Pantheon Resources Share Discussion Threads

[forwood] 14/3/2023 14:16

What shorts should be doing is taking advantage of this low to close and lock in profit. if you're so sure it's going to continue down in time, re-open higher up!

[quazie12] 14/3/2023 14:12

Lets see Jacknife

[forwood] 14/3/2023 14:11

references, if you'd read yesterdays RNS you'll see that those shares are not admitted for trading until the 20th.

JakNife - you have so little understanding of flows, it's embarrassing! That result was from 30ft of the reservor with only 40% frac fluid returned. Multiply that by 100 for 3000 ft and you get an idea of what they might be talking about there!

'Theta West #1 encountered 950 feet ("ft") of oil in the LBFF of which only three small sections of this large zone were tested. The three, 10 ft perforations were conducted at the following depths: 8,065 - 8,075ft, 7,745 - 7,755 ft and 7,595 -7,605 ft, which were all successfully stimulated and comingled into one test across these zones. Approximately 40% of the testing fluid was recovered before testing was suspended.(due to weather).

[neil9327b] 14/3/2023 12:42

Re: "There is no sensible investment case for PANR"
- That's a lie Truant. Theta West alone contains 1.2 billion barrels worth north of $10 billion. All of which are recoverable, as the flow test there proved last year.

[references] 14/3/2023 12:34

How many more quarters of cash does Pantheon have to cover the conv bonds? And can anyone tell if it is these converts that are being sold in the market today? The sooner a farm in or placement happens the better presumably.

[truant2tb1] 14/3/2023 12:25

There is no sensible investment case for PANR, the deposit has been shown to be wholly uneconomical

I note the absence of a few PRIOR uber bulls e,g. Adz, Swendab1 et al - they've sussed this out... we're now down to the unhinged final believers

[the count of monte_cristo] 14/3/2023 12:18

US President Joe Biden has approved a major oil and gas drilling project in Alaska, intended to create local investment and thousands of jobs.

But the Willow project has faced strong opposition from environmental activists over its climate and wildlife impacts.

So why has Mr Biden, a president who has embraced strong action on climate change, approved a project dubbed a "carbon bomb"?....

[kemche] 14/3/2023 11:37

Don't they both have 1000 billion barrels of trapped oil?

[helpfull] 14/3/2023 11:36

Cor blimey, guv!


free stock charts from uk.advfn.com


The share price is unstable. Is it going to wait for the 20 day moving average to descend and the bearish ascending flag to form? Would that be another 50% drop?

10p is the target. I am worried for shareholders. They do not listen.

Be careful.

[forwood] 14/3/2023 11:33

Come off it kemche, this is nothing like UKOG! UKOG was plagued by court action and never had anything like the resources Pantheon has. The only similarity is as an explorer and the need to keep raising funds.

[bigdazzlerreturns2] 14/3/2023 11:16

Crikey there is a good argument on the charts that we could easily be seeing on a longer term view of price dropping in the 15p-18p price zone.

The guild is ‘starting to rock.’

[kemche] 14/3/2023 11:03

This looks to be an exact replay of UKOG.

[truant2tb1] 14/3/2023 10:57

It'll be interesting to see what price they get their fundraiser away, I'd imagine they'd need at least £20m for any sort of meaningful exploration.

20p will be breached within a few months