Pantheon Resources Share Discussion Threads

[michaelsadvfn] 15/2/2023 11:37

Another wind-up merchant with nothing better to do with his life...

truant2tb115 Feb '23 - 11:25 - 2560 of 2561 0 0 0

The directors are known penny share hucksters...

Village idiots are in short supply in the....villages. They’re all here.

[thebull8] 15/2/2023 11:29

Basically he saying why waste all that time and effort to clear the well if it's commercial at current rates? Because, despite what the BoD say, it is not commercial at the current rates and will not provide enough cashflow to drill more without equity raises

[truant2tb1] 15/2/2023 11:25

The directors are known penny share hucksters, the whole set up is a ruse.

Give this time and shorts will get their 10p. There is more chance of Notts Forest winning the league than Alkaid - or any or PANR's acreage - being commercial!

[padamster] 15/2/2023 11:20

Jaknife - I really can’t believe you just posted what you have. Why can’t a well be economic at current rates with a blockage and when unblocked be even more economical?

[neo26] 15/2/2023 10:52

Company are saying this well is commercial regardless of what happens with the blockage.Sp is being played, cant buy volume.

[hpcg] 15/2/2023 10:42

Mike - maybe you don't understand portfolio construction? Like essentially every investor, I have an overwhelmingly long portfolio. I try to balance that with a modicum of short positions and preferably those in the fraud / restructuring world. Pantheon will be around for years even if there were no oil in Alaska at all simply because of the support is has in equity markets. Maybe when some of the older hands retire perhaps that support goes with them, I don't know, but it is not say, a Debenhams, Afren, GKP, Intu, Carrillion or Cineworld which were certainties. This is not a high conviction short for me and even if it were it would never get above 5% except for at the final denouement, which as I've said, doesn't exist here.

[padamster] 15/2/2023 10:23

Will the shorts take another opportunity to get out ? Probably not 😂

[helpfull] 15/2/2023 10:16

Cor blimey, guv!

Where are we chart wise?


free stock charts from uk.advfn.com


The share price has risen up to the 10 week moving average and didn't like what it saw and faltered downwards towards the 4 week moving average. All within the bearish ascending flag. A drop below 53p will look ominous. A crux point is arriving in the next week or so. 10p is the target.

Be careful.

[michaelsadvfn] 15/2/2023 09:36

A wind-up merchant, neither long nor short. Spouts utter garbage to get a reaction. Best ignored.

[mlf51] 15/2/2023 09:21

He's just looking for room to whinge.

[mynameiskhan] 15/2/2023 09:07

I think, the expectation for this well is 750 BOPD rather than 1500 BOPD. 150 BOPD per 1000 feet

[thebull8] 15/2/2023 09:00

Greed, arrogance, stupidity Take your pick But yes you are right. Pantheon are massively binary on the results of this well. Not to say they can't get funding to drill other targets but it will be massively dilutived if Alkaid2 doesn't deliver. Anything under 1500bopd is a failure for me. I expect it to come out a lot lower than this. Place your bets - red or black

[neo26] 15/2/2023 02:12

Dayyum got expelled from guild board and i didnt even post their?

[adxwasere] 14/2/2023 22:23

Not me, but I'd expect an update when SLB are finished.

[adxwasere] 14/2/2023 22:03

Suggest you invest elsewhere.