Pantheon Resources Share Discussion Threads

[mike290] 04/1/2023 16:27

Hi Rabito,

ps. in relation to your recent comment

"Currently considering the below option too.




I have no qualms about reporting a crime in progress (despite what others think).
I have done so before.

Regards, Mike

[references] 04/1/2023 15:50

I haven’t made comments ramping this stock, although I clearly have an interest. I am however keen to flag you and others for the sinister way you pretend to be some sort of bizarre savers of long souls, which is so obviously a pathetic smokescreen for your decamping, or else you are simply sad rubber neckers, imbetween watching your daytime TV and other saddo behaviour.

[forwood] 04/1/2023 15:30

hcpc - sorry if the personal intrudes on your view of the business. Focusing on those:

1. The performance of the well.

In the circumstances of a frac gone wrong (and this happens more frequently than many seem to think), I'd characterise well performance as good. 500 sellable boe with only 755 of the lateral operational, 40% frac fluid returned and the pressures being managed sub-optimally so as not to make it worse before remediation is good. The oil experts believe it will certainly be commercial once the workover rig has done its bit.

2. The costs to develop the field, if that is even viable.

If by that you mean 30+ wells as indicated by plans, then no, not without a big buy in partner. If you mean running the existing flow test to the end of the year then I believe they have enough, particularly if they can continue to sell the product. A successful test is likely to attract a buy in partner, so this may not be an issue.

3. The access to money that the company has to develop the field.

See above. I don't know why you think current oil prices makes this unviable. NPV10 for Alkaid at $80 a barrel was put at $13.60 in the April webinar, though I have seen higher figures quoted. That's $10,000 a day if they achieve 750 boe.

[padamster] 04/1/2023 15:14

Remember folks - PANR have hit a huge petroleum system 😊 and it’s not just them that’s saying it but a number of large reputable third parties 😊

[evilblues] 04/1/2023 14:52

Except you don't provide balance do you. You're like a 2nd rate back bencher jeering and leering depending on which way the wind blows. Your posts are overwritten bunkum with the same level of lazy, misinformed 'research' as an 'article' from the Daily Mail. An angry, dull little ball sack of an Englander you are Bones.

[padamster] 04/1/2023 14:50

Cor blimey guv- anyone Helpful enough to give some free stock charts 😂

[bones698] 04/1/2023 14:40

Yes as is your ramping and making up stories to try and justify your poor investing decisions . And you wonder why you get laughed at when you get it wrong tbh . Vile obnoxious people who are happy to lead oghersnup the garden path and lose them money aswell . Yet when we come and try to provide balance we are scum and shorters even though we get it right far more than the vast majority . That's the thing with aim and small caps 90%will end up losing investors money ,the odds are always in our facour yet so many investors all believe their share is a winner .

Seen plenty of it over a very long period and when it goes wrong so many who were ramping disappear without a trace . Then there are the ones still in denial which is even worse as they make themselves look complete fools flogging a dead horse .

I'm happy to see how this unfolds from here and remain skeptical of the chances of success esepcually in the long run . Wether it gets that far we will see .

Expected a bit of a recovery today things don't go down in staright lines . Relief rally then back to 40p imo

[hpcg] 04/1/2023 14:31

I'm not sure why there is any discussion of posters, posts or message boards in general. Nor reports, the words or opinions of experts. There are only 3 things that matter:

1. The performance of the well.
2. The costs to develop the field, if that is even viable.
3. The access to money that the company has to develop the field.
(4. HC prices - but no one knows where they are going so we can do nothing but observe the current strip)

The performance of the well is bad and the frac has not really worked. In the pre-drill presentation they emphasise conservative assumption and optimism for upside. Developing the field is not viable at these oil prices and only at higher prices if production is sustained. There plan for 10000ft laterals probably isn't feasible at all. Thus access to money isn't there and they will need an equity raise for any further steps. The winter and summer 2023 plans look fanciful.

[forwood] 04/1/2023 14:27

jaknife, for someone who denies that you have to undermine people's views, you appear to spend an awful lot of time doing precisely that :-)

thebull back to the drawing board. I'm long retired, and have little need to prove myself. I'm not a genius but I do score extremely high on analytic ability.

bulltradept, short sellers are scumbags. Been one myself. I still do go short on CFDs where the counterparty is my broker but they mostly on the ftse or SP500. I will equally go long. I don't subscribe to the notion that shorting is an OK activity and contributes to efficient markets. I think there's a lot of skullduggery involved, cf the initiation and promotion of the short side in PANR. Shorting pitches groups of investors against one another and mainly for that reason I disapprove and think we would all be better off without it.

[sirmark] 04/1/2023 14:21

MM Update

Not much now between the mm's I expect them to move very quickly of the offer.

45.7 15,000 ARDA 11:03
46 15,000 WINS 10:59
47.22 15,000 PEEL 14:17
47.22 15,000 STFL 14:17
47.22 15,000 MREX 14:19
47.26 15,000 SCAP 14:18
47.26 15,000 INV. 14:18
47.26 15,000 SING 14:18
47.26 15,000 CANA 14:19
48.14 15,000 FCAP 14:18

[thebull8] 04/1/2023 14:20

Also, if the well was a success and produced 2500bopd investors would care less about dilution

[thebull8] 04/1/2023 14:19

The difference is the funding was it cheaper at £1.30 (I.e less dilutive)

[bryproj] 04/1/2023 14:15

I don't really get the sudden realisation by shorters like you that funding will be required - nothing has changed in this regard. Pantheon have stated that they have enough funds for the next 12 months but this clearly excludes any further drilling past Alkaid2 ( as would always have been the case). The company are hoping to agree a farm- in for the next stage and this is likely linked to success at Alkaid. The company, the longs and the industry technical experts are of the opinion that there is a very good probability of success.Nothing has changed this is just your latest scare tactic. I notice you lot never stop writing - trying to wear everyone down

[mlf51] 04/1/2023 13:55

Shorts have a place but doxing doesn't particularly when you get the wrong person.

[bulltradept] 04/1/2023 13:32

forwood,

Please do me be next as well! Please, please, please!

All joking aside, (and I could be wrong here), but given you didn't answer my question as to what do you actually think of short sellers, i.e. do you find them objectionable, (which, from your silence), I think you do, then I'd only state this:

The market is open to all, longs, shorts, differing objectives, differing time scales and differing levels of information (real or imagined), if you can't accept this, I'd possibly consider managed funds, as your perceived dislike of shorters, or, indeed other market participants may colour your judgement when entering it?

Just a thought.

[probabilityofsuccess] 04/1/2023 13:32

JakNife……;……̷0;may be of interest as I’m sure you’re always keen to develop your understanding:

“In most cases, a belief by the victim (or person reasonably assumed to be acting on behalf of the victim) that a crime has occurred is sufficient to justify its recording as a crime, although this will not be the case in all circumstances”.

If you saw someone you believed was about to (in your informed view, taking everything into account in that situation) commit a crime (let’s call that a ‘potential crime’ shall we) would you call the police? I hope you would. At what point would you intervene between what you believe to be a potential criminal act and an actual one?

I am aware you dislike me asking questions of you, but if you’d be so kind I’m sure rabito would, at least, appreciate you answering it. Many thanks.