Pantheon Resources Share Discussion Threads

[mlf51] 20/9/2022 10:02

JH's personal holding remains the same, they all do.

[officerdigby] 20/9/2022 09:57

Justin always sells. He sold a tonne at 66p?! Last year shortly b4 100+p.Perhaps they don't care and known they've lined up millions for later.

[chwab] 20/9/2022 09:52

The 5m block going through AH was the broker executing the sales of the directors option exercise, at the avg price of execution - no deep meaning ‘shorts out to get you’ kind of thing.
Also, flow tests have not started and there is likely to be a lock up for directors so taking some risk off they may be thinking oil to 30 dollars so regardless of flow they would not be able to monetise if some oil shock occurred. If they have material non-public info and sold with that knowledge prior that’s a potential jail term.
Lastly - the exercise price was 30 so the company picked up 25% of the cash of the transaction, add to that taxes and these guys didn’t take all that much, I know traders that get way bigger bonuses for trading desks that don’t even make 30 bucks in a year.

[ringsing1] 20/9/2022 09:48

Did the directors have a choice as to when to cash in on the options? Eg could they have waited for the flow test results ? If they could have waited but didn’t - oh boy…

[forwood] 20/9/2022 09:44

That's the only positive I take from this - that the current operation is going to plan.

[helpfull] 20/9/2022 09:43

Cor blimey, guv!

The all seeing guild must have seen this coming. I'm going for 97p by the end of the day.

Be careful.

[forwood] 20/9/2022 09:32

Scot hasn't said anything. Only mitigating comments echo what the chairman said. Rest are pretty bloody disappointed, inc me!

[officerdigby] 20/9/2022 09:25

Are any in the guild connected to board?That would be an interesting situation.

[pro_s2009] 20/9/2022 09:24

The Guild of Charlatans will hold today's lies and excuses no doubt.

[pro_s2009] 20/9/2022 09:23

scottyswen will be a spinning and spinning and spinning....

Flow test good will claim "told you so*

Flow test bad it will be all the excuses under the sun.

[helpfull] 20/9/2022 09:21

That double top is being blown away by the minute. Low 80p-85p seems inevitable. There is so much froth in the share price. The directors have confirmed that. This is a dangerous share to average down. Anything but the best of news in future days and weeks and a fall to below 40p is a possibility.

Be careful.

[deanmatlazin] 20/9/2022 09:16

and market cap of £800m...for what? bigger than most midcap the oil PRODUCERS FFS

[truant2tb1] 20/9/2022 09:11

£5m of director share sales ahead of drilling results. What could possibly go wrong?!