Pantheon Resources Share Discussion Threads

[helpfull] 25/11/2023 14:58

Cor blimey,guv!

Year 1 Costs ($287 million)*

$120 million to first production

$105 million for seven further wells at $15 million each

$30 million of Capex for Phecda pad & production facility to allow two rigs operating

$5 million of Opex (on 5,300 bpd average)

$8 million of Tariffs & Tankers

$5 million of G&A Overhead

$14 million of Royalties

Where is the money for the 7 extra wells coming from?

Be careful.

[pro_s2009] 25/11/2023 14:36

120 million to first ATTEMPT at a production well............

Nobody knows if it will be drilled ok, or fracced ok, or flow well, or clog up, or not flow at all, or it might decline in a months........

Remember, its an attempt based on theory........its never been done before.

Super duper high risk.

[michaelsadvfn] 25/11/2023 13:50

pro_s2009 21 Nov '23 - 03:18 - 2045 888.000

Strange day......but the market is very short term at the moment as its a bear market.

I am still happy with the news...
(and I invested 888,000 PlusOneCoins to promote this post)


...as I only need the HE1 share price to rise 200% to get back to break-even.

An idiotic lump if ever there was one.

[coeun] 25/11/2023 13:38

I see toys being flung out of a pram. By the liar incarnate Pro

[olderwiser2] 25/11/2023 13:35

Helpful
Its all in the RNS, and its all still live, they have got this dont sweat so much, PANR will make the best choice to achieve the best result. Flexibility will be retained until the deals are done
Are you seeing the revenue numbers

Year 1 $81m
Year 2 $270m (approx breakeven on cash flow)

There is no basis to conclude no farm in either, see quote at end of post


Year 1 Costs ($287 million)*

$120 million to first production

$105 million for seven further wells at $15 million each

$30 million of Capex for Phecda pad & production facility to allow two rigs operating

$5 million of Opex (on 5,300 bpd average)

$8 million of Tariffs & Tankers

$5 million of G&A Overhead

$14 million of Royalties



Revenues before tax ($81 million)*

$81 million (on 5,300 bpd average x $72/bbl after quality adjustment)



Cumulative negative net cashflow by end of first year = $206 million*



In parallel with these funding avenues, the Company is exploring options with one or more potential farm-in partner(s) who, if discussions were to progress, might contribute to the capital costs of bringing the assets on stream in return for a working interest in the leases or economically equivalent structure. Any transaction is only likely if it represents less dilution of value to shareholders than alternative avenues. Pantheon management believes there is appreciable strategic value in its operatorship and 100% working interest in the resources.

[rabito79] 25/11/2023 13:34

Pro, can't remember you ever saying you were short. I remember you claiming you sold when after the directors did, but never short.Were you short when you were sharing links to fraudulent documents. Dangerous stuff Pro. What is that saying again?Be careful.

[michaelsadvfn] 25/11/2023 13:33

lmfao....

PlusOneCoin Top Posts

1.2m, 800k 666k

And the idiotic lump thinks it will make a difference.

What it does tell us is the idiotic lump has the mentality of a ten-year-old who runs around calling others nasty. Deary deary me.

[melegramfortongo] 25/11/2023 13:29

To keep the thread ticking over with additional humour , can we all refer to olderwiser as the OWl 🦉 of ADVFN .

His new name is OWl.

🦉
Thanks 👍.










Hoot









Hoot

[helpfull] 25/11/2023 12:56

Cor blimey, guv!

Everyone wants to deflect away from the question.

Why?

The webinar/update listed the finance options.

Shareholders think they will avoid dilution.

But vendor finance and offtaker finance are expensive.

And RBL is not available probably until 2027.

When it comes to the crunch,cash raise and dilution will probably be used.

There is no farm in.

Be careful.

[mlf51] 25/11/2023 12:45

Crayons, be careful

[helpfull] 25/11/2023 12:31

Cor blimey, guv!

olderwiser, stop avoiding the question.

What about the missing finance for the 7 extra wells in 2026?

Be careful.

[olderwiser2] 25/11/2023 12:22

Pro, The desperation is all yours, what kind of a hole have you dug for yourself

Dont tell me you went naked in your shorts,

[pro_s2009] 25/11/2023 12:11

Logic would also say you PANR bulls are desperate.

You honestly think all this mud slinging you and your ramping cohorts are doing is making any difference.

You were all saying the same in Spring 2022 at 120p.......calling Pro an idiot and Pro is going to lose all his money on his short as its going to 200p soon.

sirmark, scot - all of them..........completely and utterly wrong and Pro was correct.......down it came..........


You lot are pathetic !!!!!!!!!!!!!!!!

[beanlade] 25/11/2023 12:09

Three or four interesting posts on the “real” PANR thread during a weekend is normal. I used to find this muppet show entertaining but it has become tedious, nasty and totally irrelevant of late. Its beyond me what the nutters hope to gain from all the lies and drivel, lets hope newbies don’t get caught in the lies. GLA.

[olderwiser2] 25/11/2023 11:57

Poor Trolls being discredited at every turn, it is hard to stand firm on a bed of fantasy troll tales though