Pantheon Resources Share Discussion Threads

[john henry] 28/9/2021 08:48

Not seeing a flag but a ascending wedge, check out the 4 hourly. Irrespective of flag or wedge, technically looking great.

[poohbear1] 28/9/2021 08:41

Yes 63p. Top of the flag formation

[sirmark] 28/9/2021 08:18

Breakthrough 66.7 today and we're on to 70-80p in a heartbeat imo

[madd_rip] 28/9/2021 08:15

63 you say?

[poohbear1] 28/9/2021 07:52

Chart view: I know many don't believe in charts especially for AIM stocks. However its worth mentioning that we currently have a flag formation very similar to what we had in June. The stock broke out from that and rose from 30p to 60p in short order. If Pantheon breaks through 63p on high volume it could go very quickly to above 80p

[unlikely2] 28/9/2021 07:02

Thanks Scot - probably the best article I have read yet on Pantheon - balanced, but makes a very good case for investing at today's share price The background analysis is also relevant. Would not be surprised to see increased buying interest in the coming days on the back of this.

[doublestexan] 27/9/2021 23:13

Goldman Sachs indicated 90.00 oil by end of year and memory tells me Bank of America said could be 100.00 by first of year.

[doublestexan] 27/9/2021 23:08

Scot126,

Great article ! I will send it to some of my associates. Thanks!!!

[gorgeousgeorge01] 27/9/2021 23:05

Pantheon fans Twitter has gone off like a rocket today. Did someone say $90 oil?

[scot126] 27/9/2021 22:56

Yep, pharmawotsit, he sure is. Taught him everything he knows! ;) I was going to suggest all the moderators/organisers of stocktwits/discord/reddit repost the link? If you've done reddit, GG Twitter, can someone pls sort stocktwits and discord? Rabito79?

gozo - good idea. Mr Darcon? Are you able to assist as per gozo's post #17373.

alaric7 - gotcha.

[alaric7] 27/9/2021 22:29

thanks again Scot. fascinating and reassuring. have circulated this round my group.

[pharmawotsit] 27/9/2021 22:27

Thanks for that Scot. Mr. Maguire seems like a sharp cookie.

I have taken the liberty of highlighting it on the reddit forum.

[gozo] 27/9/2021 22:23

Thanks Scott Maybe if Darcon is still looking in occasionally the link could be pinned in the header to ensure it's easily accessible

[madd_rip] 27/9/2021 22:01

Thanks for the link Scot, certainly another positive take on what Pantheon is sitting on and a very interesting read on the legacy seller who shall remain nameless as being a drag on the sp, but also on the fact that he too is of the opinion it's criminally undervalued and has so many things in Pantheons favour it's mind boggling why we are where we are. I also took note he is convinced that there are possibly many parties that are been courted for whatever deal they deem appropriate. Good stuff, and lifted my spirits somewhat as my other shares are belligerently in the red.

[bigwavedave] 27/9/2021 21:10

Thanks Scot. Very interesting, well-researched article there. Worth printing out and keeping close to hand.

[scot126] 27/9/2021 20:40

Dear All - there's now no question in my mind that PANR's investment case is receiving greater attention from US investors than at any other time since I began following the story. Looks like the OTC has reached or almost reached the record high price since $pthrf started trading regularly a few months ago? Decent vol in the US today too.

Please find below an excellent article on PANR from Conor Maguire, who publishes articles under the username "valuesits" or "Value Situations" on substack. Looks like he can also be found on Twitter @ValueSituations.

I note contrarian8888 retweeted Conor's article to his >14k followers, on top of Conor's c.3k followers. Impressive.

I encourage all on this thread to read the article. Well done, Conor, if you read this thread?

[sirmark] 27/9/2021 19:32

You'd think as Farallon the more chance we have of someone taking them out. I wonder if our billionaire investor is eyeing up that opportunity?OTC doing really well at 3 year highs (bot including $5.21 trade that messed up the charts stateside. Another 1.1mln traded so far and currently at day highs, bodes well for tomorrow, hopefully we'll have a stab at 66p again.

[westx] 27/9/2021 19:15

State of Alaska lease offering announced https://www.energynet.com/govt_listing.pl?sg=5519

[sirmark] 27/9/2021 16:59

Goldman increasing forecast to year end $90 a barrel.... a nice back drop to chat about farm out of one the best types of crude oil, can't get much better !

State side 730,000 traded and currently sitting at $0.8615 high to test is $0.889 so maybe tonight !

GL All

[madd_rip] 27/9/2021 16:56

Thanks for the explanation of time scales. Much appreciated, seems someone is keen, large buy after closing

[unlikely2] 27/9/2021 16:55

I do not think any long term investor in PANR is in any doubt that MORE successful flow tests will increase / multiply? the value. But to imply that prior to these tests the oil confirmed by Talitha and previously Alkaid has no value is somewhat unbalanced.

[the priest] 27/9/2021 16:54

Yes they would but that is likely to be done through flow testing.

If they were able to do an extended production test over say six months, that would allow them to classify the accummulation as reserves which are more valueable than contingent resources but do require more time and investment to demonstrate.

At the last in-person presentation in London, Bob Rosenthal showed a great slide which clarified the stages of development and the movement up the value chain.

[madd_rip] 27/9/2021 16:34

Surely they have to extract some to give a credible flow rate for a prospective customer though?

[michaelsadvfn] 27/9/2021 16:26

I have news for you Madd_RIP, they aren’t planning to extract it.

Prove up, sell the Company.

[unlikely2] 27/9/2021 16:22

The increase in oil price may not affect the current profitability of PANR - but it will be increasing the balance sheets of likely farm-in candidates, which IMO alters the commercial CoS and therefore the fair value. Difficult to quantify, however.
Also I would not discount the effect a rising oil price has on sentiment towards all oil companies, whatever stage they are at.