Pantheon Resources Share Discussion Threads

[pro_s2009] 19/5/2022 09:14

I openly admit I lost on EME. No worries about it. Nothing to hide.

I am quite happy to admit any fess ups.........nobody is perfect and anyone who claims to be is a liar.

[evilblues] 19/5/2022 09:13

And I'd imagine without one.

[bulltradept] 19/5/2022 09:12

You'd have more credibility if you fess up to mistakes you've made. Otherwise you are a narcissist with a keyboard.

[pro_s2009] 19/5/2022 09:09

I am a buyer of PANR at 79p Rabito, I think thats maybe where its heading and heading sooner or later.

We shall see if it hits that in due course in the days and weeks ahead and months ahead.

Next real news is Alkaid-2 drilling results in September........if spud is done in July.

Thats a long time with no news and a bear market brewing.......... I still think we will see DOW at 24,000 before things settle down.

[rabito79] 19/5/2022 09:04

Yes well done on calling the Peel Hunt note Pro. I note they use the term CPR in their note instead of IER. So perhaps the differences are not as significant as you allude.Of course peel hunt also intimate to ignore independent experts bu there you go.

[maxxy1] 19/5/2022 09:00

Fundamentals hasn't changed, and oil price still in excess of 100 USD. Don't see any immediate threat towards anything. Few here selling lies to get in cheap or manipulate. Who cares. TXP to 60p!!!!

[winner66] 19/5/2022 08:55

A lot of people have lost a lot of money at the very least on paper. Consider the number of buys in excess of 120p over the last 6 months. Huge dent in confidence, that’s part of the problem. Either they will be selling at a loss or feeling less than confident.

[fs360] 19/5/2022 08:50

What's happened here, has Pro bought in?

[pro_s2009] 19/5/2022 08:47

If the Bond holder is in a rush, as expected, to make as much profit on the shares sales as possible before the DOW/FTSE collapse.........they will short sell this down to 79p

Lets see if 79p is the new target for the share price to go down to.

110p hit.
90's hit.

80's next ?

[winner66] 19/5/2022 08:46

Buying in the ill timed and therefore heavily discounted placing . Yes they have. That’s not support of a collapse in a share price is it . ie the market is wrong and our belief is correct attitude from the directors would bring confidence.

[pro_s2009] 19/5/2022 08:44

Now into the 90's as I said it would, will support at 100p hold ?

Or will the Bond holder short this down to 78p and do as big a conversion as they can forward sell in May, in June ?

It was all so predictable............

[smd_oz] 19/5/2022 08:43

Small holders panicking, large holders buying. Small volume amounts.

I'm happy to back Ed Duncan, Roger Young, Mike Smith and 2 Brokers over 1 broker who has just initiated coverage.

Each to their own though.

[padamster] 19/5/2022 08:42

Winner have you been in a cave for the last 2 years. The directors have been buying in the placings. Are you part of the NGMS/pro gang

[dv01] 19/5/2022 08:42

I wouldn't say freefall, the broader market is selling off, and is down over 20% from the highs. There is a repricing of the whole market going on. Pantheon have outperformed massively and short term traders are banking gains. Nothing to worry about for LTH in my view.

[bulltradept] 19/5/2022 08:42

A lot of this is macro not micro. Look at all the markets.

[winner66] 19/5/2022 08:37

A free fall . How tragic that confidence is so fragile . Faith lost it would seem . Confidence gained if our directors purchase shares . All of them . Put money where their belief is. If not hmmm

[bulltradept] 19/5/2022 08:20

Is now the time for this tune?

[winner66] 19/5/2022 08:13

The debates are very interesting. There is coverage by 3 brokers . 2 are positive, 1 is negative. Of the positives 1 is the Nomad the other earns a fee for research note releases. The negative ie peel hunt have nothing to gain by there coverage . One things for sure the share price response is 25 percent fall . In fact if you look at the share price from 1 month ago it’s a 25 percent fall. Given the positives it looks over done , however the negative view point would be there’s further to fall. In my opinion the derisking of the winter campaign vs the cost of that campaign is imbalanced. To much cost vs where it puts us . Ultimately we are a very small company with potentially huge assets , but it remains potential.

[pannikin] 19/5/2022 08:03

PROS, if you are only just moving to cash, you are 3 months too late. You should have done that in February......The US markets have already fallen by 20% and most bear sector stocks by way more than that. Most are now waiting for a confirmation of a bottom or at least continuing to add to bull sector stocks, energy being one. Your timing is impeccable again.

[smd_oz] 19/5/2022 07:42

I reckon Peel are still annoyed they knocked back being the NOMAB advisor to Pantheon 18 months ago when the share price 18 pence. Missed out on a 800% return, I'd be vindictive too.

[darcon] 19/5/2022 07:40

sandcrab2 - Peel Hunt have a Risked NAV of 252p. Peel Hunt's target price of 50p is predicated on Pantheon failing on their forthcoming drilling/testing of Alkaid-2. If Pantheon succeed then Peel Hunt will have to revise their target price and presumably will also have to adjust their Risked NAV which assumes a very low chance of development of Pantheon's assets.

[darcon] 19/5/2022 07:37

Note that Peel Hunt's Risked Value of 252p at a 10% discount rate is highly sensitive to the oil price. Peel Hunt note that "a US$5/bbl change in long-term WTI from our base case changes Risked NAV by 30p (12%)".

Peel Hunt's valuation assumes that the long-term WTI will drop to $65/bbl (for those looking for some support for why oil could fall back to $65 look here: Another argument is that oil will fall as recession hits oil demand and we see a repeat of what happened when Covid struck.

For those who are sceptical of that view look here:

[mlf51] 19/5/2022 07:34

I hope you don't mind but I have posted your analysis on lse as it may calm a few nerves.