Pantheon Resources Share Discussion Threads

[soggy] 11/2/2022 06:48

Friday RNS anyone? Ladies and gentlemen, the wheel is about to spin...

[adxwasere] 11/2/2022 03:51

@Madd_Ripp Just finished reading you tearing into people on Reddit. Also after seeing you on here. Just actually wondering what you contribute. Could you try to treat people with respect and a little understanding? I laughed it off on here but actually Your a bit of a bully but when someone asks you a question you seem to palm it off? Think Soggy had it correct in his war n peace. Anyway that's how i feel take it or leave it. Sorry to say it. :) RNS soon hopefully moving on.

[chris0805] 11/2/2022 02:44

Good stuff, makes sense!

[westx] 11/2/2022 00:17

Having been active in wildcatting last $35 years finding oil has always been more important than oil prices. Good reserves always make bank ;)

[ashortsharpshock] 10/2/2022 22:17

Have lurked here for about 2 1/2 years but have just registered tonight.Was a HNW investor then but thanks to the geology of PANR's 153k acreage as well as massively helpful input from Scot126, Mr Darcon, Telemachus and several others I have retained, in its entirety, my early core holding and am now well into the UHNW investor classification. Praise the Lord!

I am a very nervous private investor but lay great weight on neural networks. What for me was a strategy of sell the jumps (edit: only at the margin) has become buy the dips. The fundamental news from the company is improving (partly thanks to the BoD's prudent approach) and that augurs well for the future.

Wishing all fellow investors success in this investment.Potentially a once in a decade play.

[scot126] 10/2/2022 22:05

Alaska West Coast price per barrel on 8/2/22 was $91.46 v's Brent at $90.78

[yoghurt73] 10/2/2022 20:18

One for you too then RideACH

Charlie Munger Leaves the Audience SPEECHLESS

[darcon] 10/2/2022 20:18

On the subject of markets they've been elevated for quite some time owing to Central Bank largesse. John Hussman writes regularly about the US markets' present over-valuation: So a Russia/Ukraine + Russia vs west conflict(s) could become their tipping point, but the reduction and/or withdrawal of Central Bank stimulus largesse could be another possibility.

I'm sure Pantheon would survive (it's good they raised extra capital recently so they'll be in a better position to weather any market volatility under any scenario), but would its share price? As we know Pantheon's projects are very oil-price sensitive. Either Canaccord or WHI mentioned a 4pence per $1 change impact in one of their research reports. So if the oil price falls then all else being equal Pantheon's stock would fall too. However, if Pantheon successfully de-risks several billion barrels of resource, then all things will not be equal and that additional de-risked resource ought to compensate and still leave us with a higher price under most lower oil price scenarios.

If I were to rank risks/potential price impacts like johnswan193 with respect to Pantheon stock then I'd agree that the de-risking of Pantheon's multi-billion resource is higher up my risk scale than a Russian invasion of Ukraine. But it's for each of us to make their own risk assessment depending upon the time-frame in which we're investing/trading Pantheon stock.

No numbers have been given for the SFS so I don't think a failure there would be particularly impactful to the share price given we have the BFFs at Theta West, SMD at Talitha and Alkaid 2nd well results still to look forward to.

[rideacockhorse] 10/2/2022 19:27

I don't know about anyone else but I suddenly have a great sense of calm and serenity about me. How odd. I'm all in here. Vive la PANR! Next week...GLA.

[johnswan193] 10/2/2022 19:21

Forget about what impact a Russian invasion would have. The only thing that’s important is that we prove what we have and the wells flow. Failure with any zone will be much more impactful to the share price than a Russian invasion. In the success case I’d expect any Russian impact to be minimal.

[chessman2] 10/2/2022 19:13

Darcon,

Many thanks for your post here which is most welcome.

I agree with your first answer which is the share price of PANR should go up. Markets could tank as you suggest but I like to think that PANR would survive any fall.

With a bit of luck JOG will go up as well!!

[darcon] 10/2/2022 19:05

josully1950,

The UK broadened its criteria for Russian sanctions today:

But you don't need to worry. Pantheon is not at risk of being hit by UK sanctions.

Joking aside tough sanctions are expected to follow against a number of sectors of the Russian economy in such a scenario. To get an idea you may read articles written by those who helped design the sanctions during Obama's presidency. For example:

Russia may also retaliate with counter-measures to restrict various natural resources it sells to the west. That may harm some western economies or western companies.

Oilprice recently reported on a JPMorgan forecast of oil prices potentially reaching $120 in such an escalation scenario:

What would that do to PANR's share price?

If the long-term oil price goes up, then all things being equal it ought to make PANR more attractive as an investment and the price ought to go up.

But a major conflict may be harmful to both demand and sentiment globally, which may in turn cause markets to tank and that in turn may result in an economic shock and falls to demand and falls in the oil price in turn leading to a fall in PANR's share price.

How such a scenario would play out exactly is subject to uncertainty.

[josully1950] 10/2/2022 19:03

I suspect that Soggy is correct and thank 'the Lord' that our wells are in the USA

[soggy] 10/2/2022 18:55

Josully- Immediately I would expect all markets and all stocks to plummet. Despite the obvious benefit to oil & gas stocks I would expect them also, including PANR, to fall significantly.

In due course some shares, and PANR should be among them, will bounce back.

Markets hate any uncertainty and get sold off immediately to protect capital.

AIMHO

[ride daice] 10/2/2022 18:54

chessman210 Feb '22 - 17:55 - 22470 of 22473

"His knowledge surpasses quite a few posters here."

God give me strength.

[nascarmike1] 10/2/2022 18:47

Korky where have you been?

[mlf51] 10/2/2022 18:46

What are your thoughts

[josully1950] 10/2/2022 18:33

Any thoughts about what happens to the share price if the Russians invade Ukraine??

[chessman2] 10/2/2022 17:55

Ngms is at times very logical and therefore worth listening to. His knowledge surpasses quite a few posters here.

Anyway I’m hoping for news tomorrow otherwise it will be Monday. And I’m optimistic as usual, as I am with my other holdings.




P

[michaelsadvfn] 10/2/2022 17:46

No ngms types allowed on the Guild.

So refreshing.

[korkybucheck] 10/2/2022 17:36

Pejaten- Let's just say that this well is far less exploratory in nature than Talitha. Oil is "ALMOST" certain to be there. I imagine they will wait for flow test results to make an announcement.