Pantheon Resources Share Discussion Threads

[forwood] 22/9/2022 11:40

We know there are shorts active here pannikin. They will only succeed if enough nervous holders sell.

[pannikin] 22/9/2022 11:32

Perhaps the selling is coming from nervous holders rather than shorts Forwood.You have to have very big balls to short this when news can come any day now.

[forwood] 22/9/2022 11:01

deanmatlazin - it is unfortunate for longs to see it fall back again after recovering from the Director sales but I believe it extremely unlikely to fall back anywhere near 80p before the results of the flow test. There just isn't time, nor is there in my view the willingness to take the risk with an aggressive short strategy. Although people seem to think we won't get results before mid October, I'm expecting it much earlier, possibly around the end of the month/beginning of the next.

[dan de lion] 22/9/2022 10:59

looking at the last two TR1`s from Farallon, they sold approx 5 million shares a month from Dec to June, if they continued at that rate they will have approx 23 million left to sell.

[mlf51] 22/9/2022 10:38

You go first

[deanmatlazin] 22/9/2022 10:26

the chart shows it is heading back down to 80p. better go short and close it at 80p.

[mlf51] 22/9/2022 09:24

Nothing to see/say here for a while. Nice little bonus for our leaders still with the same holdings. Leave it to you chat away.

[brian boru] 22/9/2022 08:17

Has anybody heard from Great Scot since our management shafted their loyal long term holders Aye!

[chris0805] 22/9/2022 07:58

Insert do not in appropriate place in my previous post....

[chris0805] 22/9/2022 07:57

Hopefully your response was to Pro and you think that Pro and I are the same poster Rabito??

[yoghurt73] 22/9/2022 07:12

Timing with OTC is a little unfortunate...you boys & girls please now buy whilst mngmnt exercise/sell some.

[madd_rip] 22/9/2022 06:14

Stop baiting hypocrite

[chris0805] 22/9/2022 06:04

Perhaps the BoD could change the company name to Pantheon Reserves? :-))

[rabito79] 21/9/2022 23:42

Truant2tb1, I would like to apologise. If I knew you had an oil industry contact then I would have given you much more credit than I did before.Mocking the careers of 40 year oil veterans one night and bragging that you know someone the works in the oil industry the next. PMSLDid he tell you the difference between resources and reserves?

[rabito79] 21/9/2022 23:34

What utter nonsense, when was a good time to sell? After Theta West results when you were claiming the results were poor because you didn't understand them? Or perhaps in the fall out from the Peel Hunt note? If they sell before a drill people claim they aren't confident, if they sell after a drill they will say the results can't be as good as they claim. So when can they sell?Given the short distance to initial flow results it could be argued that selling now will have the least impact on the share price. Any short term movements will be forgotten post testing which is matter of weeks away.Furthermore management have not 'sold out' the have cashed in a small portion of their options. As I am sure many long term holders have as well.Anyone buying in recently will surely know that the Alkaid drill results will dictate if their purchase is successful or not. If they have done enough research they will also know that the drill largely hinges on proving up lateral continuity as excellently described to us by Telemachus. It's pretty clear this has not been understood by those claiming 'they must know something we don't.' Furthermore at the last operational results providing an update on the LWD Pantheon clearly state 'As always, we must remind investors that despite the positive results so far, a definitive assessment of the commerciality of the well cannot be made until flow testing has occurred.'. So talk of no brainers etc are well off the mark. They are confident because of results to date and excited because of the sheer scale of the assets. That's why they show enthusiasm in their interviews, they are quite rightly excited by the potential in their acreage. If their excitement and that of Roger Young in interviews and webinars is not genuine then I don't know what is. It's likely also the reason Jay still holds ~ £4M worth of shares (excluding options) going into the drill, with both Justin and Bob holding over £1M (excluding options). A large amount by anyone's standards. Of course their excitement and remaining holdings doesn't guarantee success and they have never claimed it does.

[probabilityofsuccess] 21/9/2022 21:23

Truant - you are like good old ngms……only ask questions, but don’t provide your view. If you want to add value, why don’t you share your view on the answers to those questions. Then we can have a good old discussion about it!

[truant2tb1] 21/9/2022 21:02

Pannikin

Two questions

1) What you expecting the next set of RNS' from PANR to tell you?

2) Why has the Alkaid CPR not been released, unredacted?

Discuss

P.S. I happened across PANR by an oil industry contact FWIW :)