Pantheon Resources Share Discussion Threads

[winner66] 17/11/2021 13:00

Well I am stunned at the drop . I’ve now added on 3 separate occasions. I’m about to sell my TXP and go all in .

[johnswan193] 17/11/2021 12:56

If you are amazed by the price drop then you are incredibly naive. The market hates delays and uncertainty and always has. Reading between the lines I can see why somebody could take the RNS on face value and see it as a positive, but don't be amazed if the market does not do the same. Personally what impressed me was the price resilience after the initial drop - it even turned blue for a while.

[sirmark] 17/11/2021 12:53

A huge bounce coming in my opinion.

[sandcrab2] 17/11/2021 12:49

Price plunging again

[pharmawotsit] 17/11/2021 12:34

 As I've said elsewhere, if you're not ready to rumble with your men, women and materials when the ink is drying on a main funding solution(s), you'd look plain daft.

 There's bound to be a risk until the drill bit turns but the investor who is offering the loan facility will know an awful lot more than we do !

 Just seems like good and proper planning to me.


 Wotsit clan still accumulating.

[sporazene2] 17/11/2021 12:30

Hi yoghurt73 - I am equally amazed; expect the unexpected and all that. I am left wondering how the news will go down over the pond but if this drop does hold, IMO it adds to credibility to the theory that Farallon selling has been partially soaked up by PI short term money.

[yoghurt73] 17/11/2021 12:24

Amazing to see the price drop after that RNS. I can only assume some of the retail mindset focuses on the short term ‘we need a few quid loaned’ and it strikes them as a poor man company instead of focusing on the ‘to ensure supply chain preparedness whilst negotiating FO’ because we are opportunity filthy rich.

[waterpolo] 17/11/2021 10:46

PANR pay in USD to contractors Could be from anywhere the investor Maybe they sent bitcoin to Pantheon??

[michaelsadvfn] 17/11/2021 10:34

What difference does it make who the lender is?

It’s done and dusted & some anonymous individual was content to give them a short term loan @ 10%. No big deal.

[verymaryhinge] 17/11/2021 10:23

assume the costs are in US$ and priced accordingly - even i can send US$ (cheaply) to someone if i wanted (am British and London based), so not necessarily.

[chris0805] 17/11/2021 10:22

More likely they will spend USD as the reason I would think...

[dan de lion] 17/11/2021 10:15

Drawdown facility of 1.5 million dollars, could that point to an American as the lender?

[sirmark] 17/11/2021 09:20

"it's like buying sunlight before there was sunlight" lol

[sirmark] 17/11/2021 09:20

Exactly my lowest was 13p this time round and highest paid 94p and will probably still be buying in to the £.50 /£2.00 my exit price is well documented £5 although could even have a 1 in front of that lol

[michaelsadvfn] 17/11/2021 09:03

Ride your winners waterpolo. I had this one from sub 15p to 150p+ & fully expect more this time around. A lot more.

[waterpolo] 17/11/2021 08:56

Not when you had a good position from the mid teens Lets see hey

[dlm2602] 17/11/2021 08:53

Last year the company raised $35m at 31p per shares diluting shareholders by approximately 13%. Assuming this year the company raised $45m at only 70p per share,
then existing shareholders would be diluted by around 8.6%. What percent of the assets will we have to give to a prospective farminee assuming they pay this years drilling costs? I assume a large partner will want a meaningful percentage (25%+) so either their value added will have to be something special or they will pay a significant contribution for other future drilling costs?

In my view the company can play hardball. If it raises the funds itself with minimal dilution and the drills come in, the share price and interest in the assets will soar. If the drilling is unsuccessful, the share price will fall whether or not we have a respected partner.

[probabilityofsuccess] 17/11/2021 08:52

‘Crazy’ being a retail seller at 70p waterpolo, missed out on a 35% return.

[sirmark] 17/11/2021 08:51

And we're blue :)Pound push coming

[michaelsadvfn] 17/11/2021 08:51

dan, they were looking to raise 18m and ended up raising 30m due to demand. I don’t remember whether that was £ or $

[dan de lion] 17/11/2021 08:46

Having gone back and looked a bit more carefully the amount raised was $30.2 million as opposed to 30.2 million pounds as put out by Alliance news.

[waterpolo] 17/11/2021 08:45

Crazy retail buying hereWill be interesting once funding announced if not what the masses want....

[sirmark] 17/11/2021 08:40

All mms jumped of the 93/94 and now sitting on 95/96/97

[wee jimmy] 17/11/2021 08:39

I took some off the top yesterday and only managed to buy a 25k and 12.5k back this a.m;my gut feel is that MMs have shaken the tree aggressively as there may be genuine high demand out there.Volume has picked up on the upside...and we are now almost back to where we closed yesterday.

[sirmark] 17/11/2021 08:39

All gone and normal service has resumedPound still on for today :)