Pantheon Resources Share Discussion Threads

[helpfull] 02/1/2024 09:51

Cor blimey, guv!

What is the cash situation at Pantheon?

Cash at 31 December 2022: $16.3 million.

Cash at 30 March 2023: $10.8 million.

Cash raised $22 million in May 2023.

Cash and cash equivalents at 30 Jun 2023 : $20,661,012

Cash and cash equivalents at at 13 December 2023: $7.8 million

This last figure after Dec 2023 debt/interest payment and $0.44 million deposit for Dec 2023 lease auctions.

So allowing for late January 2024 placing money the cash position is about $11.9 million on 13 Dec 2023.

The $11.9 million should be reduced by $2.744 million for the cash Pantheon will need to pay towards the March 2024 debt/interest payment.

And Pantheon will need $1.66 million to pay for the new leases plus the first years annual rental of $660,000 when the lease purchase is completed.

That will leave cash and cash equivalents of $6.836 million.

Admin. expenses are $620,000 a month.

But the company went through about $12 million between 30 Jun 2023 and 13 Dec 2023 ( includes $3 million for SMD test).

A cash burn of $2 million a month.

EXPECT A CASH RAISE BEFORE NEXT MARCH,PROBABLY IN JANUARY/FEBRUARY 2024 JUST TO KEEP THE COMPANY GOING.

Over 50% of shares held by retail.

That means you.

Be careful.

[coeun] 02/1/2024 09:15

When he was told to by his superiors. Spreading lies is easier than telling the truth. Always was a liar, always will be. Wonderfully filtered.

[padamster] 02/1/2024 08:26

Keep posting unhelpful as the shares are moving forward. HNY. Profits, Profits, Profits

[michaelsadvfn] 02/1/2024 08:15

Wonderful profits again today.

Lubbly jubbly.

[helpfull] 02/1/2024 08:06

Cor blimey, guv!

How does "Head office" make a $4 million profit out of Administration expenses?

Be careful.

[helpfull] 02/1/2024 07:53

Cor blimey, guv!

Some of those posts were yours.

Shakes head and farts.

Be careful.

[2024 will be the year] 02/1/2024 07:44

What a waste of a life! Anyway , here's to a good year for all PANR shareholders. Imho, I would stick to the guild chaps and let these guys waste their life posting rubbish here.

[michaelsadvfn] 02/1/2024 07:33

187 new posts since I last visited this thread. This is how some spend their time during the festive season.

Deary deary me. Shakes head.

[yombo araka] 02/1/2024 00:11

'Sometimes I laugh out loud just to crack my face'

[yombo araka] 01/1/2024 23:02

What a treat first OWL 🦉 now RABBIT 🐰 .. the Skinner and Chomsky of PANR.

[rabito79] 01/1/2024 22:55

Touching back story Helpful, when did you decide to start making up negative nonsensical technical gibberish?

[yombo araka] 01/1/2024 20:24

And I for one do not 'mock' Helpfull, nor am I ever likely to.

[yombo araka] 01/1/2024 20:23

Don't be so bloody rude.

[coeun] 01/1/2024 20:11

More filtered rubbish and lies from helpful, rejected by all, hated by many, mocked by everyone. A true failure of 2023. The unwanted Christmas present with no receipt to exchange it for something worthwhile. What a sad waste of meat and oxygen.

[yombo araka] 01/1/2024 19:00

In other news .. I came across an outdoor launderette today, very odd.

[yombo araka] 01/1/2024 18:54

Thank you for such a polite and detailed response to my questions .. it's both amusing and alarming what you've had to endure from these bullies.

It's a testimony to your strength of character and integrity that you prevail.

[chris0805] 01/1/2024 17:34

Happy new year all.A time for a fresh start for all.Hopefully the Trolls that have destroyed the purpose of these boards on ADVFN have time for a fresh start too and consider their lies and bullsh1t prior to posting it. I and I suspect many other readers too have capacity to discuss the potential downside as much as the potenitial upside for the PANR investment case. Sadly neither discussion is possible in the case where a small group of trolls continue to post lies. Thanks from me to the respected posters who continue to challenge and correct the troll posts