Pantheon Resources Share Discussion Threads

[turkey3] 22/4/2024 12:45

Bought a few more... nearly blast off ;-)

[sporazene2] 22/4/2024 12:08

that was a fair bit above the offer, so hopefully well poised here

[sirmark] 22/4/2024 12:01

followed by a nice 40k buy at 32.70 (not mine)

[sirmark] 22/4/2024 11:57

Last Misses ISA, I sold 32.05 62,425 20.01k buying back on Wednesday in hers.

[bigwavedave] 22/4/2024 11:37

Hi Westie. I hope all's well. I rarely post these days, much more of a "lurker".But feeling fairly positive with Hobbs at the helm. GL.D

[tom218] 22/4/2024 11:20

Yes Atty, not querying your quoting, just reminding how those might translate into value. Just in case someone reading it may think applying a 5-10$/bbl over best recoverable for boe is correct.

[attyg] 22/4/2024 11:11

Hi Tom,

Just quoting Bob from the webinar at 45.50

"When you talk about Ahpun you can start talking about, you know, 2 billion barrels of oil equivalent."


Ahpun = 2 billion
Kodiak High 2.8b per NS
plus 11.7 trillion cu ft of gas compared to Bob's throwaway of 5 trillion at Ahpun (45.58sec)

So, I remain thinking that the BoD consider they have recoverable reserves of 5+ billion barrels of oil equivalent - yet to be firmed up by IERs, but that is where the BoD expect Kodiak and Ahpun to deliver.

Regardless - some stellar share price growth to come.

[tom218] 22/4/2024 10:36

Atty, also worth remembering before getting carried away:-the 5 to 10 $/bbl is based on 1C/1P figures- a barrel of oil equivalent (BOE) is based on energy not value, at rate 5.7 Mscf =1boe. So if getting say 1$/Mscf value is approx 6$ not the say $90 one might get for the oil.

[bodroll] 22/4/2024 10:36

Bought yet more this morning - now way overloaded. I am expecting good news this week and a share price hike. GLA.

[michaelsadvfn] 22/4/2024 10:25

'some share price growth...'

Just a bit eh? Me, I'm holding this until we are properly valued, this is a life-changer.

[attyg] 22/4/2024 09:50

It is worthwhile remembering what Bob said on the 10 April webinar - at 45 through to 47 mins

Gas has moved from a liability to an asset.
It has massive impact on our valuations.
When we start talking about Ahpun we are talking about 2 billion barrels of oil equivalent.


While, if we look at Slide 18, we see NS quote Best Estimate at Kodiak is 1.2 b barrels of oil and oil equivalents
With 4.4 Trillion cu ft of gas.
While the High rates are 2.8 b barrels of oil and 11.7 trillion cu ft of gas

My understanding is that the BoD expect to be able provide NS with drill data in the future that will enable them to move the High rates towards the Best rates.

Clearly management consider the fields will provide more than 5 billion of recoverable oil equivalents.

With DH and the Board considering the City should place a value of between $5 and $10 a barrel on the above figures, that provides us with some share price growth over the next few years.

[freedosh] 20/4/2024 11:48

Hi Spangle and fordtin.
I’m not back in yet but things are looking interesting.

[spangle93] 20/4/2024 10:34

freedosh!! Hope you are doing well, great to see your name after a decade away.

If you've still got my email address, please get in touch.

[attyg] 20/4/2024 09:02

Our leases are on State land, so should have no effect.
In addition Biden is supportive of the gas pipeline and (I think) the LNG export facility.

[josully1950] 20/4/2024 08:33

From todays Independent 'Biden reduces oil drilling in Alaska to save wildlife'. I presume that doesn't affect 'our' position

[fordtin] 20/4/2024 07:57

Hi freedosh, long time no read!
I hope you're well, or at least less creaky than me.

As I recall, you became a regular poster on sranmal's PANR thread at, or not long after the 2006 IPO.

Have you joined the Pantheon guild? Quite a few shareholders migrated there when the shortsellers took over this thread to post their prolific nonsense on a few years ago.

[michaelsadvfn] 20/4/2024 03:20

The share price continues to retreat towards 31p.

A break below the 31p support suggests a quick retracement to test 26.5p.

10p is the target.

Be careful.

I read it differently helpless.

I read that if it dipped below 31p we would be in oversold territory and the savvy would start buying ahead of possible news on Monday.

32.6p finish. Thought so.

40p is the target.

Be careful.

[freedosh] 19/4/2024 19:39

Funny that, forwood, I don’t recall seeing you either. Maybe you were just a ship (typo) passing in the night 🤡
PS I knew Jay and Justin well in those days. Of note I do not ever take investing advice from the CEO - I was one myself 😵‍8171;

[sirmark] 19/4/2024 16:59

Yes it was just a nice single 1mln buy order along with the 250 and others.

Have a good weekend all.

[forwood] 19/4/2024 16:49

Thought it was more like 1.6m in addition to the 250k. Bodes well!

[sirmark] 19/4/2024 16:31

Plus another 1mln jumped on the bid at the close as wellSee you all early Monday :)

[sirmark] 19/4/2024 16:18

For those that are watching the level 2 from early afternoon the classic 1 trade jumped on the bid and after that we changed trends also it’s been moved around on the bid all afternoon ever increasing and we have now had a decent 250,000 buy order jump on 32.3 just sat behind the 1 shares also at 23.3


Anyway regardless of the 1 share, nice to see the reversal with a decent buy order sat there.