Pantheon Resources Share Discussion Threads

[michaelsadvfn] 20/4/2023 11:29

...hence it will have to be a discounted placing below the current share price.

Have a re-think about that. You are intimating that no company has ever raised funds at a premium.

[padamster] 20/4/2023 11:17

Jaknife can you find any quote of mine saying no funding is required? By the way I’m long

[stephenred] 20/4/2023 10:59

JakNife, 'It wasn't so long ago that the longs were adamant that no fund raise was necessary'. That is an outright lie. Watch JC interviews prior to Alkaid results. JC has always stated funding would be required for the winter drill. That has always been the case irrespective of the Alkaid drill.

[padamster] 20/4/2023 10:47

Jaknife seems desperate this morning

[sirmark] 20/4/2023 10:39

Notice the smell this morning everyone, .......smells like a new fragrance "Desperation"


Desperation
by Pan-shorts.

[sirmark] 20/4/2023 10:38

The house isn't on the market yet though and no viewings have taken place yet...could well go to sealed bids when the doors are opened and people have look round.

[tonudiki] 20/4/2023 10:19

Pro. I don't think the data room is open yet?

[michaelsadvfn] 20/4/2023 10:14

And yes... If you put your house on the market at 400K and monody buys it.... It means your valuation is wrong.

Are you capable of sensible debate? No, you aren’t.
If my house is on the market for 400k and someone offers 375k i would highly likely take it, but i wouldn’t accept 200k.

[michaelsadvfn] 20/4/2023 10:08

Nonsense. They could be in discussions with a potential partner and still raise funds to test the SMD.
You ought to be aware that these discussions can and do go on for months, whether it just be for Alkaid or the whole portfolio.

[pro_s2009] 20/4/2023 09:52

They have a data room open and looking for farm in partners.

So if they raise money with a placing or death spiral convertible loan we know there is no farm in.

And yes... If you put your house on the market at 400K and monody buys it.... It means your valuation is wrong.

[michaelsadvfn] 20/4/2023 09:47

Pro_S2009 20 Apr '23 - 00:30 - 32760 of 32774

The rise.... JS194.... Will be controlled imo by the farm out... Or lack of a farm out.

If the industry views all the data and says.... No thanks not farming into that..... Then investors would perhaps be stupid not to do the same as the big boys.

More fkin nonsense.

Pray tell us, how would we know if anyone is not farming in? It’s not something that would ever be announced unless, as has happened, management refuse a low-ball offer and tell us.
Before you tell us a low-ball offer is a true assessment of value, if you had a house on the market for 400k and someone offered you 200k would you accept the offer?
No you wouldn’t.

[padamster] 20/4/2023 09:37

Just to add - whatever funding is landed on it would mean those funding/lending believe in a return via believing in the story - simples

[mlf51] 20/4/2023 09:30

Which is underway, plenty of options available you would assume, with enough money in the bank to test the smd at alkaid 2, what's not to like.

[pro_s2009] 20/4/2023 09:28

Sirmark is this the same bottom you called at 70p and 60p and 50p and 30p.....?

[padamster] 20/4/2023 09:23

Simark - not sure any of the shorters have read one of the last RNSs on what they are trying to achieve in terms of funding and it’s not necessarily a placement. Or they choose to forget that key funding option to meet their needs. Be very careful 😊

[sirmark] 20/4/2023 09:16

4 posts in quick succession John..... on a day it's gone blue and looking like the bottom has formed. hhhmmmm lol

[john henry] 20/4/2023 09:02

Agree but it's all about funding at present.