Pantheon Resources Share Discussion Threads

[mrm2015] 18/2/2020 18:44

The company needs to stick to its promises and relist the shares. The fact that this even happened is embarrassing to say the least. If they do not relist this week, it is yet more evidence they fail to repeatedly meet deadlines further undermining their credibility.

[stupmy] 18/2/2020 18:14

In the meantime, I've got some dutch courage up with a glass of shandy So Scots a nob!

[soulsauce] 18/2/2020 17:37

Lol. But surely with all this massive value accretion there will be folk waiting on the sidelines to get in and not selling to cover margins. Those sorts of things can be ongoing and there may be something worse down the line, we just don't know. Get relisted and let market mechanics work.

[stupmy] 18/2/2020 17:36

Whose body will Nettles be looking for?

[davidblack] 18/2/2020 16:54

Yes but they are fully within the legal obligations under the Companies Acts at this point. Anyway I am happy to see it remain suspended as I am watching a succession of decent oil stocks coming under Significant selling pressure because of margin calls on Hurricane and Tullow in particular. Margin traders create chaos for other companies when things don’t work out! Better that Pantheon stands apart from this margin contagion and hopefully we can have an upward revalued share in quieter times.

[soulsauce] 18/2/2020 16:40

Exactly required to be published by law and so they should be at the earliest possible and shares relisted. I really do not understand your thinking of keeping this suspended. You obviously don't have a lot of confidence in the presentation and valuation of what the company have in Alaska nor the words of the BB guru who says this will 'gap up'. They can not keep it suspended indefinitely and you do not know how long the market is going to remain bearish. The whole idea is nonsense.

[davidblack] 18/2/2020 16:26

Soulsauce they are accounts under the historical cost convention as required by law. You could make a decent stab at them yourself with the publicly available information. Not that there would be much point. Nowhere in them do they contain what Alaska is actually worth post the Alkaid testing or the eseis work. That’s all post acquisition and any upward changes there are merely about additional costs incurred not actual benefits. So whilst it’s a legal requirement it tells us virtually sod all about the company going forward. Now the presentation after the meeting and the Q&A? Well that has value.

[chuffer2] 18/2/2020 16:25

I was thinking of doing a midsummer bbq at my house to celebrate Pantheons achievements,all invited. Already asked Jay who thought it was an excellent idea and he suggested the 31st of December which is a Tuesday l think. Bring a bottle and l will see if l can get John Nettles to be guest speaker

[stupmy] 18/2/2020 16:18

Not hearing a lot from the sheriff of late, let's see if this bring him out. Scots a nob!

[stupmy] 18/2/2020 16:18

Not hearing a lot from the sheriff of late, let's see if this bring him out

[roddyb] 18/2/2020 15:47

Blimey! I sat here with PANR doing a swan dive - this suspension is the best performance its enjoyed in ages.

[soulsauce] 18/2/2020 15:45

Well apart from the longer this is suspended the more incompetent it makes the company look, and what if the market continues to deteriorate in the shadow of coronavirus. Are you happy to sit with your money here for another 2yrs doing nothing? I am not. And the anointed one says this is going to gap up anyway on relisting 😉

[davidblack] 18/2/2020 15:16

Why? What would the benefit be at this time?

[soulsauce] 18/2/2020 13:22

LOL Stumpy, go to the back of the class ;-)

[stupmy] 18/2/2020 12:30

Should have perhaps asked 'Permission to post?'

[stupmy] 18/2/2020 12:30

Sorry, forgot to add 'IMHO'

[stupmy] 18/2/2020 12:29

I think you've no choice tu to wait for the RNS Astral, just let it go until they give us news.

[astralvision] 18/2/2020 12:02

Deleted post. Will just wait quietly for the results!

[stupmy] 18/2/2020 11:27

Obviously 'IMHO'

[stupmy] 18/2/2020 11:26

It would seem that they only deal directly with 'the law'