Pantheon Resources Share Discussion Threads

[sandcrab2] 28/3/2022 21:05

More interesting points by Iceberg on Lse

‘I understand what your saying Seahawk but the company have said that the flow test has proved or exceeded the 1.2bn of recoverable oil, they will have the figures of xx bopd per a xx ft of pay zone.
They have these figures for either end of the lbff. They also have a bonus of the slope at talitha. The upper bff is a none reservoir atm. It will be great to test it but atm nothing is valued to it.
Because the smd flows all the way to alkaid, the test of the smd adds maybe 100-150 m barrels. In the grand scheme of proving 1200m barrels at either end of a massive oil reservoir it’s small chips. (Although I except it was a major goal of 2021, events since then with the lbff, have superseded this).
I am not pretending that everything is perfect but as I say, getting flow rates of bopd per a ft of oil pay at either ends of the biggest oil find in North American this year can only be termed a success.
Btw I don’t thing they will test again. I am not sure it’s needed. If they do then brill!
As always just my opinion and every investor will have there own view as to how successful a company has been.’

[sandcrab2] 28/3/2022 20:58

Indignor quandoque bonus dormitat Homerus

[adxwasere] 28/3/2022 19:17

"It takes two to lie. One to lie and one to listen" Homer Simpson (The Simpsons) :)

[probabilityofsuccess] 28/3/2022 19:10

Was it Homer (Simpson) who said “if only I had some humility I’d be perfect”?

[adxwasere] 28/3/2022 18:28

Like it :) I just re watched the January 22 Webinar. In my happy place now. GLA :)

[antique7879] 28/3/2022 18:18

Apologies for this cryptic post. Make of it what you will.

The limbic system in the brain makes decisions emotionally. This can be either good or bad. Sometimes, your “gut feeling” is accurate and perceives something subtle that your rational mind misses. Other times, gut feelings are based on overly negative, defensive, or paranoid thoughts, and they can direct you wrongly. Your limbic brain thinks in emotional, irrational ways. Nevertheless, it is easy to manipulate another individuals limbic system as the fright/flight/fight response is ingrained. Sadly, one sees this manipulation in all walks of life and, not surprisingly, on BBs on a regular basis. While you can’t change it, you can learn to manage these thoughts & emotions.

What one really wants is to harness your brain’s frontal lobe (FL), which makes decisions rationally, basing thoughts on facts and logic. The FL’s main job is to balance the emotional instincts with sensible ones. Your FL reacts logically to a situation, looking for evidence, seeing context, and trying to understand the reasons behind other people’s behavior.

We were treated today to a link of WB’s quotes. Here’s another one from the great man ‘Risk comes from not knowing what you are doing.’ H/t

[sandcrab2] 28/3/2022 17:35

Marmaris opinion is that if they do not have a clear run now on the LBFF they should not waste time and move on straight away to the UBFF, rather than waste time as they did with the Kuparuk

The market prefers facts rather than management opinions, as the Kuparuk demonstrated, all which are relevant when discussing farmouts etc

[rideacockhorse] 28/3/2022 16:37

What a busy day you've had on this BB johnswan these past 2 days - 8 posts in 48 hours! You always have busy days on here when Pantheon goes down. Lots and lots of negative posts explaining to all and sundry why today of all days the share price is down - yet we rarely hear your words of wisdom on up days. Was it you who claimed they still held 60% of their core holding in Pantheon or was that NGMS? The pair of you are like peas in a pod. Do you share an office? How odd. How very odd. Your postings become curioser and curioser. I guess the way to prove you're not a fraud (who in their right mind could ever imagine you to be such a thing, eh?), would be to posts lots the next day PANR goes up explaining your reasons for the rise. A little positivity on the good days might do you the world of good. And here's a free tip for you: between now and new higher highs for PANR, there will be up days and down days. I've noticed this happens with shares.

[just one more try] 28/3/2022 16:28

johnswan193. I agree, it has confused me too. I think uncertainty as to what the next step is and also not understanding what the RNS properly means. I understand tha the weather on the North Sloke is "non blizzard".... back to normal. There has been no RNS saying that they have finished operations for this period. So that means another bite at the cherry, maybe the upper basis floor. maybe further fracs in the lower or another go on flow testing... I really know nothing about the oil industry

[johnswan193] 28/3/2022 16:11

HD, strange question you ask, the market is all market participants. People ask why the market has not responded more positively (i.e. obviously by demand outstripping supply and the price increasing), and the simple answer is that market participants have not been impressed enough by the latest news thus far. Most on this BB are impressed, but that imo is largely based on management statements rather than factual data. People don't need to get their knickers in a twist over this though, true value should emerge eventually.

