Pantheon Resources Share Discussion Threads

[chris0805] 25/3/2022 10:29

Definitely one of your better posts johnswan193.

[evilblues] 25/3/2022 10:25

When's the webinar? TIA

[johnswan193] 25/3/2022 10:22

For transparency purposes, I have derisked a fair bit today/yesterday, reducing my position to around 60% of what it was.

For me, and perhaps with overly optimistic or unrealistic expectations for this drill season:

- Very happy with the BFF and SFS results at Talitha.
- Concerned about the issues encountered with the SMD.
- Disappointed with the outcome at TW where I was expecting much improved flow rates.
- Webinars set very high expectations and confidence levels, but - in my view - lower expectations are then set when it comes to key periods or where results are compared against prior expectations. This is important for PR, however if I am left a little disappointed I don't know how management and other shareholders can feel ecstatic.

I accept with SMD the blockage may just be unfortunate and not in any way related to potential of the zone. However, risk of failure here increases significantly for me.

I accept with TW that the testing could not be fully completed, and doing so may have resulted in a much more impressive outcome.

The webinar will be really interesting and very good chance this excites the market, as has been the case in the past.

Potential to multi-bag still remains, but overall I was too overweight to Panr relative to my personal current view of risk, and other opportunities exist elsewhere that I have been looking to take advantage of. Time for me to realise some of those gains and lock in a guaranteed profit.

Either way, whether I have sold some or all of my holdings, I'm not going to argue with anybody who wishes to take an alternative view.

Given Panr still represents a large investment in my portfolio I want nothing more than for it to succeed.

Decision to reduce is not in any way influenced by expectations for price to reduce in order to buy back later.

I could see price settling at anywhere from 100p to 180p between now and after the webinar / next operations.

[bigwavedave] 25/3/2022 10:01

I was not alone yesterday when I thought the PANR update would take us over the high of circa 145p. I am still of that view today.

[hiddendepths] 25/3/2022 09:56

This is a very simple situation now.

If you believe what the company and its experts say, the shares are worth a hefty multiple of the current market cap.

If you decide that what's been demonstrated by flow rates so far is the best evidence, the share price is significantly overvalued.

It's just a matter of trust.

[forwood] 25/3/2022 09:52

Indeed, L2 looking v strong with 1020k buys 785k sells. Perhpas these news mentions have attracted some attention.

[arcadian] 25/3/2022 09:49

Earlier this month I wrote

What we have here is a growing optimism based on the balance of probabilities ( and of course greed ) but I, having been bitten once, shall await the flow results until lip and cup meet-hopefully soon.

Well the test results came and despite the weather problems and having read and reread the RNS I bought more shares as it is obvious that this discovery gives this company a great future although I doubt that it will remain independent for long.

[sirmark] 25/3/2022 09:34

Nice orders now on the book, here's a few of the larger ones !


09:10 91,045 127.6
09:25 230,000 127
09:13 62,648 126.4

[bulltradept] 25/3/2022 09:14

I've filtered Pro a long time ago. I trade too but it's poor form to blatantly try and talk down a price without real substance.

Plus the market usually gets it right in the long run.

[pannikin] 25/3/2022 09:13

Nice metaphor ringsing. I for one am not getting myself in a pickle.

[sonic7556] 25/3/2022 09:11

Please find link on Daily Mail's snippet on PANR

[dhb368] 25/3/2022 09:08

Nice piece in the Daily Mail. Just a simple summary. "Theta West Likely exceeds .... 1.2billion barrels of oil"

[ringsing1] 25/3/2022 09:04

No point sulking over the share price
The qty of traded shares are minuscule.
This cheese will mature beautifully for those who wait…

[tmmalik] 25/3/2022 08:32

5 percent tree shake going to end very soon ,I am expecting testing to resume on Monday ,we still have 3-4 weeks as weather looks optimistic in next 15 days .Did little top-up as well .Dyor

[pharmawotsit] 25/3/2022 08:18

  Agreed. The FT hasn't yet acknowledged my letter to them yesterday.

  Hopefully it's a slow-burning fuse.

[sirmark] 25/3/2022 08:16

Clearing the last few and we'll be back to £1.30. + I'm a moment

[scot126] 25/3/2022 07:55

Dear All - Prolapse didn't do his homework....again. Please note Heights Capital (the CB holder) has used the stock issued to them from the first quarterly repayment to reduce their short position from 0.52% to 0.1%. PANR is nothing like HUR - fact.

I'd suggest folk think back to April '21 when the market didn't appear to comprehend the implications behind the data collected at Talitha that season. The April webinar served to educate those who hadn't initially realised Talitha was a huge success. So too with news yesterday from Theta West. I appreciate it's difficult but try to shut out the noise, ignore the muted share price action and then examine objectively whether the fundamentals have improved or not?

The answer is unequivocal. The fundamentals have improved massively. Bob Rosenthal says the geologic model is now proven. That's excellent to hear, truly excellent. It gives further credence to management's description of the BFF extending to a humongous 17 miles in length. Read that again, 17 miles!!

As I wrote yesterday, in terms of risk/reward there's an argument to say the stock has never been more of a bargain when assessed against the backdrop of recently published de-risking data from Theta West. We so easily forget clowns like Prolapse were happy to sell PANR in the high 20s/low 30s (pence) this time last year, lol.

Who amongst us doesn't wish they'd loaded up even more PANR shares in April/May last year? I have even more confidence we'll be saying the *exact same thing* about March/April '22.

To Prof Sir forwood - h/t for your creative and entrepreneurial idea to provide journalists with greater granularity to what was only a superficial first take. More on that later.

Were it not for the horrendous war in Ukraine, the FT's front page *should* be leading with "AIM minnow discovers and appraises the largest oil find globally in 2022". That there is no such headline is an opportunity, IMHO, because the penny will soon drop outside of these bulletin boards. Mark my words. Great stuff.

[senttothegallows] 25/3/2022 07:22

Not quite a home run but certainly a triple bff in 2 locations plus sfs all commercial imho