Pantheon Resources Share Discussion Threads

[cazaman] 03/1/2023 16:43

This will delist soon, a familiar pattern with failed aim minnows

[evilblues] 03/1/2023 16:36

Golly. What an odious, rubber necking little cretin you must be to share company with.

[bones698] 03/1/2023 16:33

Why would anyone bid for this . Big companies walked away from Alaska the drill results have been shocking . There is little of worth here the oil is looking very problematic to get out the ground and isn't exactly producing huge amounts .

I don't see anyone bidding for this at all infact I see it going lower as the financials become more critical and they need to raise money at ever lower prices . Death spiral to some degree and the longer they leave raising money the worse it will get .

Happy to sit and watch this disaster unfold and glad I dont hold it .

[zen12] 03/1/2023 16:26

Shorters closing or get hit tomorrow!

[kemche] 03/1/2023 16:04

Classic treeshake to allow Barry to buy up all the cheap shares.

[truant2tb1] 03/1/2023 15:55

There is nothing to farm out, apart from Jay's dry cleaning

Mug punters have been rinsed here, fair warning has been given all the way through

[hpcg] 03/1/2023 15:54

I suspect there is a decent inverse correlation between those who write DYOR or about doing their own research, and the amount of research actually done.

[bulltradept] 03/1/2023 15:54

Zen12,

I'll accept your apology.

[bad gateway] 03/1/2023 15:52

Placing or farmout according to the going concern section of the results Zen.
As you posted we can all do our own research..

"Going concern
The Company intends to complete either a farmout and/or other funding arrangement in the first half of 2023 to have sufficient resources for the anticipated 2023 drilling and testing campaign and for ongoing working capital"

and from the operational update..

"These initial positive testing results have increased our confidence in pursuing an Alkaid #3 well, subject to funding,"

[zen12] 03/1/2023 15:46

Nope, keep deramping no one's listening as most of us can do our own research!

[bulltradept] 03/1/2023 15:45

Are you for real?

Did the Christmas RNS not hint at fund raising?

[zen12] 03/1/2023 15:44

No new shares, derampers making up stories...no bases!

[bulltradept] 03/1/2023 15:42

Whether we like it or not, Mr Market ain't happy!

What price the new shares?

Be silly to add more if the dilution is like numerous other AIM Oilers.

GLA.

[miti 1000] 03/1/2023 15:38

Do you have to be a lemming to join the guild ?

[hpcg] 03/1/2023 15:30

It is probably round about now that it starts to get a bit nasty within the guild. Those that know nothing about the upstream oil industry will want some answers. Meanwhile at least some of the knowledgeable posters will be working out their positions.

Unfortunately terrible decision by me this morning to close. I worked 40% back on above 50 but its costing me dollar now. I too thought it might make a run up to 60p on the hope the clean up would make much of a difference. Instead it is back to a 3 handle. I should have doubled up.

Maths problem: UK standard water pressure is 10m head, from which a single tap should flow at 9l per minute. How many barrels of water could a single tap produce per day?

[truant2tb1] 03/1/2023 15:27

waterpolo

How are you doing my old mucker? Fantastic see you in 2023 a newly minted bagholder.

Congrats :)