Pantheon Resources Share Discussion Threads

[padamster] 11/4/2023 14:22

Is this the same pro that was saying the shares to hit £1.79. He gets it wrong every time. 100% error rate intact

[pro_s2009] 11/4/2023 14:03

88E 15% down.

PANR 5% down.

All that uncommercial oil in place aint looking so pretty now. The Alaska story is looking like a busted flush perhaps and people can maybe finally see through it all ?????

[pro_s2009] 11/4/2023 14:01

Well, in this instance my guess on the assumption for the statement of a HMP is :

If they can get some good long flow test results from the SMD, they can use this rampy pumpy by the normal posters to get a placing away at a higher price.

If the SMD fails, then the price will crater and any placing would be at very much lower than todays share price.


Given their low cash position I would consider it quite "reckless" to spend that cash on an SMD test before trying to raise more funds.

So I would suggest that the SMD test will be after the fund raising/whatever happens on the finance front.

[sandcrab2] 11/4/2023 13:52

What actually is a Hail Mary Pass?

[scot126] 11/4/2023 13:02

Officer Dibble - weather closed site for three days, blockage, only 45% of frack fluid recovered, only one CTU, needed the CTU to test the ginormous BFF at Theta West.

It was the correct decision at the time.

Prolapse - you are a contra-indicator par excellence. And a moronic fantasist.

[pro_s2009] 11/4/2023 12:09

Fractures closed ? Need to call in Rabito and get some pressure monitors quickly !!!!!

🤣🤣🤣🤣9315;🤣

[pro_s2009] 11/4/2023 12:08

Filtered idiot scot126 seems to be posting again.........

Thats a bad sign.

scot126 seems to be most active in the run up to a placing............so if that proves the case, then the next funding is going to be via a placing then...... and soon enough.

Only just over 10 weeks to end of H1, so in the words of Helpfull - BE CAREFUL !!!!!!

[officerdigby] 11/4/2023 12:08

Scott SMd was attempted flow testing but something happened that closed the fractures. Ok the weather interrupted process but we don't actually know why it failed.Ed Dunc said. Well fix that! Give us time. Trust us etc.

[scot126] 11/4/2023 12:00

3garth - that would be no, not a Hail Mary pass. I'm very much looking forward to the combined Share Prophets brains trust dismantling an IER on Theta West authored by Netherland Sewell. The fact you referred to the SMD as a Hail Mary in the context of the BFF making up c.70-80% of PANR's recoverable resource makes you look like the loud-mouthed, opinionated fool that you are. You could also do better.

TW and Viceroy - you're not exactly sending your best.

[helpfull] 11/4/2023 11:57

Cor blimey, guv!

Awaiting the 10 week moving average to fall down to meet the share price:


free stock charts from uk.advfn.com


Of most concern at the moment is the narrowness of the good old Bollies:


free stock charts from uk.advfn.com


This is the tight squeeze everyone should be focusing on. Up or down is your choice.

But a significant move is presaged.

10p is the target.

Be careful.

[scot126] 11/4/2023 11:54

hpcg - as explained comprehensively by PANR management, the decision to put the Alkaid ZOI on to a LTPT first was based on the successful flow test in March '19 at Alkaid-1. You would know this if you did anything more than a cursory amount of reading.

You're insinuating something negative about the SMD at the roadside location without any factual basis. It's clear you're unaware the SMD has not yet been flow tested at either Alkaid nor Talitha. How on earth is the SoA going to approve a LTPT on an as yet non-flow tested horizon? Or would you have had PANR drill Alkaid-2, flow test the shallower SMD thus imperilling any deeper operations? Or worse, see the well rendered unusable following an unsuccessful SMD flow test?

hpcg - That was quite the word salad just to prove that you've been #rightbutforthewrongreason
Your display of factual ignorance is almost as pathetic as your arrogance. Do better.

[3garth] 11/4/2023 11:52

I guess the issue now is whether the Panr testing of the SMD, which apparently will be important for a farm out, must now be regarded as a Hail Mary Pass,in view of the 88e results

[hpcg] 11/4/2023 11:39

Pantheon also by-passed the SMD and decided to flow test the deeper target. This is very unlikely to have been a coin toss or ill-considered decision. Interesting that the price is still weak after a bump in oil price and end of tax loss selling. Its annoying for me as I closed the last of my shorts in the 23s and would like to get back in at 26 and above.

[3garth] 11/4/2023 11:18

Certainly Olderwisers comments are the only coherent explanation of 88e's price drop I have found

His full text, as quoted on LSE reads

"I have always found with 88e announcements, it pays to also focus on what 88e focus on, then discount the targets that are less featured
In this case it is strongly on the SFS targets, showing a clear intention to flow test these two zones is a positive, this good news needs to be balanced against the size of this initial target at a mean estimate of 89 mmbo. Further upside may come from the as yet unknown new SFS zone.

The lack of specific detail on net pay for each reservoir, is unsettling as these details are available, and very meaningful to estimating likely quantity of the discoveries.

With the SMDs scarcely getting a mention, I am inclined to now discount these pending further detail from 88e.
The BFF was always going to be marginal IMO, so an increase in porosity could bring some of this into play

Overall there is good and bad, I now expect a much lower number than the original estimated 647 mmbo, probably closer to 250 mmbo. There is still insufficient information to say more, but expect a progression of updates to fill in the gaps as analysis continues"

[pro_s2009] 11/4/2023 11:08

The share price response at 88E today shows that everyone is perhaps now "older and wiser" about these Alaskan fantasies.......

More and more people seem to be saying "show me the hard flow test commercial data, not excuses.....", and they are saying that in the strongest way possible, which is a big lack of any buying...........

Webinars, paid for reports saying there is loads of oil in place, super high tech logging suites and pictures.........nobody cares much now.......wolf been cried too many times ?????

[3garth] 11/4/2023 10:47

HotCoppers.Olderwiser has apparently expressed concern over the barely mentioned reference to the SMDs in 88e's announcement

Is this a readacross concern for Panr?

"With the SMDs scarcely getting a mention, I am inclined to now discount these pending further detail from 88e."

[bigdazzlerreturns2] 11/4/2023 09:40

Morning campers.

Hope everyone had a nice break.

[forwood] 11/4/2023 07:48

So Pantheon in US was down but the price was just catching up to UK. It ended at 30c which is 24.17p - oh, higher than the UK!

[scot126] 11/4/2023 07:48

Officer Dibble - same range, give or take. Decent chance the updip sections of the BFF will extend the upper figure in the range, SMD too.

[echoridge] 11/4/2023 07:44

The US close of 30cents was spot on the equivalent of the last UK close of 24.1p on Thursday. That's a small, but perfectly formed example of a deep commitment to deception and misinformation at any cost. Shameful

[officerdigby] 11/4/2023 07:33

Noted the state porosities.. Hmm PANr never did this in their RNSs? Thoughts? I guess they are on the PANR webinars higher or lower?