Pantheon Resources Share Discussion Threads

[bigdazzlerreturns2] 28/11/2021 17:26

The low 60’s is very much on and the way the chart is playing out the probability is getting higher.

[scot126] 28/11/2021 16:25

Dear All - admittedly not an unreserved third party verification but our neighbours to the south, 88 Energy, are “anticipating putting out an updated prospective resource estimate in the near future” for Project Icewine. I contend a newly appointed MD of an E&P company would *not* be trailing a downgrade in a public interview? Therefore, to my mind, it’s pretty much a racing certainty the 88E technical team has accepted and approved the VAS data from Talitha #A to a sufficient degree that it forms a primary basis for a resource upgrade to their Project Icewine.

“Work is continuing with the reassessment of the potential across the acreage in light of the Pantheon Resources Talitha #A well. The Talitha #A well is just north of our Icewine acreage. We’re encouraged by the results that Pantheon published in relation to their drilling last season. I understand they’re going back again next season so we’ll be watching that with interest. We believe that [the] resource potential being targeted by the Talitha #A well extends on to the Icewine acreage so we’re anticipating putting out an updated prospective resource estimate in the near future.” ( - Ashely Gilbert, MD of 88 Energy, interview; dated 23/11/21)

[chris0805] 28/11/2021 16:09

This is how I remember events at the time also. I would say that's pretty much it.

[scot126] 28/11/2021 14:18

Hi Spangle93 and rvsy2 - I genuinely have no recollection of PANR being part of the FTSE Russell AIM 100 or FTSE Russell AIM 50 in the past. What rvsy2 is referring to is PANR's only previous promotion from the MSCI Global Micro Cap Index to the MSCI Global Small Cap Index which occurred a few weeks before the VOBM#2H news arrived. That previous promotion was, IMHO, the primary impetus behind PANR's noticeably swift move from 150p to 180p around that time. Naturally, after the result from that well PANR was demoted back down to the Micro Cap Index at the next MSCI revision date (in Nov '16 from memory). My records indicate PANR has been in the MSCI Global Micro Cap Index ever since until the promotion notified by MSCI on 11/11/21. As posted previously, let's all hope we remain in the MSCI Global Small Cap Index for a considerably longer period than 6 months this time around!

[rvsy2] 28/11/2021 13:29

Spangle93

PANR was in an index around that time but my recollection is that it was one of the Morgan Stanley indices rather than a FT AIM index.
I trust that you are keeping well.

[spangle93] 28/11/2021 11:51

Scot - thanks for your research.

I'm surprised to hear that PANR hasn't been in the FTSE AIM-100 before. I thought I recalled they were at one stage?

Looking at the current FTSE AIM-100 make up, the lowest m/cap is just above £200MM, but assuming that this one company has had a rough quarter, there are 10 companies below £320MM.

On 9 March 2016, PANR raised funds, increasing the TVR to ~215MM. The price at the time was 137p (£295MM M/cap), and the share price remained over 125p for 6 months.

If the m/cap value threshold for constituents of the Index stays roughly constant, then any share price over 100p should have put the company into the FTSE AIM 100.

However I can't find historic data for index members or thresholds, nor where Jay mentioned it, so my efforts fail to do more than add circumstantial evidence ;-)

[rafthorney] 28/11/2021 10:49

I had johnswan filtered for the constant negativity and then unfiltered him. What a mistake to make! I don't mind differing views but come on.

[antique7879] 28/11/2021 08:59

Pharmaceutical companies say they could update vaccines to match the Omicron variant in around 100 days if they were needed.

[ottoman1453] 28/11/2021 06:57

Much looking forward to developments over the next few days, as November turns to December.

[johnswan193] 27/11/2021 23:40

Scot, the point, as you know and like I already said, is that by the time an inclusion is announced or imminently expected, the effect is already priced in. Market participants may accumulate based on forecasts ahead of the event to be able to offload against index rebalance trades.

I don’t think you understand this at all, which is why your recent posts on the subject have been based on suggesting positive price movements once the index trackers begin their rebalancing. Either you didn’t understand that, or you have been deliberately misleading in your posting because it suits the agenda you’re pushing.

[scot126] 27/11/2021 23:25

johnswan193 - kindly cease your obsessive and deeply unpleasant habit of DMing posters on this thread. Your conduct is completely inappropriate and unacceptable.

Over to the thread......

[dhb368] 27/11/2021 23:16

Wow you got a whole sentence. You must have done something really worthwhile to illicit that much effort.All I got was one word. Pr*ck. Couldn't tell if that was his signature or the message.

[johnswan193] 27/11/2021 23:11

Please keep this on topic both of you. If you have something personal to say to me outside of debating a point then send me a DM and we can sort it out that way instead of spamming up the board here.