[fifthelementinvesting] 28/3/2022 16:09

Forwood is one of the imbeciles I previously referred to with ludicrous daily predictions based on his (poor) reading of charts. Let him sell. Better that we get shot of these kind of useless bags of hot air.

[padamster] 28/3/2022 16:04

Like I said Forwood earlier. I have no reason for the falls and neither the rises sometimes. If you can’t take the heat, are concerned, anxious then simply don’t invest.

[forwood] 28/3/2022 16:00

padamster - re your 243930, do you have any more platitudinous pearls to impart? The market does not exist in a vacuum. It's people like us - in fact, probably a large proportion of those who post on here! It does not have a life of its own. As for heat, if you leave your hand on a hot plate, you can get severely burnt. It's not that clever to leave it there!

It's common knowledge I trade. Traders need volatility and welcome it. If I'm a share, I sell if I think it's overbought or at the other end of the scale, to prevent further losses. Similarly I don't buy unless I think it's oversold or otherwise going to go up - and I bought 37,815 today. But generally I prefer to see my shares go up, particularly when I have quite a lot of them. When I see it fall 15% when others are trying to tell me it's all good, not to worry, it's a concern. What if it falls another 15%?

If I can identify a reason for the fall, I'll advocate a remedy. I don't just accept it. That's like leaving your hand on the hot plate.

[fifthelementinvesting] 28/3/2022 15:58

Rarely post but just to say there are some absolute fools posting on this board. Let them lose money by not having any patience. PANR are a long way down the road to proving up a giant field at an incredibly opportune time in the geopolitical backdrop.

Hold, you muppets. You make money by holding these types of companies. 12 months+. Those who sell, good riddance! More for me. Im already loaded. And will be more loaded by a simple strategy of holding good equities for decent gains over decent time intervals.

The rest of the posters are simply imbeciles.

FEI

[simon_64] 28/3/2022 15:44

Had johnswan on filter for many years.

Follow the BIG money,not small time PI'S like us on a BB and a sociopath like johnswan.

The BIG money is buying these.

[hiddendepths] 28/3/2022 15:37

Who is the market johnswan?

I thought it was the likes of you and me as well as a lot of other investors, private and institutional. If you are reading what people say on here, even if you don't agree with them all, you are listening to the market.

[simon_64] 28/3/2022 15:23

bull

" Excuse my ignorance" LOL !

Just looked back on your posts.

You are far from ignorant as you know shareholders set stop losses not all but some and if you want to gather up cheap shares.

XEL was heavy crude,offshore and they made hard work out of it. ATB.

[simon_64] 28/3/2022 15:10

bull

Take a look at share price movement of RKH back a few years ago 2009/10 if i remember was in GKP amongst others at the time they dropped the share price for about 10 seconds for no valid reason about 90%.

Would you buy any shares in a company that could be affected like that NEW was another one.

I would not touch shares like that with a barge pole anymore i had a 5 bagger on NEW in one day with a 5K punt, but saw posts of people losing their life savings same on RKH although i never touched it. The human misery made me feel sick and still does thank god.

[bulltradept] 28/3/2022 14:57

simon_64

"You have day traders, spread better's,shorter'sand peeps bought in at much lower prices top slicing."

Excuse my ignorance, but how do people betting on the direction of the price actually affect the price direction please?

My understanding is that spread betting is really the modern equivalent of the bucket shop and surely won't have any effect on people and institutions dealing in real shares.

[simon_64] 28/3/2022 14:40

I think most of his quotes apply here.

[padamster] 28/3/2022 14:33

That’s the thing with people in general. They have expectations and then get disappointed when something does not happen in line with their own expectations. The company has met its expectations as per RNS!

[probabilityofsuccess] 28/3/2022 14:30

“The stock market is a voting machine rather than a weighing machine. It responds to factual data not directly, but only as they affect the decisions of buyers and sellers”

Perhaps the decisions of buyers and sellers are more influenced by their own (un/informed?) expectations than those of the BoD’s?

[simon_64] 28/3/2022 14:29

forwood It has hardly fallen off a cliff, just about hit an all time high.

You have day traders, spread better's,shorter'sand peeps bought in at much lower prices top slicing.

What is telling though are the large buys going through at the end of each day taking more shares out of loose hands.

Chillax.