Pantheon Resources Share Discussion Threads

[thebull8] 25/2/2023 15:19

Looks like you have forgot a couple of little things from your figures. D'oh! Operating expenses and administrative expenses. Ever heard of these? Even if these didn't exist that's roughly $21million a year or the cost of one well? So what, the business just stands still for 12 months till they have funds to drill Alkaid 3? Some really clueless maths here and understanding of how businesses actually work

[just one more try] 25/2/2023 13:48

Flow test are due soon.

The chances are thet they will be positive (sadly I do not ahve the certainty of the shorters).

After that tehy test, so say that there is 750BOD a salable hydro carbons. That is $60K a day, or after 100 day $6million.

I think that the market sentiment will be them very positive. Moreover, I ahve a feeling that we will see a farm out announced fairly soon, we were almost there last year....

I doubt that there would be funding issues then.....

As thebul8 says Tick tick tick tock, he doubtlessly wants to exit his short.

[thebull8] 25/2/2023 12:39

Tick tick tick tock Lemme explain to you why a venture capital/fund would be happy to add 2 million shares to their short position. Pantheon need funds. This is facts. The easier way to get funds is from the market. So they reach out to their broker and say they need to raise x amount. The broker goes to hedge funds/family offices/ institutional investors and gauges interest. Mangrove confirm they can buy x amount in the capital raise. Meanhwile, they lock in that profit by borrowing shares from the market, fully in the knowledge they can close this position with shares from the capital raise. Another sign the raise is close. Will be adding on Monday Triggered

[padamster] 25/2/2023 11:43

So is your real name thebull8? 😂😂

[thebull8] 25/2/2023 11:22

So lemme get this straight. Mangrove investment - a capital venture firm with 20 years of market experience and over $1billion of assets under management are not reading the RNSs and don't have a clue what they are doing Meanwhile, PADAMSTER, who can't even spell his own name right with his four O levels and 25 years of warehouse operative experience knows exactly what is going on despite this being his first amateur investment rodeoMkay then. How arrogant can you possible be! Triggered

[padamster] 25/2/2023 09:30

Oh dear - Mangrove have further increased their short position on 23rd from the increase on the 21st. Are they simply not reading the RNSs

Be very very careful.

[helpfull] 24/2/2023 19:06

Cor blimey, guv!

Noticed how all the shorters are halfwits?

They get accused of shorting Pantheon and making money from the share price fall.

Who's the halfwit?

The Pantheon bulls have let millions of pounds slip through their fingers as they sat on their hands and watched the share price fall (I don't include the directors in this).

Who's the halfwit?

Listen to what swendab1 says. He has lost you oodles of cash. He can't possibly lose you more can he?

Are you a halfwit?

10p is the target.

Be careful.

[forwood] 24/2/2023 18:42

bdz, your casting of longs as deluded and 'not very bright', absolving the shorts from responsibility for where the price is today is both hypocritical and wrong. Shorts set the environment within which the initial disappointment of A2 almost guaranteed the fall from the 80s. It fulfilled the prophecy of: 'we don't believe they're going to make a success of this' - and I daresay opened the door to other people to join in selling the share down. We cannot know for sure and I don't deny other holders sold it. Many still had holdings from the low 20s, so they had nothing to lose by selling.

That has always been the way here with operational disappointments but cooler evaluation has always seen the share price recover. It recovered 50% to the low 60s, then one of the two big shorts sold another 2 million and sent it down again. In my opinion, they're not going to succeed in keeping it down and if I'd been running their book, I'd have closed rather than selling more and making the task of an eventual closure more difficult.

Anyway, time will tell. I've spent a lot of time presenting the evidence for why I think this will be successful. Ultimately I don't care too hoots whether you act on that or not. It's your money!

[michaelsadvfn] 24/2/2023 18:07

Kurdistan vs Alaska 😂😂😂

[madd_rip] 24/2/2023 17:24

Still wrong, most people, although take on board the 'oil expert' on bb's, also take on information provided by independent companies that deal with verified expert in The field and subsequent industry. Something that the shorters in all their putrid forms tend not to glean nor take on board, they just cast aspersions, misinformation, blatant lies and pure fantasy to sow fear and doubt.

[bigdazzlerreturns2] 24/2/2023 17:17

I gave the ‘game away.’

Oh dear Forwood. Oh dear indeed.

A few shorts have not got the price to where it is.

Anyone that suggests the price is currently where it is due to a few shorts is either not very bright or deluded.

We are at this point down to market forces which takes in everyone. This isn’t a 24 hour price it’s a sustained price level.

We keep hearing about those that don’t understand the oil exploration industry. We keep hearing about these experts,i really don’t see these industry experts showing their worth. If the truth be known I don’t even believe they are industry experts.

I’ve seen it a million times before.

Again let’s talk about the board darlings of Christmas past.

Gkp,Xel, Caza, other Kurdistan oilers that names escape me, hurricane, the list goes on. All failures when it comes to the big investment hype days. All had the same things in common,rampers and yes you’ve got it oil experts that were the almighty on the boards.

However their ‘expertise,217; never grasped the one thing that matters, yes you’ve got it price.

So you stick to your trying to belittle those with little industry knowledge because time and again those ‘oil industry experts’ are outed.

So yes, I’ll stick to the rampers are the trolls and the frauds.


Have a great weekend all.

[madd_rip] 24/2/2023 16:41

Wrong as usual

[forwood] 24/2/2023 16:28

well bdzler, that's because you're a bear. You gave the game away in your first few words. You see 'baseless rampers'. I see optimists with reason. The current share price is a blip. We've had them before. Look back at two of the biggest falls in the past 3 years. March 20 and April 21. After each of those there were substantial rises - 700% in the first and 650% in the 2nd. A similar bounce here would take us above 260. Before you accuse me of ramping, let me say, I'm simply using the example of this share's history. With a decent result at A2 - say >800 boe and a fair farm out that let's us drill the SMD without dilution, that is not impossible.

Like it or not, the objective evaluation of the assets here is as WHI put it: 'undeniably...some of the best early stage appraisal assets to emerge out of North America in recent decades.' This is endorsed by 2 of the 3 leading oil services companies in the world who have worked with Pantheon to evaluate the finds, and whose findings, I suggest are going to carry vastly more weight than a few shorts who clearly don't understand the oil exploration industry.

If within 2 years we are over £2, which I strongly believe, who is then the troll, on the basis of outcome? You with your scepticism, or those who think like I do?

[shanig] 24/2/2023 16:11

What about the ones who keep saying it's heading to 10p?

[bigdazzlerreturns2] 24/2/2023 15:59

I find the trolls to be the baseless rampers. You know the ones that have promised/suggested untold riches at every corner. Unfortunately people will fall for that and lose money,the rampers are the real threats imo.

The ones that can ‘interpretR17; every RNS as a road to gold, the ones that read tealeaves sorry flares and are the industry experts and from all of this it’s great news on every horizon.

But here we are at 50 something pence almost a 100 pence down, from what many were suggesting was the stepping stone to the £3 £4 or even more ridiculous values printed in the past.

And yet when price ticks up in the 50’s by a couple of pence it’s the shorters that are hurting and the longs have won the day. Honestly how stupid have posters got to be to write that and expect others to believe it, sadly some unfortunately do.They belong imo the most stupidest comments I read on here. That’s where the trolls are imo.

[forwood] 24/2/2023 15:37

Ah, that's clear - just a few of those followed mine ;~)