Pantheon Resources Share Discussion Threads

[pro_s2009] 06/1/2023 12:54

March approaches fast...........thats tax year end selling soon to be followed by "sell in May and go away".........

If the brokers want people to churn and burn placing shares, they will need to place by March, to allow people to dump in April and May.........

We are now mid January.

I think a fund raise will be done within the next 10 weeks - and it will be one with a significant discount - raising just enough to cover ongoing costs and Alkaid-3

Unless they have a wonderful improvement soon at Alkaid-2, I cannot see anyone supplying cash for more than just an Alkaid-3 well.........

The countdown is now happening.

Thats imo.

[rabito79] 06/1/2023 12:51

Pro, hopefully water cut is currently high. Will increase the potential upside based on other drills to date.

[rabito79] 06/1/2023 12:48

Very profound HPCG. Of course the data which the Schlumberger report was built on was based on data from the drill bit including vertical flow tests results. The only fair point you make is the one about lateral continuity which is what this very flow test is about. It's what has openly been discussed on numerous social media sights (Reddit/Discord etc). Industry experts who I trust have put this risk very low and continues to do so after initial flow test data.Both LKA and Schlumberger's Alkaid Economic Ultimate Recovery numbers are similar all be it over different lateral lengths. LKA have generated NPVs across different oil prices using this very data and show positive NPVs at $40, the costs will likely have gone up but so has the quality of reservoir post Alkaid 2. There is no requirement for them to accept Pantheon's assumptions as they will be given all the hard data required.

[thebull8] 06/1/2023 12:45

I can understand it just fine. Maybe you need to go back to school?

[1seahawk] 06/1/2023 12:41

hpcg this is not the first well drilled, therefore the reports from other companies are based on the factual information derived from those drills. This is not the first drill based solely on 2D/3D. You know that so stop being disingenuous.

[padamster] 06/1/2023 12:22

Hpcg - you are still not talking English. Can this be a ploy to sound intelligent when it’s a load BS that even you don’t know what you are saying 😂

[hpcg] 06/1/2023 12:18

Padamster - what happens at the drill bit and the extraction of HCs is all that matters. Sub-surface models are just that, models. Even with that said the subsurface is heterogeneous so there is never any certainty; cores are great because its the actual rock, but might not be representative of 1m away. Well logs and seismic all help by they fit to the subsurface information, not the other way round.

[padamster] 06/1/2023 12:10

Pro - on water cut I would refer you to the Q&A. I’m nice like that and always here to direct people

[pro_s2009] 06/1/2023 12:07

What is the current water cut ?

Or is knowing that somewhat possibly, maybe, could be, might be, not saying it is though, misleading ?

[padamster] 06/1/2023 11:52

Hpcg - can you say your last message in English please ?

[hpcg] 06/1/2023 11:50

I had a look at Scots twitter, and I understand better now where longs are coming from. They set enormous store by the written reports, much more so than the results of actual drilling. This is the reverse situation to the industry itself where paper reports are insignificant in comparison with the drill bit. Hence the disconnect between what they think should be happening to the share price and what is happening.

[padamster] 06/1/2023 11:35

Jaknife - Bull credits the report unlike yourself and you are from the same gang. Come on guys - consult each before posting 😂. So what does the full report state and how do you know I’ve not read it? Are you the elf that lives at the bottom of my garden

[padamster] 06/1/2023 11:31

Glad you accept their findings. Not sure what you mean that extracting oil and gas is the issue? Prudhoe Bay? The whole work Panr are doing is to demonstrate commercially but you are acting as you have inside info. They have not cleaned out fully. What they have cleaned out demonstrates they have a large accumulation. Your comments are really odd.

[thebull8] 06/1/2023 11:25

Schlumberger are one of the most respected oil and gas data interpreters so I do not doubt for one second the validity of their report. The fact that Alaska is sitting on a huge oil and gas reservoir(s) is if no surprise. The issue is and always will be extracting the oil commercially

[mlf51] 06/1/2023 11:15

Oh you should have said you are on the Panr board any other inside information for us.

[padamster] 06/1/2023 11:14

Bull - and what do you make of the Schlumberger report?

[thebull8] 06/1/2023 11:11

2.3billion barrel of recoverable oil and not a major in site If it smells like bullsh1t then it is most likely bullsh1t

[thebull8] 06/1/2023 11:09

So they do not have to report the dribbles coming out

[padamster] 06/1/2023 11:05

Unhelpful- what are the charts stating ?

[helpfull] 06/1/2023 11:02

Cor blimey, guv!

The posters trying to defend the share price might be making the same mistake about the effectiveness of the "clean up" as was made about the significance of the flare. Anything less than 750+ bopd, with total clearance of the blockage and no further collapse of the drill hole, will cause a decline in the share price.

The share price chart is precarious. Much movement below 39-40p and there will be little support. A significant fall could be on the cards.


free stock charts from uk.advfn.com


It could be that the rampers rather than any "shorters" are the people shareholders should fear.

Be careful.