Pantheon Resources Share Discussion Threads

[forwood] 16/3/2023 10:37

Canthelpit, you don't know why the current share price is important?? Yet you're wittering on about death crosses!

Draw a horizontal line on the daily chart, as below. Note the number of times it has bounced from here. That is called support! Note also the uncanny similarity to mid April 21, following a straight line fall to here, from which it bounced, ultimately to 150. I've even provided a handy arrow so even you won't be able to miss it.

[truant2tb1] 16/3/2023 10:34

PANR... should change their ticker to ATM - as thats what its been for the shorts! LOL

[helpfull] 16/3/2023 10:13

Cor blimey, guv!

There is a weakness here. Traders trying to drum up enthusiasm for a pre-presentation rise in the share price are finding it hard work.

24p appears to be a line in the sand for some reason. I'm not too sure.

The falling share price might be putting pressure on the company to make a cash raise, sooner rather than later. Before all the fat disappears. Any 'farm in' would take time. It might be that the company now need a 'farm in' and a cash raise.

Problems. Problems. Problems.

The target is 10p. The death cross is in full flow.


free stock charts from uk.advfn.com


Be careful.

[olderwiser2] 16/3/2023 09:47

Hpcg
We run with an incomplete set of numbers, but from what I see there is no problem. I note your opinion has consistently been that it will not be economic. But base that on one off well costs and flows, We see it very differently as I accept improvements in scale will further enhance the economics.
Bespoke v production line economics

Economics will improve with the scale Willow brings, is a more likely scenario. It is one of the key factors in the size of PANRs discoveries, They create their own scale efficiencies

[olderwiser2] 16/3/2023 09:12

Jak,
Happy with the question as it is, still awaiting a meaningful answer

To the assembly of shorters

Have you any evidence that the Alkaid 2 flow is not commercial.

We all know the numbers IP 30 is at 180 oil, 325 condensate and NGLs, plus 2300mcf/d of gas

We also have an entirely plausible explanation for the under expectation H/C liquids flow, in the gas cap contact displacing and inhibiting oil flow.

[sirmark] 16/3/2023 09:01

https://twitter.com/Share_Talk/status/1636100935737851904/mediaViewer?currentTweet=1636100935737851904¤tTweetUser=Share_TalkI wonder if the rates have improved ...