Pantheon Resources Share Discussion Threads

[huntman] 03/1/2023 07:20

RNS of the Q&A now out as well.

[padamster] 03/1/2023 07:15

Well done PANR for providing clarity on the RNS. I see PRO is trying hard to support his agenda. Looks like his 100% trading error record is to remain

[bones698] 03/1/2023 07:15

Mlf let's not forget you thought Fridays RNs was great news and thought the price would go up .
Don't think anyone is interested in anything u have to say anymore . Shown yourself to be clueless

[mlf51] 03/1/2023 07:07

Fantastic move by the company should calm the nerves of nervous holders. Obviously this lot will ignore it and carry on with the doom and gloom, onwards and upwards.

[pro_s2009] 03/1/2023 06:01

forwood, you state "Schlumberger"..........

Have Schlumberger said if the projects are commercial or not ?

Have Schlumberger given a recoverable barrels figure - a reserves figure ?


Now we all know there is lots of oil there, thats never been in question, the question is cannot be recovered economically ? The latest "gas" revelations certainly thrown more questions that way as that gas will make things more expensive to produce.

I think all Schlumberger have done is confirmed that the Oil In Place, which nobody was questioning anyway.........is in fact there. Thats nothing new.........

Its akin imo to me saying the Oceans of the World have Salt in them.........

The questions surrounding PANR and Alaska is as per Texas........ have they got a lot of non-commercially recoverable oil ?

IMO not giving more details in a legally covered RNS, but then giving them on a website Q&A is very.......well.........should not go down well in anyones book. if there are facts to be released.......then release them in an RNS.

Dont waffle on a website...........say it in the RNS or dont say anything.

A lot of people have grown even more suspicious now.......and also a lot of people have grown even more concerned given the likely significant increase in cost dealing with the gas and low oil flow rates will means to thresholds for any commercial development.

Water cut.........

Gas.........

Low flow rates........


In Oct in an official RNS they said........we will know pretty well after 40%+ clean up..........now the goal posts are moved to 60% clean up...... WHY ?


Oct 2022



.......The operations to date have recovered approximately 10% of the frac fluid used, with oil cuts averaging from 8% to 12%. Typically, a better indication of ultimate production performance can be ascertained after recovering over 40% of the frac fluid, which the Company expects to achieve over the coming weeks..........


Dec 2022



.......A: The potential of Alkaid remains very much intact. As stated above, we are only 40% through the clean-up phase and believe we need to get to 60% to get a true feel for the well’s potential. ............





What next ? Change from 60% to 80%.........then to 90%................All this fluffy talk, now water cut , now gas, now condensates, now 60% clean up.......moving goal posts..........all seems very much similar in some ways to the Texas scenario which all ended in tears..........



In summary.......when someone says they need to "educate" shareholders, to me thats a big SELL signal and "run away"...........




Webinar

Q: Do you plan a webinar to explain your thoughts on Alkaid so far?

A: Yes, we’re planning a webinar at some point over the next fortnight or so and will advise of precise details as soon as available. Normally we would wait until flow testing operations have been completed when data is of greatest integrity, however it is important that we continue to educate shareholders on what we have so far.



I dont think the shorts will be scared........I think they will be piling on more and more in the weeks ahead and looking to close into a discounted fundraising..........

Just imo......DYOR....... :)

[tizo100] 03/1/2023 02:42

Wakey Wakey LONGS this should start back on the way up today. This should shove it up the shorts for a while yee ahh

[pro_s2009] 03/1/2023 00:37

Pantheon Resources Crashes On Well Result And Cash Burn, But There Is More Downside Potential

Jan. 02, 2023 12:52 PM ETPantheon Resources Plc (PTHRF)

Summary

Pantheon stock nearly halved on a well result below expectations.

The company's cash position was also below expectations, requiring financing or asset sales to fund additional exploration drilling.

The recent land sale, prior to this well result, implies a low asset value and significant downside to the stock.


Pantheon Resources (OTCQX:PTHRF) had a disappointing well result and financials, disclosing both on the last day of the year, sending the stock down almost 50%. Pantheon has been a battleground stock, with a number of mostly anonymous promoters pushing the stock on social media and several famous short sellers disclosing short positi......................read more on the link

[echoridge] 02/1/2023 23:52

Pantheon have provided a Q&A on Alkaid 2's OU. Also Webinar in the next 2 weeks,

[thebull8] 02/1/2023 23:37

Something tells me you are Mrs Tina

[thebull8] 02/1/2023 23:34

What are my credentials....I have made money on the O&G industries every year for the past 20 years almost exclusively.I have found oil experts make very poor investors

[bones698] 02/1/2023 21:16

And that's it in a nutshell despite all the noise . Oh and a 320m mkt cap still . Which way will it go hmmm

[gregpeck7] 02/1/2023 19:52

I mean considering they have a non commercial well and no money. This is going down.

[kirk 6] 02/1/2023 19:34

Closed at 0.59 usd on the American exchange so no doubt open up but could go anywhere

[bones698] 02/1/2023 19:30

I expect a 40p open and another down day tbh after bad news shares tendbto continue falling the day after plus with a 320m mkt cap still inthink it's still grossly overvalued imo

[kirk 6] 02/1/2023 19:01

So a 48p open was looking to buy back in from fridays profits but will wait if it opens in high 40s

[kemche] 02/1/2023 18:39

If Barry is invested here it is only going one way.