienced management team......and lots more.

It's a new world, folks. It us, retail shareholders who need to get out there and engage with the self-styled $EEENF army and explain using facts and logic why they should be looking at PANR rather than playing pass the parcel with 88E. For example, the stockmarket is currently valuing 88E's c.10% share of the combined PANR/88E oilfield at £300m and over the border (a simple line on a map, remember) 90% of that same oilfield is valued at £550m. Go figure?

A statistical certainty? This mispricing will not be perpetual, thus voting => weighing.

[mlf51] 24/1/2022 16:39

Did your " nervousness " drive you to make rude remarks about somebody's user name.

[johnswan193] 24/1/2022 16:34

For webinar 2hrs 30mins scheduled!

[winner66] 24/1/2022 16:29

I’ve no idea why anyone would invest without fully understanding the investment case . It defies logic that people ask basic questions on a public forum and believe what they are told . Research is key , it’s all available in fact format . Who on earth dives in the sea without first knowing how to swim . Madness

[dhb368] 24/1/2022 16:17

88E is supported by a social media bubble and the share price has been pushed up significantly because of that manipulation.
There will be a lot of money lost there by 'punters' that do not understand the investment case, the risks involved or 88Es route (or lack of) to market.

PANR does not 'benefit' from such social media manipulation and more significantly the share price still has downward pressure from F and the CB holder.
Any money lost here will be down to the drill bit, not misinformation online and any money made will be bags higher simply due to the lower entry point, thankfully made possible by the large sellers.

Unless a holder is still looking to de-risk predrill todays price is irrelevant.

[carrr595] 24/1/2022 16:00

Thanks Forwood, agree if someone who is invested but questions or infers something else the hounds are out.

I merely implied that should 88E release any information their reddit army and quick posting throughout their millennial cohort works wonders for their share price PANR does not have the same sense of social media presence.

I am invested in PANR, and my nervousness sits around the expected bn of oil that are not independently verified (please correct me if I have that wrong) and that the share price won't move until we see promising results (hopefully in the next few weeks/months).


I will add my comment about the 75p share price still remains and today showed that.

I am also not invested 88E.

[forwood] 24/1/2022 14:34

Don't worry about it Carr. Anyone who is not 100% gungho is likely to get pasted here.

[mlf51] 24/1/2022 12:43

Charitable? Nah

[mlf51] 24/1/2022 12:06

Please do as I'm looking to get more.

[probabilityofsuccess] 24/1/2022 12:03

What does the ‘C’ stand for Roger?

[rideacockhorse] 24/1/2022 11:48

Hey Carrr595, you've had a shocking introduction to posting on ADVFN. What a lot of twaddle you talk. Your best was when you said PANR couldn't get over 70p when it was at 75p. And then there's today...trying to put down PANR in a rather obvious trolling way whilst at the same time bigging up 88e when 88e is presently suffering a double digit fall. Appreciate you're new to this and you'd like to make your mark as a PANR doubter in the hope your postings will somehow boost 88e's share price But it's your pleas for recognition that are so painful to read. Mind you, I suppose we all want the world to recognise we exist and have value as a person. I get that. The problem is, others on here get it too so you're rather wasting your time on the old tippy tappy. You're a poor man's ngms. I'm embarrassed for you.

[westx] 24/1/2022 10:46

I wouldn't venture a date due to all the unknowns. My wife no longer asks how long I'll be gone when I go to rig :)I suspect it will be quicker than Talitha due to shallower depth and staying out of bad hole section above Kuparuk.

[wee jimmy] 24/1/2022 10:37

No. I don’t believe today’s move is PANR specific. Markets, driven by NASDAQ, are tumbling everywhere. In this risk-off scenario nothing is going to shoot up without substantive new news.

(Edit: At 1pm the AIM 100 Index was down 3.6% on the day.)

[youngbaz] 24/1/2022 10:36

Your points accepted. I did say 'maintaining that rate' and was aware that the first feet would be the easiest. So ... maybe a nice Valentine's Day present?

[carrr595] 24/1/2022 10:15

Sentiment to PANR is very low, if this was 88E the share price would have risen atleast 10% for the next few days yet PANR are unable to maintain any rise.

The results will need to be spectacular to get this past 78p.

[seejayem] 24/1/2022 10:02

Quite a bit of selling into the strength. I hope the Yanks get a bit more excited over the news than us. I guess we all knew it was coming and the market has reacted accordingly.