Pantheon Resources Share Discussion Threads

[og_2020] 26/1/2022 09:15

Brinstocks1 - you’re really turning into quite the nuisance.

[cezuan] 26/1/2022 09:12

@Probabilityofsuccess

Lol. 78p is the highest price it regularly achieves, but doesn't succeed. That is clearly noticeable and some may find it relevant, some not. But it certainly is not odd. In technical terms you call that a "resistance" level. Similarly we were rangebound between 77 and 89 before. That may help to expect muted price action as well as buying and selling at the respective price levels in the absence of fundamental information.

[winner66] 26/1/2022 09:10

Well done SirMark a great buy .

[sirmark] 26/1/2022 09:00

done 121594 @79.3078

[sirmark] 26/1/2022 08:58

ok coming in for another tranche £96.4k keep you eye out just trying to get a better price :) ..

Re-watched the video and 79.30offered at the moment hoping for 78 p

[probabilityofsuccess] 26/1/2022 08:57

It’s also not held above 90p, or 100p or 200p recently (yet!). Doesn’t mean it won’t.

[donkikong] 26/1/2022 08:54

The price has not held above 78p since late November. Why is that an odd statement?

[winner66] 26/1/2022 08:29

Pro. I totally agree , yesterday’s price comments were very odd and designed to aggravate in my opinion .

[pro_s2009] 26/1/2022 08:25

Soon enough this will blast through 80p and keep rising. Those talking their own book of the "78p" will soon enough be buying back in and chasing the price upwards.

[phsarkandalpp] 26/1/2022 08:17

8.20 a.m. share price 79.6p. Watch out, everyone. That 78p cap's about to descend. (Or was it 80p intothewild?)

[soggy] 25/1/2022 22:07

Scot - like Spangle, I'd be interested in the name of that small cap with the potentially high upside. Can you share it on here please?

[ashy43] 25/1/2022 22:04

I liked what Jay said on the webinar. " so how do fields grow in size?"You could increase your recovery factor, our recovery factor is in the low teens, about 13% overall, if we just go to a normal recovery factor of say 25% we will have doubled that 2.2 billion barrels to 4.4 billion barrels - so we have huge upsize I believe in our area.

[dhb368] 25/1/2022 21:10

hTTps://youtu.be/8B3KWSG8WPs

[dhb368] 25/1/2022 21:03

Webinar is up on YT now.

[unabkxb] 25/1/2022 19:32

Anyone know where I can get the audio recording of yesterday's webinar which I missed.

[ngms27] 25/1/2022 16:47

Rabito79, almost lyrics from 'Living on a prayer'

[rabito79] 25/1/2022 16:46

The main thing is we have still got each other.

[brinstocks1] 25/1/2022 16:36

Majestic Pantheon!

[scot126] 25/1/2022 16:24

Winner66, post #21492: lol, I am *trying my best* to "mute the deranged few" with weapons such as facts, maths and practical experience. Let's see whether they continue to "moot" their false theories after being schooled, shall we?! Lol.

Not sure what the PANR capital structure has got to do with "democracy" either, but good luck in your campaign! Lol.

dan de lion - yep, a bit quieter than of late. From some of the other forums, it looks like quite a few Yanks haven't yet watched the webinar? Let's see if the viewing numbers go up when it's available on YouTube? Anyone seen it posted yet? The stock seems pretty tight over on the OTC, with the UK leading the US market directionally for now = the opposite of 88E?

[spangle93] 25/1/2022 16:21

Very compelling, thanks for sharing, scot 126

Out of interest, which was the wee tiddler, £20MM m/cap? Sounds very exciting. There's actually a copper mining exploration company I like that's got a m/cap of about £5MM, half of which is cash or shares in a big fish, but I'm always up for hearing about others slanted towards upside opportunity.

Is that the same company as the lowest percentage figure, if not which company was that?

TIA

[scot126] 25/1/2022 16:15

Dear All - I forgot to summarise the recent Canaccord O&G sector piece which saw PANR included in the Top Picks section and the TP moving from 200p to 220p. Please find below the references to PANR included within the report, together with an attempt to give context where appropriate.

Canaccord "Q1 22 sector update - lots to go for." [dated 11/1/22]

Canaccord Genuity view

The sector heads into 2022 with (almost) a spring in its step despite having been beaten early on by COVID and buffeted by continuing ESG issues. Yet, of course, it is still not quite the talk of the town and the concerns, especially the E part of ESG, are quite rightly not going away. But much stronger commodity prices - oil and now gas - have buoyed the sector, derisking the 'difficult' stories, and adding real shine to the 'good' stories - quality assets, seasoned management, growth potential, consistent FCF generation, and shareholder returns - which still look in our view notably undervalued.

This sense of undervaluation has lain across the sector for sometime now, and the likelihood is it will continue due to the ongoing structural change in energy. Yet, we still think there is plenty of scope for a narrowed valuation gap while retaining a more cautious view on the sector than in its heyday.

While analysts routinely extol the sector's appeal early in the year, 2022 feels better than for some time. With a little more balance in the debate about the need for hydrocarbons (we'll need them for many years and reduced investment could see continued strong pricing) and the continued demonstration of widespread cashflow generation capacity (can that be ignored indefinitely?), the sector could do well.


If companies can show they are genuinely delivering improved asset management to reduce their (hydro)carbon footprint - a convincing and consistent industry-wide approach to measurement has yet to evolve in our view - and to present greater S and G advances, more investors may become alive to the sector's improvements and cashflow. It could be a very good year.

Oil and Gas price revision, sector valuation.

We are increasing our base commodity price assumptions and making some specific stock adjustments to incorporate recent newsflow.

Brent: $77.5/bbl (was $72.5) 2022, $70/bbl (was $62.5) 2023, and $67.5/bbl (was $62.5) 2024+

Top picks:

Pantheon (PANR): high impact exploration/appraisal drilling/testing in Alaska

scot126's summary of the Canaccord tables:

PANR - spec buy - TP 220p from 200p - upside to TP 173% [scot126 - of the 16 stocks in the coverage list, PANR's 173% upside to TP was the second highest percentage.]

PANR: [overview] Drilling/testing operations underway in Alaska, key drilling and testing programme over coming months with lots of newsflow.

PANR: Central NAV = 495p, SP/Central NAV = 16%, Full NAV = 495p, SP/Full NAV = 16%, difference between TP and Full NAV = 56% [scot126 - of the 16 stocks in the coverage list, PANR's differential of 56% was the second highest percentage differential.]

In PANR's sub-sector of 9 UK O&G stocks, the *average* SP/Full NAV was 57% and the median was 58%. The next lowest percentage to PANR's 16% figure was 41%.

Across the whole coverage list of 16 O&G companies, PANR's SP/Full NAV of 16% was the second lowest percentage figure.

scot126 - on all metrics (with the exception of a wee tiddler c.£20m mkt cap) measured, PANR has the greatest upside risk. IMHO it is *not* priced correctly currently to take into account of this rare, potentially elephant-sized upside risk.

[winner66] 25/1/2022 16:02

The share price will do what it does , supply demand rules apply . There is no cap , repeat no cap , that’s just a ridiculous opinion muted by a deranged few. There are always physiological levels to pass , that’s a very different scenario to a cap , which suggests an impossibility. Ridiculous, even defies democracy .