Pantheon Resources Share Discussion Threads

[ngms27] 10/12/2021 16:46

sirmark, I didn't say 25 years UNTIL first production I did say production will be over a 25 year period and in the success case will be a few years away, which fit's entirely with your opinion.

[scot126] 10/12/2021 16:43

Hi Bobbiedazzler - very, very, very fair point about producer/revenue generator and addressable institutions. You are 100% correct that some fund managers are black and white on that issue. I spoke only yesterday with a former colleague of mine who is now a fund manager. The fund he manages has just such a "rule" in place. Well highlighted.

[ngms27] 10/12/2021 16:42

BTW just banked 65% on RKH with a shortish holding period, now that's what I call trading ;)

[ngms27] 10/12/2021 16:41

No it doesn't at all. I don't think you can prove any correlation with any real statistical significance.

[rafthorney] 10/12/2021 16:40

I love" the terms will probably change now that we are fully funded". Jay and Bob,top guys imo.

[bobbiedazzler] 10/12/2021 16:37

Blimey, don't go into trading! The PANR share price clearly reflects the crude price up and down, and that's a pretty good generalisation for all e and p stocks

[madd_rip] 10/12/2021 16:34

You are truly an utter misery of a person. All your posts are the same miserable, downbeat, woe is me drivel. Filtered.......AGAIN

[ngms27] 10/12/2021 16:31

Sure for a few hundred BOPD the POO will make a real difference for a £500m market cap company...

[bobbiedazzler] 10/12/2021 16:30

Another key take-away for me from the Blytheweigh interview is that there is a potential second producing well off the Dalton Highway given the higher than planned fundraise. Two producing wells by the next winter season would be pretty enormous news. It would open up the share to institutions that insist on production not just exploration, and provide the company with cashflow to avoid the sort of potential squeeze that I suspect the farmout partner tried to exert this autumn. Can anyone shed any light on what sort of production we might expect out of one or two wells at Alkaid?

[dan de lion] 10/12/2021 16:28

With the prospect of two producers in 8 months time, then a shorter time span on the price of oil will be of interest!

[ngms27] 10/12/2021 16:16

The day to day oil price plus or minus $20 is of no relevance today for PANR equity.

If anything were to be developed the time horizon would be 20 to 25 years into the future from the start of production which in a meaningful way is several years away in the success case.

The price of POO for a non producer / not near time meaningful producer isn't even worth a consideration as it's got zero impact on current equity.

[dan de lion] 10/12/2021 16:15

Two horizontal wells at Alkaid as producers!

[scot126] 10/12/2021 16:09

Post #20363: Thank you m'lud, much obliged.

I'll have to re-watch the Blytheweigh interview but key takeaways for me were:

a) the Nordic Calista rig is now contracted (they used the temporary loan of a couple of weeks ago to put down the required deposit by the sounds of things).

b) PANR had agreed commercial terms with a potential farm in partner as far back as the summer this year. Financial and technical terms had been agreed (NB NB NB which strongly suggests the asset has passed the potential partner's technical DD, something we can all use as a rebuttal for the superficial "influencers" like Oilman Dim and others who will not accept PANR's data until someone else does). Something appears to have upset the apple cart in the second half of November (structure of operations past 21/22 season? Potential partner squeezing PANR on terms as we faced a funding cliff?) and the twin tracked option of CB + equity went live.

Some won't like it, I accept that, but wait 'til you see the confidence oozing out of Jay and Bob about the upcoming programme. Oh, and Bob repeats his statement that he is not aware of anyone else targeting a resource of 17bbo OIP anywhere else in the world next year. Great stuff.

PS Twitter, reddit, stocktwits, discord moderators might wish to get the YouTube link out there? TIA

[bobbiedazzler] 10/12/2021 15:57

Current oil prices inform future prices (in fact future prices should broadly beca function of current price and interest rate). And that informs investment decisions including assumptions about future prices. So the Alaska oil price is very relevant. Also note Canaccord's sensitivity analysis: each 10 per cent change in crude price changes PANR by about 25 per cent. Scot therefore acquitted on this one.

[scot126] 10/12/2021 15:56

Blytheweigh/Core Finance interview with Jay and Bob, dated 10/12/21.

[syed019] 10/12/2021 15:55

Latest BW business news interview with Jay and Bob now on youtube

[winner66] 10/12/2021 15:33

Scot your post re Alaskan oil prices is utterly irrelevant. We are not a producer , we might become one , but currently we are not !

[madd_rip] 10/12/2021 14:04

I know, waiting for mine. Tiny amount compared to others but a no brainier really

[scot126] 10/12/2021 13:58

I know how much certain posters will have missed the following update, so here goes!

On 8/12/21 the ANS price per barrel was $77.07 v's WTI @ $72.36 v's Brent @ $75.82.

We've been able to observe, for many months now, an uninterrupted pattern where Alaska North Slope crude is priced at or above Brent crude. Jay and Bob have mentioned this as a factor in the PANR investment case.

[dhb368] 10/12/2021 13:27

Possible Madd, but I suspect that we will be churning through new shares for another week or so and these trades are just that.
The shares should actually hit PIs accounts on Monday.