Pantheon Resources Share Discussion Threads

[sirmark] 07/2/2022 11:32

yes I was trying to be cautious, I expect 20/30%. but management are keeping everything in check, so they can upgrade later once more is known.

[the count of monte_cristo] 07/2/2022 11:28

Some are higher than 40%, isn't Prudhoe Bay in excess of 50%?

[ngms27] 07/2/2022 11:28

40% recovery only comes with good reservoir and EOR. I agree entirely the 11% recovery factor quoted will be blown away in time if the BFF gets to production. Personally given the reservoir known to date I'd think 20% isn't a unreasonable guestimate with potential for more.

[sirmark] 07/2/2022 11:24

Other fields in Alaska are 40% recoverable, our board has on every front be extremely conservative, with everything (un-usual for AIM BOD's) which again is one of the reason for such a large investment this management is second to none.

Well done ! you have served the company with such a degree of honesty and professionalism we are very fortunate and you deserve this final send of for your career's.

[sirmark] 07/2/2022 11:17

MM update all on £1.10 upwards... looking good for £1.13is prior to US open IMO

110 30,000 PEEL 10:21
110 30,000 WINS 11:09
110.2 30,000 ARDA 10:29
113.8 30,000 MREX 11:15
113.8 30,000 STFL 11:15
113.8 30,000 INV. 11:15
113.8 30,000 SCAP 11:15
113.8 30,000 SING 11:15
113.8 30,000 CANA 11:15

[ngms27] 07/2/2022 11:15

forwood, so would I.

[sirmark] 07/2/2022 11:12

Level 2 looking really good with our 100k buyer still loading up and plenty of others 83k 43k and shed loads of buys going through.

[stockhunters] 07/2/2022 11:12

next news not far off

[forwood] 07/2/2022 11:11

If I was interested in buying the company, I'd strike early ie after Theta West has been tested and there's a bit more detail on recoverable assets.

[dunderheed] 07/2/2022 10:52

Be aware when Pro is "super ramping" they are selling.
They are also a well known prat.

[pro_s2009] 07/2/2022 10:45

ngms..... look what the US pump crew did to 88E.... 0.2p to 4p

Now, if they decide to go "all in" PANR, then blue sky is where its going. As I said, nobody knows at this juncture. Posts on ADVFN are not going to make any difference. Where this goes will be decided by people with a lot of money. Just sit back and enjoy the ride.

[sirmark] 07/2/2022 10:42

Only 1 mm below the £1.10 and one on the £1.09 re-test of this mornings high, can see this closing around £1.15/£1.20

109 30,000 WINS 10:26
110 30,000 PEEL 10:21
110.2 30,000 ARDA 10:29
111.4 30,000 CANA 10:39
111.4 30,000 STFL 10:39
111.4 30,000 MREX 10:39
111.4 30,000 SCAP 10:39
111.4 30,000 INV. 10:39
111.4 30,000 SING 10:39
112.2 30,000 CFEP 10:39

[ngms27] 07/2/2022 10:41

Proselenes, wake up and smell the coffee. I'm optimistic, you're so blue sky you're orbiting the Earth. Still cold in Russia?

[pro_s2009] 07/2/2022 10:39

What nobody can predict though is the US big boy buying. That should pour in as confirmations come in, provided they do.

Whether they will pile in on Theta West logging news, or wait for Theta West flow testing......or likely pile in on both.

This is where PANR (and like 88E) are different, a lot of the share price action will not be controlled by London but will be controlled by US OTC demand. If US OTC demand goes sky high (and its possible) then on good Theta West logging and then flow test you might see a share price starting with 3 or 4.......that is the unknown potential upside here as to how much US demand will come in for PANR shares.

88E got to 4p levels, and PANR could be testing 400p levels if the buying demand is there from the US. Who knows, its going to be one hell of a ride.

[honestmarty] 07/2/2022 10:36

When is going back to 78p?

[ngms27] 07/2/2022 10:34

Far, far too optimistic on logging relevance IMHO.

[rafthorney] 07/2/2022 10:34

Poor old brother would be fist pumping now if he'd beaten covid, so i'll do it for him.

yeaaaaa

[rmc100] 07/2/2022 10:33

Well done all long term holders

[johnswan193] 07/2/2022 10:33

Agreed Pro.

[pro_s2009] 07/2/2022 10:31

First up will be BFF having net pay from logging. Good net pay over 1000 feet and it will be testing 200p.

Confirmation of good flow from the BFF at Theta West and it should push 250p to 275p.....

Given how well the BFF has flowed from Talitha 10 miles away, most are now expecting solid flows at Theta West.....so the flow test at Theta West will add some, but the big gain should be confirmation of net pay from logging results.

Going to be fun. Theta West has over 1000 feet of pay and expect 200p to be broken.

[johnswan193] 07/2/2022 10:30

I think possibly even more Jonny. If the logs are good and announced before flow test we could get close to 200p already.

[ngms27] 07/2/2022 10:25

So if the BFF flows over 100 bopd from Theta West with improved reservoir characteristics and much larger reservoir package, what price then? 200p?