Pantheon Resources Share Discussion Threads

[probabilityofsuccess] 07/3/2022 10:20

Pannikin - if ngms chooses NOT to share his rationale, then people can make their own judgement on why he chooses not to.

If he does share his rationale, we can make informed decisions about the value to put on his view vs. the others I mentioned.

[pannikin] 07/3/2022 10:17

Don't feed the trolls.

[probabilityofsuccess] 07/3/2022 10:16

Ngms - whether you are subsequently proven to be right or wrong on that view, please could you provide your insight in terms of a rebuttal of the view from telemachus and geodesrock (which I’m sure you are aware of) who seem to think it’s not an unresolvable operational issue and is quite common).

I’m sure many on this board, including myself, would value understanding THE RATIONALE for your view. Many thanks.

[forwood] 07/3/2022 10:12

Please enlighten us?

[ngms27] 07/3/2022 10:08

Yes it blocked, but consider why that might be the case given it's also had a large frac.

[johnswan193] 07/3/2022 10:04

You've written off the SMD Jonny? Do you not believe the story about the blockage?

[ngms27] 07/3/2022 10:02

No they won't test the upper BFF as they are running out of operational time due to delays.

So it looks like we have to wait another year for the upper BFF and SMD which I've personally written off.

[johnswan193] 07/3/2022 09:31

Winner, 2.1m traded today, and 1.4m classified as sells on here. This is not MM manipulation, look at the wider markets. Sometimes people can't see what is right in front of them until they get punched in the face.

I expect some investors won't be comfortable holding in this environment and given the remaining likely possible outcomes at TW/SMD this season:

1. Positive flow test at TW. If this works out nobody will be too upset if we don't make it back to SMD at Talitha. Getting another try at SMD would be good but I expect in the success case they'll probably stick with TW only for remainder of this season, with SMD to be revisited at Alkaid.

2. Failed flow test at TW and another attempt at SMD at Talitha. The damage of a failure at TW would IMO be so severe that even a subsequent positive outcome at the SMD may not even take the price back to current levels.

3. Further delays or inconclusive results at TW requiring coming back again next season. Market would likely receive this almost as badly as a failure, at least in the short term.

As for COS - I certainly cannot put a figure on it, but assuming no further operational problems then I am expecting an improvement on the Talitha flow. If that happens then we could see a 50%+ increase in share price from current levels, but likely plenty of time to add or buy back in before the full scale is digested and reflected by the market.

A smaller point but there also still remains a question over whether they intend to test the upper BFF given they only referred to the lower BFF oil bearing sections in the most recent RNS.

[probabilityofsuccess] 07/3/2022 09:28

hxxps://www.barchart.com/futures/quotes/CLF30/overview

Agreed Neil, note though, that it has still risen very significantly in the last year.

[neil9327b] 07/3/2022 09:18

@mlf51 no we don't have to be producing to see full value. The valuation of PANR is the market's current aggregate opinion of the value of its oil assets, discounted for risk and the future prices of oil when the oil will be extracted and sold. The issue here is that while the current oil price has risen a great deal, the market's opinion of the future price of oil has not risen so much.

[sirmark] 07/3/2022 09:09

Another great post John what an addition you are to this board !!!!!!

We're so blessed to have your great input everyday, it's such a joy.

[winner66] 07/3/2022 09:05

I’m saying John that market makers take advantage of volatility. Example can be an over zealous drop in a share price based on a very small sell or sells. It’s as old as the hills that tactic. Normality usually resumes once that scare tactic has been utilised. Usually once again after circa an hour .

[mlf51] 07/3/2022 09:00

Are you saying we have to be producing to see full value

[idriveajag] 07/3/2022 08:51

NTOG looking good.NTOG MCap just £3.5m, already producing in Texas, just drilled another well and awaiting results, three more wells to follow this year funded from cash flow, now profitable, immediate benefit from higher oil prices as they sell unhedged.NTOG potential 20x bagger this year.

[johnswan193] 07/3/2022 08:28

Why is it a market pricing failure? Can people please stop posting predictions based on hunches? The market does not want risk at the moment and Panr does not yet have producing assets to take advantage of the oil price.

[chris0805] 07/3/2022 08:16

May be edit the decimal points out??

[winner66] 07/3/2022 08:16

Market pricing failure. However just wait until after 9am this morning and the steady increase in the share price

[winner66] 07/3/2022 08:16

Market pricing failure. However just wait until after 9am this morning and the steady increase in the share price

[sirmark] 07/3/2022 07:50

Oil hit $139 currently $129

[winner66] 07/3/2022 05:54

Oil Price touching 130 a barrel. Overnight carnage on the markets , futures for European, FTSE and US stocks marked down. Happy Monday all. As for PANR I’m absolutely convinced we will see an up day . Good luck , hold nerve .

[scot126] 06/3/2022 22:32

Dear All - looks like the SoA is ready to "Drill, baby, drill!"

[h/t moda]

GG - you may want to tweet this interview out to the PANR twitter fans? If you do, please tag in @lisamurkowski @GovDunleavy @SenDanSullivan @DonYoungAK

The names listed above are the 4 most senior politicians in Alaska at State and Federal level - fyi.

[bl1p] 06/3/2022 15:22

Micro.annulus a non issue now at TW? Yes or no? Anyone?

[forwood] 06/3/2022 14:03

Pannikin, likewise you're entitled to your interpretation but I think the words: 'it can be difficult to synchronise with any accuracy an orderly, sequential use of equipment' are unambiguous. The RNS simply doesn't contradict that - it just says that they couldn't get hold of an alternative (given the mishaps encountered.)

The only reason for my posting now was Scot's disingenuous post and his nasty sniping posts at people who don't 100% agree with him. He is not infallible!