Pantheon Resources Share Discussion Threads

[sirmark] 22/5/2023 20:06

Hit accounts from the 24th

[candlestick1] 22/5/2023 20:03

For those taking part in the retail offer, have the allocations been communicated yet?If not, when do people find out what percentage they will get of their applied-for amount?

[technowiz] 22/5/2023 18:56

Pattern Description. This is a three-candlestick pattern signaling a major bottom reversal. sounds good to me!

[bad gateway] 22/5/2023 17:16

I'm not a buyer at this marketcap ododod but will let the market decide if its pie in the sky or not. Have made enough friends in the guild already for my views thank you.
Thanks for the note jak, from what I could see point 1 wasn't exactly bullish and it went downhill for the long case from there. Not surprised that its not widely accepted by the longs. 😂😂

[gemstar2] 22/5/2023 14:48

Michaelsadvfn, If you knew what you were talking about, you would know that all north slope fields have the same gas issue and have tried to resolve the problems with recycling the gas while stripping out the liquids.
The gas is the first question any potential purchaser or partner will be addressing and whether the cost of disposal will render the field uneconomic

[forwood] 22/5/2023 13:26

swanny, I am on record for saying I believed the option sales were a bad move. If I'd been chair, I would not have allowed it - or at least strongly discouraged them. Many disagreed with me at the time but I suspect they feel differently now. One of the sellers told me there were strong personal reasons for 2 of the directors sales.

Am unsurprised they've not apologised for the sales and I don't recall anyone claiming that the shorts started before they sold. I do remember being surprised at the strike price some way above the price on the day of the announcement. You'd have thought whoever gave them that price would have wanted to see some price stability to lay off the deal rather than sell it down. Perhaps someone else did the selling down!

[bit coin] 22/5/2023 13:09

Going down like a cold pork chop and will fall even faster when Placing shares get put out for sale.Having watched the u tube video I am at a complete loss to see what Jay was smiling about..........,but then I remembered the million squid he trousered last summer Aye!

[forwood] 22/5/2023 12:36

And your qualification to make that deduction is what, ohdear - apart from desperately seeking further falls to a plainly barmy 10p?

[michaelsadvfn] 22/5/2023 12:25

gemstar222 May '23 - 13:09 - 33556 of 33557
0 0 0
Alkaid will only be commercial if they can demonstrate that the excess gas can be disposed of at reasonable cost


....nonsense.
They will not produce from A2, future wells will be drilled and fracked so that any gas cap will be avoided. The whole of the lateral at A2 was in an oil column, not a gas column.

[ohdearohdearohdear] 22/5/2023 12:14

Don't you think a market cap of £150M is pie in the sky BR? What justifies it?

[johnswan193] 22/5/2023 12:10

Forwood, what's your view on the directors sales?

Here they are doing the rounds in August 2022, grinning like Cheshire cats:

2-Aug-22 - share price of 115p



19-Aug-22 - share price of 129p



The price hit a closing high of 140p on 23-Aug-22, before slowly reversing to 115p the day prior to the sale announcement. (I believe people on here at the time were attributing this to the evil deeds of the "shorters").

On 20-Sep-22 they announced they had exercised options and sold 4.2m shares at average price of 123.4p, but the share price hadn't closed above that level since 6-Sep-22.

So in order to achieve that average on that many shares, at what point would they have had to start selling?

I can only conclude that it must have been within a few days or immediately after they finished giving that round of interviews. (There were 8 trading days between the price hitting 140p and dropping below their average share price and just 11 trading days from the second interview).

If that is not an example of a pump and dump, then what is?

As for subsequent webinars, Darcon's questions put forward included numerous Qs relating to the directors sales, yet I understand none of these were referenced in any webinar.

Maybe some of you are ok with this?

[gemstar2] 22/5/2023 12:09

Alkaid will only be commercial if they can demonstrate that the excess gas can be disposed of at reasonable cost