Pantheon Resources Share Discussion Threads

[rich2006] 14/3/2023 22:04

Jacknife
Remember this do we..

SO Just for the record.

thebull85 Jan '23 - 21:48 - 31215 of 31217
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So……


Best guesses for date and amount of the upcoming fundraiser. I’ll start


$66million at the end of January
JakNife5 Jan '23 - 22:38 - 31216 of 31217
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thebull8,

I think that you need to include a price if we're going to have a competition. I'll take:

$25m fund raise at $0.30 a share (c. 25p) in the second week of February, all in straight equity, no more convertible bond.

JakNife
WinthorpeIII5 Jan '23 - 23:06 - 31217 of 31217
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Based on that hypothetical premise……;Second week Feb seems very tight IMHO but possible.

The issue is how do you raise a credible amount that gives some contingency in the tank should things not go to plan?

If $25m is the arbitrary figure, I’m not sure how you get there with no meaningful installed institutional base standing their corner. Maybe a big push on primary bid would help but that’s still a lot to go after from private investors however committed they are to the investment case.

Not impossible but looks challenging.

[rabito79] 14/3/2023 21:57

You are not very good at reading are you JakNife. Note the legislation comments were related to wells 'previous to Alkaid 2'Not sure who you are quoting regards 'containments' as some of the NGLs will actually fetch a premium to oil. Be great if you can guide to the costs for the specific CAPEX equipment you mention they require.Schlumberger have modelled IP30 rates based on the Previous flow test data. Appreciate if you can provide your own a guide to which model you are using.And before Hpcg chimes in with flow tests trump modelling he can perhaps explain why he thinks the standard industry modelling gave a different result at Alkaid 2. I believe it's due to the preferential flow of gas from the gas cap. Interesting to hear his take on it. If Pantheon's wells are operating beyond standard industry modelling for some unknown reason I would love to hear his take on it. Indeed it would appear all poro/perm data is in line or better with that measured pre-Alkaid 2.

[rabito79] 14/3/2023 21:14

Hpcg, that's not been the short case. While you in fairness have endeavoured to make a pseudo technical case, the vast majority and certainly most visible shorters have alleged it's a fraud/scam as evidenced by muddy waters, John Hempton, Josh Young, Alex Stahel and Fraser Perry (the latter using falsified documents to claim fraud).As I understand it the lower production from the toe of the well is more related to drawdown than frac effectiveness. Indeed it's likely the success of the fracs allowed the bypassing of the blockage in the lateral.I look forward to next weeks webinar where hopefully we will here more regards the productivity/deliverability of the well which has likely been masked by the preferential flow of gas from the gas cap.

[padamster] 14/3/2023 21:00

hxxps://www.bigmarker.com/share-talk/Pantheon-Resources-AGM-Shareholder-Presentation-and-Q-A-March-2023

Don’t miss it folks. All welcome 😊

[truant2tb1] 14/3/2023 19:36

Ah, I see - you also used the waterfall drop from 115p to 26p to "make money" as well?My mistake!!

[helpfull] 14/3/2023 19:21

Cor blimey, guv!

He's blocked remember? Filtered? Unless you're pretending.

Who'd thunk it?

Be careful.

[forwood] 14/3/2023 19:16

Strange that Truant thinks a 10% reversal is not worth talking about. Depends what you did with it I suppose. I used it to make money!

[helpfull] 14/3/2023 19:00

Cor blimey, guv!

swendab1 has a cunning plan.

The man that lead the lemmings from 150p to 25p (not via 300p) has been chosen (he did the choosing) to lead them to the promised land.

Forget the director sales.

Forget that the share price at 55p is 550% (?) higher than the 10p target.

Forget that the wellbore has been unblocked.

Forget that a cash raise is needed.

Forget about the 1500-2000 bopd flare.

Forget about the exclusive guild. Now it is the "Shhhhhhhhh….." and "shut it !" secret. So secret it is plastered over every thread.

Can you afford to follow swendab1?

He has lost guild members tens of millions of pounds. He is going to lose them millions more.

Be careful.

[truant2tb1] 14/3/2023 18:52

80p by the webinar, hmmm - I'd love to take you up on that bet

[adxwasere] 14/3/2023 18:20

Easy John. :)

[adxwasere] 14/3/2023 18:17

See above , lol