Pantheon Resources Share Discussion Threads

[helpfull] 06/1/2024 22:26

Cor blimey guv!

According to Forward the costs are already 20% higher than planned for.

They are his figures.

You need to speak to him.

And ask him your technical question.

Be careful.

[rabito79] 06/1/2024 21:46

Astonishing stuff Helpfull, so what you are saying is if you inflate the costs, you end up with inflated costs.What's happens if you reduce the costs?Keep helping

[boochy gongles] 06/1/2024 21:36

We can't join the GUILD, women can't join the GUILD, what exactly what are the entry requirements?

[helpfull] 06/1/2024 21:34

Cor blimey, guv!

"filth and depravity"

I have it on good authority that females are not allowed into the guild.

I was told it was a technical issue.

They can't be blackballed.

Be careful.

[boochy gongles] 06/1/2024 21:24

I refute that, it was The Lizard who introduced poetry to the thread I merely responded (in a markedly superior fashion)

As for the GUILD I bet it's awash with filth and depravity there has to some reason why they won't allow access.

[helpfull] 06/1/2024 21:11

Cor blimey, guv!

It's your fault Boochy.

You and your Haiku.

"still beating their tired drums, and fluffing up and rehashing the tiresome
banality"

Everyone is suddenly a John Betjeman.

If poetry is having this effect on the staid olderwiser2, just think what all that nudity will be doing to the guild.

Be careful.

[boochy gongles] 06/1/2024 21:01

It's OWL 🦉 with a Bob & Dave - Cut & Paste bonanza (but at least he kept it to one post)

Highlight for me was:

'from high risk exploration, to a bread and butter oil production company'

😄

[olderwiser2] 06/1/2024 20:29

Trolls still beating their tired drums, and fluffing up and rehashing the tiresome banality of the last few weeks.

Moving along to the investment case now, PANR have 100% of

~ 1 billion barrels of independently assessed contingent oil resource in Kodiak

~ 500 million barrels of PANR assessed contingent oil in Aphun, (currently awaiting the NSAI IER)

A proven ability to achieve frack efficiency of 50%, which backs up the 40% required to lift EUR in Aphun, to the very conservatively estimated average 1000bpd in year 1, and expected ultimate recovery of 1 million barrels per well

COS of 70% to more than 90% in the newly acquired acreage, much of which will be conventional, rather than the tight conventional PANR have based their financial modeling on.

Of note PANR have modeled very conservatively using the actual results from long term testing at the Alkaid 2 anomaly, which is the poorer of the reservoirs, with a frack efficiency of just 20%.

In short PANR now have massive discovered resources, that based on real results, are modelling as valuable assets, and are now taking those assets to production.

This is the first time this strategy has been applied, and financing sought to transition from high risk exploration, to a bread and butter oil production company.

[boochy gongles] 06/1/2024 20:19

This gentleman doesn't seem particularly enamoured with NOBB or his GUILD.

[boochy gongles] 06/1/2024 20:16

Staggering pomposity from NOBB regarding his precious GUILD.

[yoghurt73] 06/1/2024 10:25

Says the man standing in the middle of a set of train tracks looking only one direction down the line...100% confident nothing is coming.

Be careful

[helpfull] 06/1/2024 10:14

Cor blimey, guv!

From the horse's mouth.

"The real figure, based on communication from the FD, is that general and admin spend is about US$7m pa, subject to spend on investment banks, additional staff, travel etc. So let's assume a more than generous $5m for that, which would add up to a monthly spend of c $1m"

'Thank You' to Forward and the finance director for providing an 'up to date' annual administration figure.

$1 million per month or $12 million a year.

Worryingly, that is 20% higher than the $10 million administration expenses allowed for in the $120 million planned expenditure.

A 20% increase in the whole $120 million would mean $144 million is needed.

And the 2,000 well/$25 billion plan would be $30 billion.

Costs creep.

Shifting sands.

Be careful.

[boochy gongles] 06/1/2024 09:42

Bill's streaky bacon
Leads the Lizard to Yombo
What will happen next?

[boochy gongles] 06/1/2024 09:08

Lizard I went to Pomegranate yesterday, going again today.

[boochy gongles] 06/1/2024 08:58

'p.s. How is Seaford?… regards to BILL'S!'

Imagine the utter confusion the next time I visit Bill's (I'm not avoiding it threat or not) when I say:

'Mark Liddiard sends his regards'

[boochy gongles] 06/1/2024 08:52

Hard read x 4, he didn't really have anything new to say (does he ever?) at best he had a single posts worth of material, stringing it out over four was desperate.

One point I would like clarified, am I supposed to be unsettled by his familiarity with the menu at Bill's, should I regard that as another implied thread?

[beanlade] 06/1/2024 06:05

Forwood, I did……filtered Helpless and yes the whole thread is MT :) GLA

[boochy gongles] 06/1/2024 04:03

Four posts from lizard
Delusion, repetition
Nothing new offered