Pantheon Resources Share Discussion Threads

[johnswan193] 12/5/2023 11:28

I'm v tempted to buy, but agree it looks like a placing coming so maybe better to wait until that is being done (and the management team are buying too). Will be watching very closely for options granted to management and the prices assigned to them. Will it be millions to them all if the share price can hit 100p again?

[forwood] 12/5/2023 11:27

The Sp has fallen c 15% since last week's high and once again, is very much oversold. Technically, it's due a bounce.

Much speculation as to the reason(s) for the recent fall. As flagged by the Interim report, 'a farmout and/or other funding arrangement' is likely within the first half. If a buy in deal is being discussed, it's unlikely to be signed off before publication of the Netherland & Sewell IER/CPR reports on Theta West and Alkaid. Besides, that is more than likely to be seen as very good news and send the share price higher.

Short term, a fund raise is more likely, and people may be selling to free up funds in anticipation of a discounted offer. Shorts also could be selling for one last throw. 2 thoughts here: If it was my decision, I wouldn't want to raise at this price, so anyone selling now thinking they could pick up stock cheaper might be very disappointed. There is also no guarantee that a fund raise would be discounted. The fall does however provide yet another opportunity to buy discounted stock, or close shorts.

I can't help think that the lower this goes, the more likely it is to attract an opportunitic bid. The market now values us at £140m, a huge discount to the sums spent to get us to this point and for a major, a relatively small sum to pay for the resources that appear on offer. Of course it won't go for that but how likely are shareholders to accept a low ball bid? The recent high of £1.50 a share is a long way off where we are now.

[nobbygnome] 12/5/2023 11:06

Its better than having backward buyers!?!

[kemche] 12/5/2023 10:35

?Classic treeshake to allow all the forward buyers in on the cheap.

[helpfull] 12/5/2023 10:31

Cor blimey, guv!

Straight out of Seoul, China.

The 10 week moving average has finally reached the flag. Just. It is a slow decline.

What is going to happen next?

The share price is weak. The volume has disappeared:


free stock charts from uk.advfn.com


Keep an eye on those Bollies:


free stock charts from uk.advfn.com


The target is 10p. Did anyone believe that when it was first mentioned? It is starting to look a little optimistic.

Be careful.

[hpcg] 12/5/2023 10:25

I guess the hat is being passed around, as in people are being asked to come inside. It's just a case of guessing the numbers. The lower the share price goes in the mean time the lower the final number will be.

[pro_s2009] 12/5/2023 10:00

I have an update on the current status of the Guild.

[pro_s2009] 12/5/2023 10:00

I have an update on the current status of the Guild.1

[pro_s2009] 12/5/2023 09:30

scotty is probably furious now.......and swen......they must be posting in the Guild telling everyone not to sell....keep holding as it goes down more and more.......just dont sell any.....hold hold hold........

As they have been most likely.....all the way down from 140p.......

Sheep being led to be slaughtered..........

[pro_s2009] 12/5/2023 09:24

Friday afternoon RNS ?

Something is cooking imo............

[pro_s2009] 12/5/2023 09:21

Looks like the expected placing is coming soon imo.........

[pro_s2009] 12/5/2023 09:20

Looks like a placing coming.......15p ?

[thebull8] 12/5/2023 09:18

And me. I have been here forever screaming of the risks here

[truant2tb1] 12/5/2023 09:00

Hmmmm

Methinks placing AHOY!

Good morning all 😊

[sirmark] 12/5/2023 08:50

Can't buy any online... locked out of the market !!!

[sandcrab2] 12/5/2023 08:29

Collapse continues

I worry that MW could be right
And there is some dark plot eg to buy the debt, force the price down, call the debt and do some sort of administration/ prepack
Has happened recently with other Aim basket cases
Leading to mug punter bankruptcies, suicides etc

[madd_rip] 12/5/2023 02:58

Hypocrisy from the human flip flop