Pantheon Resources Share Discussion Threads

[red squirrel] 30/3/2022 22:02

Posted up by Mokko on Twitter referencing a YouTube presentation by SteveyCheckers. An introduction to Pantheon covering current status, the relationship with Icewine acreage, and the forthcoming summer Alkaid opportunity.

[bobbiedazzler] 30/3/2022 18:37

Weather Channel has high winds for Deadhorse, but no snow expected for 10 days

[forwood] 30/3/2022 17:17

I think some of you are being a bit harsh. Making 30% or more on a share in 24 hours is fantastic, whatever it is. Wish I had!

[sporazene2] 30/3/2022 17:12

40% of what Bryan_Davis1973? If you are playing that with anything other than beer money you need your head examining.

[pannikin] 30/3/2022 17:06

I wouldn't touch a trade like that. That stock is dead and could just have easily gone sub 0.5. If you did make money it was more like 20% and you got lucky.

[bryan_davis1973] 30/3/2022 16:55

Phsar any body could have made the 40% a lot of us did. It was easy to buy and sell and if you listened you could have got it too. It’s called trading

Bryan

[total return] 30/3/2022 16:15

Private Equity warming up to Oil & Gas:

hxxps://oilprice.com/Energy/Crude-Oil/Triple-Digit-Oil-Prices-Leave-Private-Equity-Investors-Wanting-More.html

[sirmark] 30/3/2022 16:13

your first tick up from me for a while NGMS

[ngms27] 30/3/2022 16:09

If they didn't want to continue the test they would have said they are packing up and leaving. Clearly they want to continue testing, get the well cleaned up to see what it's capable of delivering etc.

[probabilityofsuccess] 30/3/2022 16:07

“I read the latest RNS again and I get the feeling they already have all the data they need so starting test again would be an unnesecary cost and risk. But I hope I am wrong.”

What do you hope you are wrong about? Your feeling they have enough data or your feeling that they don’t want to be exposed to cost and risk? ….or both? Thanks

[phsarkandalpp] 30/3/2022 15:21

Get lost, Bryan Pumper Davis. 40%? 4% if you were lucky - taking the spread into account, and assuming you bought and sold at exactly the right times (to the second).

[metalbee] 30/3/2022 14:13

Drilling issues were within contingency, so I'm not expecting any material cost blow out.

You don't keep equipment on site, paying for it, unless you plan on using it if possible.

An analyst can extrapolate based on reduced datasets and make assumptions, but it is always preferred that a more complete suite of data is provided.

What is this dribble, really? It's like listening to my 3 year old try to tell me a ghost story she is making up as she goes along.

[bryan_davis1973] 30/3/2022 14:09

I hope some of you read my message yesterday and acted on it 88 energy up 40% today. It was a wonderful and rare opportunity

Bryan

[zeusfurla] 30/3/2022 14:06

Another reason not to re-enter if they have sufficient information could be to preserve cash for a 2nd Alkaid drill. That would be prudent conservation of cash. Costs may have been a little higher than planned due to drilling issues this Winter.

[padamster] 30/3/2022 14:00

Totally agree Unabkxb, which is why it would not be surprising if they did not try and re enter

[dannybeck] 30/3/2022 13:31

https://www.fool.co.uk/2022/03/30/why-the-pantheon-resources-panr-share-price-may-just-keep-going-higher/

[unabkxb] 30/3/2022 13:30

I read the latest RNS again and I get the feeling they already have all the data they need so starting test again would be an unnesecary cost and risk. But I hope I am wrong.

[brian boru] 30/3/2022 13:12

Keep in mind that the interims could land any day now - last year they were announced on 30th March when the share price was circa 31p

Just shows the progress made and hopefully BOD will announce further test at TW shortly!

Gla

[sherlock13] 30/3/2022 12:43

Looking at BBC Weather App it shows Deadhorse forecast which is pretty close to the drilling locations. This forecast currently shows high winds ending on Friday with then what currently appears to be a nice long operating window..

[chris0805] 30/3/2022 12:30

On the subject of a unitised TW, can the existing Talitha Unit be expanded, adding the TW acres as the BFF appears to be proved up a being the same formation?? Presumably this could be an easier route?? GLA C

[zeusfurla] 30/3/2022 10:40

One further significant difference from last year is that Farallon sold over 20% of the value of PANR into the market. That stock is no longer available. Any positive news is likely to see good share price strength given that most short-term traders have left the building and most long-term holders will have top-sliced by now. I don't see much more selling volume in the short-term even if we have no more activity on the North Slope. Bond holders may sell over the next year but this is far less volume than Farallon sold. Much more upside to come.

Risk remains but thinking back to a year ago, it has surely diminished significantly. The uncertainty for me is how much oil can be recovered not whether it will happen or not. Each appraisal well will reduce the range of possible outcomes. Even making conservative assumptions, we remain undervalued. And with oil prices not yet at their peak, the outlook is positive.

On wider commodity markets I remain surprised that despite gains this year market participants still don't get it. We are in the foothills of a switch out of frothy tech stocks into real assets. It is hard to break investing habits of a decade but it will happen gradually this year.

As ever, patience is the biggest asset that PI's have and we should use it well.

[bulltradept] 30/3/2022 10:30

As is always the case (usually), with E&P companies, there are numerous opinions while awaiting results. This usually ensures bad actors / algos can and will sow seeds of doubt into the minds of investors.

It is personally something I couldn't get used to. I note someone stated earlier a couple of days ago that they found trading too stressful, for me it is the exact opposite!

I suppose we are all different in our time horizons and our risk tolerances. Not quite sure where I was going with this apart from to say good luck all.

[cbaron1] 30/3/2022 09:55

@25080
That's long list of caveats that will take a great deal of realisation to achieve your fanciful projection, from where we currently sit?