Pantheon Resources Share Discussion Threads

[rabito79] 22/5/2022 12:57

People may think this Pro, but I note none of the naysayers have produced any industry recognised modelling which supports this point?Can you provide such modelling to support your thesis and dispute the outcome of that done by Pantheon, LKA, NSI Fracturing?

[scot126] 22/5/2022 12:56

"Just another manic Sunday", eh Prolapse? Lol

[pro_s2009] 22/5/2022 12:46

Because they have so far not had any "commercial" flow rates. Thats why they have zero production and ZERO reserves.

Whilst it is possble to flow oil, many people consider that the draining area per well will be very small, and the wells will block very quickly. The "decline rate"........

Now if the decline rate is very quick, as many expect it will be, what happens is :

The amount of oil recovered per well is less than, or equal to, or only slughtly over the cost of each well.

This means for example if you invest 1 Billion dollars of capital cost, you might get 1 Billion and 100 dollars back.

A terrible Rreturn On Investment. This is what kills "stranded oil" or "unattractive oil" accumulations.

Nobody is denying that the oil in place is there - the big argument is can you actually make any money from it, or is the decline rate so fast that its just pointless trying to extract it.

Alkaid-2 will answer this question - if Alkaid-2 does not flow - or if Alkaid-2 flows for 1 month only and then clogs up or chokes up.......this will prove what many suspect - the oil is not "commercially" recoverable.

[neil9327b] 22/5/2022 11:47

Pro, you're missing the big picture. Which is that in 5 years time the company will be worth £23 billion. Some 25 times greater than its current value. Why? Because they have proved they can flow oil from all their reservoirs with the exception yet of the SMD. So all they have to do now is do the same again but on a bigger scale. With profit margins of around £10/barrel at least with today's prices, they will be pulling oil out that is worth 2.3 billion barrels times that £10/barrel. What is so difficult to understand about that? PANR has all the characteristics of an undervalued huge growth investment.

[mlf51] 22/5/2022 09:34

I said a few weeks ago that I had reached my target holding but if the persistent seller takes it below £1 I'll be forced to add. It's just a case of timing.

[maxxy1] 22/5/2022 09:26

PROtard likes his own comments on Twitter. So lonely and desperate

[madd_rip] 22/5/2022 07:09

Seems I am now blocked from his Twitter feed, ah well small mercies.

[pro_s2009] 22/5/2022 06:30

Here is another thread



I dont expect scot126 to post on the new thread, I mean, he says I have zero credibility so therefore he would not want to "give me some credibility" by posting on the new thread would he......... 😂😂😂

.

[adxwasere] 22/5/2022 05:21

Pro's hot tips. Fill your boots. https://twitter.com/Proselenes?t=5qlvMvEqz0ywTzoDcDfQag&s=09

[adxwasere] 22/5/2022 02:42

Sounds fair to me.

[pro_s2009] 22/5/2022 02:12

btgman. Popped you into the filter bin now.

[pro_s2009] 22/5/2022 01:59

PANR not overvalued ?

[neil9327b] 22/5/2022 00:22

I read that Telegraph article and I thought that it mainly concerned growth stocks that (were) on a high multiple. And the American markets in general. I don't think UK stocks are at such a risk of major decline for the simple reason they are not generally overvalued to begin with. PANR is certainly not overvalued. Yes we can sell - but who wants to be holding cash in a 9%+ inflationary environment and near-zero interest rates?

[phsarkandalpp] 21/5/2022 20:27

Forget pro_s2009; forget ngms27; forget johnswan193; forget officerdigby; (even forget our resident ‘lemmings & mushrooms’ man). The huge question for me is: can our lovely little share (however good the test results from Alkaid 2) hold up against this sort of world markets rout? I speak as a substantial PANR LTH. Have I sold any? No! Why not? Because I'm chicken combined, I guess, with the characteristics of an eternal optimist.

[bought in] 21/5/2022 18:29

As I understand it Peel Hunt are both a market maker in the UK AIM and have written an initiation report on broker coverage of Great Bear Pantheon

My take on the report is that it felt like an undergraduate essay strewn with straw men and confirmation bias. Intentionally partial, I suspect, as evidence and source material were lacking and the deep, and what appeared at times contrived, cynicism on esteemed geologists who have been studying the north slope for decades was disrespectful.

There wasn't even a critique of the presentation from earlier in the week. Why the rush to publish when important data was entering the public domain?

Casually impugning Roger Young from eSEIS was a low blow and a similar withering dismissal of the CPR and value of volatile analysis absurd

Big frac jobs will mobilise these fans (I genuinely don't know anyone who understands the data seriously refuting that to the extent this analyst egregiously has). What is of course unknown is how they will decline? That will take years and will be for the buyer of Great Bear to worry about

[rafthorney] 21/5/2022 13:04

In the experts i trust,not an internet pro.

[rabito79] 21/5/2022 12:36

Come on Pro, you are better than this. If this is the best you can come up with then it suggests to me we will be just fine.When you bullhead fluids into a reservoir, guess what fluids come back first? Also management have confirmed there was light oil in the SMD flow back. The point you and some others seem to be missing is that the rate of frac fluids coming back is likely one of the factors giving management confidence. I remind people again of Tele's post on Reddit highlighting this point in respect to the results at Theta West.https://www.reddit.com/r/PantheonResourcesPANR/comments/udkw1b/key_message_from_pantheon_webinar/?utm_source=share&utm_medium=ios_app&utm_name=iossmfOn the chance of success, can you provide any modelling to dispute the outcome of that done by Pantheon, LKA, NSI Fracturing? It would appear the science and theory seems to be on management side while all you have conspiracy theories.

[pro_s2009] 21/5/2022 11:21

That should make you all worried !!!