Pantheon Resources Share Discussion Threads

[helpfull] 28/11/2023 10:13

Cor blimey, guv!

I see 88e is down 20% this morning. Fact!

Stick around.

It could be your turn next.

Why can't 88e get vendor finance and offtakers finance?

Because it's not there.

Be careful.

[helpfull] 28/11/2023 10:02

Cor blimey, guv!

It's always on the edge.

Because there is no reservoir.

Just blisters of oil, gas and water which you'll have to frac to get meagre flow rates with steep decline rates, 60% in first year. Fact!

Which will lumber the company with huge debt. Fact!

Who wants to buy billions of dollars of debt?

No one. Fact!

Be careful.

[olderwiser2] 28/11/2023 09:57

Helpful have you forgotten what the question is, read it again, then you will understand why you are so wrong

Is a lower GOR good or bad ?

[helpfull] 28/11/2023 09:50

Cor blimey, guv!

It is in the company plan.

Although I did mention it in my earlier post which you chose to ignore:

"The company is expecting to drill 400injector wells at a cost of $5-$6 billion over 15 years share it is obviously bad. Though it needs injector wells for aqueous disposal"

If you question the company line why not question all of it.

Like the need to raise cash by dilution.

That is going to cost shareholders dearly. Fact!

Be careful.

[olderwiser2] 28/11/2023 09:38

Helpful OK
Your answer
For Pantheon finances it could be bad. The company is expecting to drill 400injector wells at a cost of $5-$6 billion over 15 years share it is obviously bad. Though it needs injector wells for aqueous disposal.

The truth
You just argued that a lower GOR, could be bad because of the number of wells to be drilled for reinjection. Guessing you did not know a lower GOR will reduce the number of reinjection wells required

[helpfull] 28/11/2023 09:29

Cor blimey, guv!

It is all quite clear to me.

You need to explain why $6 billion on injector wells is incorrect.

Your shareholding is going to be diluted to hell to pay for them. Fact!

Be careful.

[chris0805] 28/11/2023 09:18

No they do not . Just trolls like you talking boll*cks Grow up child

[olderwiser2] 28/11/2023 09:14

Helpful if you go back and read your answer to the GOR question

Is a lower GOR good or bad

You have quite amazingly managed to get every single point completely backwards

So zero out of 10 for you

[scot126] 28/11/2023 08:56

I care, Helpless.

Yes or no. With all the known characteristics of PANR's asset base, is a lower GOR good for PANR?

I know the answer. Olderwiser knows the answer. You're out of your depth and you don't have the honour to admit it.

Helpless is nothing more than a troll. Fact.

[olderwiser2] 28/11/2023 08:39

Helpful
Sorry that is just a long bluster to avoid the question
Going to have to add in an edit, it also shows you do not understand what you just wrote

Try a yes or no

Is a lower GOR good

[helpfull] 28/11/2023 08:34

Cor blimey, guv!

Is a lower GOR good or bad ?

You were going on with this question last evening when I went to beddybyes.

You've stayed up all night and are still asking the same question this morning.

Must be important to you and your cronies.

It depends.

For Pantheon finances it could be bad. The company is expecting to drill 400injector wells at a cost of $5-$6 billion over 15 years share it is obviously bad. Though it needs injector wells for aqueous disposal.

For Pantheon finances it could be good. If a gas pipeline is built they could sell gas, though I think they would prefer it not to be there in such quantities.

The gas can be used for power generation onsite, so good.

Gas in the wells provides some oomph as a carrier to move the oil, so good.

The gas has environmental issues,so bad. As evidenced by the short term of license when testing Alkaid 2.

The gas has to be expensively separated, so bad. And contains the most volatile alkanes not easily separated, like ethane, so energy is lost.

So it is a grey area. The gas can be managed as the company describes below the bubble point. That has its problems as well. With production, so bad.

Hope that helps as it appears important to you.

Be careful.

[ohdearohdearohdear] 28/11/2023 08:04

More confetti from 88e I notice. Where 88e leads, panr always follows.

Be careful.

[mlf51] 28/11/2023 08:02

Well done you must have been too clever for her.

[olderwiser2] 28/11/2023 07:21

I am in profit already

Now my question

Back to the big question the trolls are so resolutely avoiding, don't let fear get in your way now


Is a lower GOR good or bad ?

It is good to get this clear, before the confirmation is released in a few weeks.

Lets cut down the wiggle room for trolls