Pantheon Resources Share Discussion Threads

[john henry] 01/6/2023 09:57

Garden shed being thrown at Pantheon, MSCI rebalancing, convertibles forward selling, shorters. Perfect storm

[mindthegapup] 01/6/2023 09:51

Picked up some more at 15.34p - again rude not to. The worm is turning here ;)

[john henry] 01/6/2023 09:44

Don't forget forward selling of the convertible loan notes.

[kemche] 01/6/2023 09:30

Holders of US line were so stupid in missing the UK close of 15.75p and instead stupidly settled at an equivalent price of around 17.4p. Why didn't they sell aggressively since helpful was so convincing in explaining that 15.75p was a completely legit close and its gotta be going lower. They had more than a 10% gap to play with and could thus sell well above 15.75p. The idiots!

[kemche] 01/6/2023 09:17

"In the past we have limited our public profile to reduce competition for offset acreage while we acquired the current acreage position."

He actually said that!

"Having now secured the desired acreage, Pantheon now intends to increase the profile of its project geology without fear of competition and to assist in attracting potential farm-in partners."

He is now clearly fearless. He actually said that!

"This process commenced last week"

WTF???? Last week???? I seem to recall that this has been ongoing for years now???? Was I mistaken???

Why is he helping the rebalancers????? How will that attract the balancers????

I am utterly confused. Can anyone help??? Barry???

[john henry] 01/6/2023 09:14

New low in ? how is that when the price is still falling, now bidding 15.3p

[kemche] 01/6/2023 09:11

"In the past we have limited our public profile to reduce competition for offset acreage while we acquired the current acreage position."

He actually said that!

"Having now secured the desired acreage, Pantheon now intends to increase the profile of its project geology without fear of competition and to assist in attracting potential farm-in partners."

He is now clearly fearless. He actually said that!

"This process commenced last week"

WTF???? Last week???? I seem to recall that this has been ongoing for years now???? Was I mistaken???

Why is he helping the rebalancers????? How will that attract the balancers????

I am utterly confused. Can anyone help??? Barry???

[mindthegapup] 01/6/2023 09:04

Sums it up nicely 👌

Jay Cheatham, CEO of Pantheon Resources, said: "Pantheon will soon have c. 193,000 acres under lease with a material resource base in the billions of barrels. In the past we have limited our public profile to reduce competition for offset acreage while we acquired the current acreage position. Pantheon and its predecessor Great Bear have made significant investments over the past decade securing this vast acreage position, assisted through the advantage of having sole use of c. 1,000 square miles of high quality 3D seismic. Having now secured the desired acreage, Pantheon now intends to increase the profile of its project geology without fear of competition and to assist in attracting potential farm-in partners. This process commenced last week where AHS/Baker Hughes presented a case study using the Theta West volatiles analysis to the Society of Petroleum Engineers (SPE) Western Regional Meeting in Anchorage. We will also begin participating in other relevant industry meetings to raise the profile of the assets."

[helpfull] 01/6/2023 08:59

Cor blimey,guv!

Cezuan might be due an apology.

I will apologise on everyone's behalf.

Sorry.

Be careful.

[nobbygnome] 01/6/2023 08:56

I have a view of tight rope walkers balancing on a high wire after reading your post kemche…..€514;

[ohdearohdearohdear] 01/6/2023 08:56

Just checking in to see the bounce back post change of index........and look....nothing...just as I and a couple of the other smarter folk said. Do try to keep your head out of the ground and accept the situation for what it is.

The situation is this. The Company have tried, once again, to keep the price from descending to 10p with a fluffy RNS. But the facts from the fluffy RNS can be boiled down to:

Nobody was/is interested in a farm in. Just as I and a couple of other smart folk have said.
There will be a news vacuum of many weeks. Just as I and a couple of other smart folk have said.

10p. Nailed on.

[mindthegapup] 01/6/2023 08:52

Bottom in...

[amaretto1] 01/6/2023 08:47

Lol .... Clueless !

[nobbygnome] 01/6/2023 08:45

So far the scenario hasn’t played out as expected. The pattern of trades has changed with less ATs than before which is a sign the Index trackers have stopped but nevertheless sellers are still there

[mindthegapup] 01/6/2023 08:43

Took some more at 15.63p - rude not to.

Be CAREFUL there HELPFUL - don't forget to close out those shorts and miss out on the upside 😉

[kemche] 01/6/2023 08:36

The rump of the rebalancing being flushed out. New low now in. HNWs all over this. Balancing will commence soon.

Don't be short. Long only.

[helpfull] 01/6/2023 08:34

Cor blimey, guv!

Oh! Irony.

"Be careful" might have stopped you buying at 140p or 123p or 90p or 80p or 40p or 20p or 17p or this morning at 8am.

Irony will only get you a record deal. "Be careful" might save you money.

Be careful.

[john henry] 01/6/2023 08:33

Rebalancing has tripped stop losses driving price lower. Bottom around 15p imho