Pantheon Resources Share Discussion Threads

[pro_s2009] 27/5/2022 10:24

Well, its looking very weak now.

Next week is a short 3 day week (2 bank holidays) and so there will be general market and stock selling off before the long holiday weekend.

Question is, will it break below the 200 day MA........and if it does, will it stop in the 80's or hit the 70's ?

[rafthorney] 27/5/2022 10:15

never thought we would be below a quid again! Gonads of steel time

[maxxy1] 27/5/2022 10:04

Tbh PROtard's rhetorics have become so boring, that I don't even want to have little fun with him. So sad he is speaking to himself in his boards. Yawwwwn lol

[dan de lion] 27/5/2022 09:43

Being a UK traded share, would the 91% tax relief on new drilling be applicable to PANR?

[pro_s2009] 27/5/2022 09:24

L2 looking very weak.....

[madd_rip] 27/5/2022 09:23

Go jump in the Hong Kong harbour, you nob

[pannikin] 27/5/2022 09:11

Are you back in now then GG, or still keeping your powder dry?

[pro_s2009] 27/5/2022 09:09

And if Alkaid fails to flow well, and the decline rate is very high, prepare for 20p - back to where it was not so long ago.

As succulently put by Alex........ bad geology always wins in the end..........

[gorgeousgeorge01] 27/5/2022 08:57

An excellent take down by Scot. For my part, I've been a little quiet on Pantheon, having been engaged in battles elsewhere...

That said, let's be frank about this. We know that AIM stocks are bubble prone. Pantheon exceeded a billion market cap. The few thousand strong and true investors in the company believe in what we have, but the teeming masses have no idea and they never will. We certainly have to counter the bear narrative, it's a matter of prudence and duty. But it won't be long before Alkaid#2 reveals much. Then Talitha, then the mighty Theta West. If we are right, and I believe we are, then all we have to do is play the long game. Take some profits - I do and I make no secret of it and I never have. But keep your eye on the ultimate prize. My range is anything from £6.60 to £10.93 p/s. It's as good a stab as any. It won't be tomorrow. But if we are right, it could be 18 months away. On the other hand it could be two years away or even three. Who knows? In the meantime, take your time and enjoy the ride.

[dhb368] 27/5/2022 08:46

Thanks Darcon

The Explorers 2022 pdf "Great Bear Pantheon takes the lead this winter" can be accessed directly here, page 49.

[darcon] 27/5/2022 08:26

There are several articles in today's issue of Petroleum News relevant to the PANR story:



1. - "Explorers 2022: Great Bear Pantheon takes the lead this winter - Small joint venture testing three onshore prospects in the central North Slope." by Eric Lidji (a subscription to Petroleum News is necessary to access this story - $89 per year)

2. - "Pantheon secures rig; Alkaid 2 on schedule" by Kay Cashman (full text is accessible through this link)


Note also the following article in today's Petroleum News which refers to growing and material interest from majors in buying into the Pikka project. This bodes well for future third party interest in Pantheon's projects which are closer to pipeline and transportation infrastructure:

- "Oil patch insider: US majors interested in Pikka stake" by Kay Cashman (a subscription is necessary to access this story).


If you haven't done so already I recommend reading jamesdiego14's excellent post from several weeks back on Reddit which looked at six potential acquires for Pantheon's projects. His research in that post will help set the context in which you may fit this update in Petroleum News on progress being made with the Pikka sale by Santos/Oil Search:

[gorgeousgeorge01] 27/5/2022 08:13

When will we learn that market prices bear little relation to fundamental values? AIM stocks are bubble prone and narrative driven. At the moment, the bears have it. So what? Pantheon is still a 14 bagger from the trough of 2020 to today. Those who have taken some profits along the way are now sitting pretty. The shorters can say whatever they like - they won't undermine those realised gains. Neither will they prevent them from being redeployed at an appropriate moment.

[trigger blade] 27/5/2022 08:10

So, to summarise Madd_RIP, would it be fair to say you’re not a Pro fan?

[rabito79] 27/5/2022 08:00

Alex, appears to be much like you Pro. In his two points he made the other day, one was that there was only one IER, a point that is simply factually incorrect. A point that you have repeated also.When you quite calmly point out it's misinformation there is no retrace or acknowledgement much like yourself.

[pannikin] 27/5/2022 07:44

Alex Stahel is only interested in current cash generating stocks. Exploration is not his choice of investment nor his skill set. His comparison to HUR and Trice are way off and show that he has not actually looked at the geology at all. There is risk here, but the r/r is very compelling given results so far, and especially at the current share price

[evilblues] 27/5/2022 07:41

Hmm. Hur is currently producing 9000bpd.

[fenton1234] 27/5/2022 07:40

Pro
Really not sure what you read but I found it balanced the question is when are you buying back in ? As a trader you tend to have z view based on position

[pro_s2009] 27/5/2022 07:35

When you look at some of the comments and anger and ire all pointed at Alex Stahel on Twitter after he took down PANR and said its very much like HUR, and could all be hot air and no real good commercial results end of the day.

He was right to comment that a large amount of PANR holders are now in like a "CULT"......... and that is a very big red flag in itself when you get this "CULT" like behavior.

Its evident all over the place now.