Pantheon Resources Share Discussion Threads

[probabilityofsuccess] 26/10/2021 17:04

Already done Michaelsadvfn, left my coat at home though 👍.

[nigoil] 26/10/2021 16:54

michaelsadvfn unlike forwood who is on this forum all day and everyday, WE dropped in at market close and read the rubbish the likes of you and forwood have been posting today ! After reading the postings WE think it's you and not US that need to go out for a VERY long walk and take forwood with you while you are at it... :-)

[chris0805] 26/10/2021 16:49

Well said Sir.. :-)

[responsible investor] 26/10/2021 16:47

These blogs get worse and worse so let's go back to my 18411.

I would be interested to read comments, but only from the wiser and more knowledgeable, of the impact of the current higher crude prices on the likelihood of PANR securing financing either by way of equity or farm-in and whether the rise will improve the terms from the point of view of PANR shareholders.

The mounting (and often emotively driven, unrealistic and irrational) opposition to Oil and Gas in the run up to COP26 concerns me and of course if the price of Oil and Gas increases the financial attractions of alternative forms of energy e.g. hydrogen, wind, solar, ammonia and most importantly (in my view) SMRs - a fact not lost of the National oil companies such as in Saudi and Russia with obvious consequences. They will want to pump as much crude as possible at the highest possible prices over the next 10-20 years.

[michaelsadvfn] 26/10/2021 16:46

Jeez, this thread desperately needs news to give us something to discuss instead of the endless Forwood bashing.

You last 3 posters need to get out for a good walk, get rid of all that nonsense in your heads.

[nigoil] 26/10/2021 16:37

WE have just voted you up for your last post Winner66, keep up the excellent postings!

forwood posts the same b0ll0x day in and day out to suit his daytrading agenda, very transparent to those that read the posts on this forum regularly but unfortunately not to the unsuspecting who don't!......;-)

[winner66] 26/10/2021 16:03

Forwoods posts are all geared to the fall in price potential. His views are biased and he does so with statements that are given as if to provide an air of authority. He comes across in my humble opinion as someone with some sort of agenda , but make your own minds up , I could be wrong.

[probabilityofsuccess] 26/10/2021 15:18

“You are saying I am deliberately trying to influence views by focusing on the negative”.

I am indeed, you have admitted it as much yourself!

YOU have told us YOU have sold some looking to buy back cheaper (we’d be “fools” not to wouldn’t we?) and YOU have told us that YOU talk your own book! There is an obvious conclusion from what YOU have written!

I will admit that I may now be negatively biased to your postings - I wasn’t, until your written word and actions logically inferred a ‘questionable’ approach (see above).

I hope you recognise, though, that your written words do not suggest your actions are independent of financial motivation (on the short side currently)…230;……or to put it another way, you are biased towards PANR share price reducing.

If you can put your hand on your heart and tell us that the views you express are made totally independent of your current desire to buy back at a lower price then I will get my coat!

[forwood] 26/10/2021 14:47

I expect that is a rare find Mike. There's a major difference here though, in that they'll be wanting c £50m

[mike290] 26/10/2021 14:30

forwood,

On the 13th October 2021, Rainbow Rare Earths raised £6.45m in a placing "at 3.4% premium to the closing mid-market share price of 14.5p per Ordinary Share on 11 October 2021".

Therefore, placings are not always made at a discount.

[probabilityofsuccess] 26/10/2021 13:38

Forwood - you are completely missing the point. I am absolutely aware there could be a fundraise. My point was that you articulated your “fear” of something happening that, in reality, isn’t a fear of yours but engenders “fear” into others and supports your trading agenda. Hence reference to previous post! You are either intentionally ignoring that, don’t understand or obfuscating.

[forwood] 26/10/2021 13:32

Not likely though is it, dan? Have you ever seen a fund raise at the current SP? Where is the incentive?

[dan de lion] 26/10/2021 13:17

A 7% dilution would not require such a discount to 70p, perhaps could be got away with an offering at current share price or above, with the removal of uncertainty a big plus.

IMHO

[forwood] 26/10/2021 12:59

Thx metalbee - still having difficulty interpreting the pitchfork! Has the central line been broken? And if so, then what?

[forwood] 26/10/2021 12:29

pos - barely worth a reply, except you're implying something that exists only in your head. A fund raise is possible, highly likely at a lower price than currently and that the price will drop towards it. If you don't think that is a possibility, then you're in denial.

[metalbee] 26/10/2021 11:55

Forwood, post 18331 has a link in it to trading view chart

[probabilityofsuccess] 26/10/2021 11:51

There you go Forwood - subtle use of the phrase “my fear” in your reply to the enquirer (which you’ve kindly shared with the wider public).

QED, ref post 18410

[forwood] 26/10/2021 11:22

Metalbee, could you possibly post a picture please? The allows you to insert a pitchfork and take a picture which you can post here, but without knowing where you're positioning this, I find it difficult to do myself, as this is not an indicator I'm familiar with. Thanks

[forwood] 26/10/2021 11:18

I was asked privately for a view on the chart and might as well share it here. It was in context of a view suggesting a fund raise as a likely option in 2/3 week's time at c 70p. This is what I replied.

Chart is contradictory atm. A recovery in the daily is possible. With the share price move from 73 to 84, MACD has recovered somewhat but the lead line has not crossed over, so it may yet be a failure swing. Stochastics are improving here also, so it may have further to go. Watch for the crossover, if it happens, as that will be a buy signal.

The hourly has flattened out a bit, and although MACD has turned over to the downside, it has not yet been established [since then it has deteriorated a little, so heading down again]. The shorter timescales are approaching tops so I don't expect the hourly to remain up, and there are still sellers about.

All in all, I wouldn't commit to a continued rise without news, but neither would I commit to a sell either unless you have a conviction about the fund raise (which could yet be 2/3 weeks away as you suggest). If it does continue up I expect the previous top to provide some resistance.

I think the general positivity around the future is what is driving the share atm. My fear is that there will be a fund raise and the price will drop to nearer the strike price. Like you, I suspect 70 would be about the mark.

Sorry not to be able to be more definitive but there isn't a clear direction.

[metalbee] 26/10/2021 11:17

Forwood, regarding the pitchfork idea I posted last week. If you revisit the link you will see the share price has taken support yesterday and today from the central line - the trade would still be valid. Ideally it will remain above the sloping central line as the EMAs catch up to offer a backstop.

[metalbee] 26/10/2021 11:17

Forwood, regarding the pitchfork idea I posted last week. If you revisit the link you will see the share price has taken support yesterday and today from the central line - the trade would still be valid. Ideally it will remain above the sloping central line as the EMAs catch up to offer a backstop.

[unlikely2] 26/10/2021 10:09

Ringsing - I cannot see the US signing up for anything that will restrict development of their domestic oil production further. Particularly at the moment when the administration is under fire for increasing gas (petrol in the real world) prices, and they can look across at Europe and see what happens when you become reliant on imported energy.
Of more concern might be how the investment community react.
It may play the other way - it would be great to have funding done and dusted before the resolutions are published.

[ngms27] 26/10/2021 10:01

But a farmin partner my offer to pay for the upcoming works and a percentage of prior sunk costs.

I concur they will likely want 25% equity.

[johnswan193] 26/10/2021 09:55

Dan de lion - I agree with you. I personally don't see any partner offering better than 7% dilution. They'll want their % plus options. Would happily be proved wrong but placing very much what I expect. If that happens I don't think the dataroom exercise will have been a waste of time as we will have more interested parties going forward.