Pantheon Resources Share Discussion Threads

[forwood] 27/1/2023 14:39

bg - we can all live in hope but I think the balance of probabilities is massively to success here now. As said on the webinar and confirmed elsewhere, the first well drilled in an area is prone to problems and subsequent wells gear the lessons learned and are more successful. Sand problems are a very frequent occurrence and clearing them if you have the proper gear is seen as a routine job. BTW it is not a CTU, it is a full workover rig. Didn't you watch the webinar?

[hpcg] 27/1/2023 14:36

Olderwiser - You wrote - "They will stop producing after 9 months because they only have permission to test for 9 months."

Exactly. That is what I wrote too. The only thing stopping them being allowed to continue into production is they can't flare. If the well is commercial then why would they not install an inexpensive and standard piece of equipment so that they can continue to generate revenue? This doesn't make sense. The pay back on the NGLs looks pretty straight forward. I guess they think the methane will continue to be produced and they don't have a solution for that?

By restricting the test to 9 months they are setting themselves up for failure, or at least not success. The key evidence a partner or partners want to see is the decline curve. The longer the well is producing continuously the better, assuming the decline is minimal.

[shanig] 27/1/2023 14:17

You don't seem to be able to grasp the fact that there is a huge difference between a short term trader such as yourself and investors looking at the bigger longer term picture.

[squiresquire] 27/1/2023 14:11

Where is Scot?

[helpfull] 27/1/2023 14:05

Cor blimey, guv!

Is that a post by swenny that hasn't been deleted (yet)? Lord luv a duck! Finally got enough strength back after the drill fiasco? Send me a coin so I can join the guild.

That's a phrase not seen much these days. 150p all the way down to 40p. Must have broke your heart. Especially after ignoring my unschooled warnings. Ignore the fall to 10p at your peril.

Be careful.

[thebull8] 27/1/2023 14:03

The people laughing at shorts who didn't close at 40p are the same longs who didn't sell at 150p

[bad gateway] 27/1/2023 13:50

Next major move will likely be based on whether or not they have issues with the ctu swindle1.
Reckon that'll be the decider on whether its the shorts who add to their "meagre profits" or the longs making some losses back.

swendab1
27 Jan '23 - 12:51 - 2009 of 2009
0 1 0
Well said Forwood - Mikey has no clue ( lost a bundle in EME) . Thats not Mouse its Morrison by the way

Brilliant that they all failed to close their shorts at 39/40p in the idiotic belief its going to 10p . No wonder they spend all day posting on here as they nervously watch their meagre profits evaporate slowly but surely into the ether

[forwood] 27/1/2023 12:37

Wishfull, you needn't worry about the share price - it's gone up again as I write and will likely go much further between now and c 6th Feb when we get news that the blockage is cleared, and then at the end of Feb / early March when we get new figures on flow.

Please go to Chart school because you really need to get a better handle on this than the mickey mouse 'it's going to 10p' stuff you post!

[padamster] 27/1/2023 11:16

Unhelpful great contribution 😂

[helpfull] 27/1/2023 11:07

Cor blimey, guv!

Peeps, I know my smelling isn't very good, and my gramma stinks, but I am starting to get very worried about the share price.


free stock charts from uk.advfn.com


There is a big fall coming. 10p is still the target. Get buying like crazy and see if you can stop the inevitable.

Long live the flare. Long live the guild. Longer than 5 minutes may the posts of swendab1 remain before he deletes them.

Be careful.

[rabito79] 27/1/2023 09:52

No, but farm in partners will understand and indeed be able to estimate the risk regards lateral continuity. They can therefore apply this risk factor into their offer, as I am sure the potential farm in partners did last year. It happens all the time in the industry.

[padamster] 27/1/2023 09:46

Another pathetic post from hpcg

[hpcg] 27/1/2023 09:31

No one can judge the economics until the decline curve is understood. That no one very explicitly includes any well funded parties thinking of farming in. So if they don't raise not much to happen until the late autumn, bar the early hurrahs. At the end of which PANR will be short on funds, which anyone farming in will know. As it is, the base case means that farm in terms, should they happen, will be very much worse than the shareholder base anticipates. At least with 100% equity there isn't any scope to buy out partners at "bargain" prices, their usual modus operandi.