Pantheon Resources Share Discussion Threads

[probabilityofsuccess] 10/3/2022 12:12

They can afford to have more problems johnswan - but perhaps you can’t afford them to have more problems? Subject to no insurmountable/fundamental issues in the short term I am, and remain, one of those “individual shareholders on here……………….happy to sit tight”. If the value is proven in the ground and it’s subsequently (even beyond this season’s timescales) proven that we can get it out commercially, that will ultimately be reflected in a much, much higher share price, irrespective of your personal view that there will be credibility issues. I am not in this for the short term, neither are many, many others on this board.

[johnswan193] 10/3/2022 12:01

Really time now for the company to deliver. Yes LBFF and SFS at Talitha gave some good indications, but not enough to support the share price if further operational issues or failures occur before the end of the Talitha/TW season. Need to deliver a positive and conclusive result at TW or the company will have severe credibility issues, regardless of what individual shareholders on here say about being happy to sit tight. Logging issues, cementing issues, a blockage at the SMD, having to share testing equipment between the two sites - I get it that they are operating in an extreme environment but they can't afford to have any further problems.

[chris0805] 10/3/2022 11:38

I do Forwood :-)

[sirmark] 10/3/2022 11:34

09-Mar-22 17:59:49 £119.20 1,196,927 Unknown* 110.00 135.00 £1m

That was some trade.... not sure if its a buy or sell. either-way its in the price now.

[chessman2] 10/3/2022 11:32

Yes, I believe it’s the bond holders as well.

Like marmaris on another site I remain confident.

[dhb368] 10/3/2022 11:29

4.8M shares issued to the GB shareholders (their conversion) last week are tradeable from today and CB holders are also due get a few million more next week so todays weakness is perhaps not unexpected.

Edit: correction as per scot126 #24105

[forwood] 10/3/2022 11:20

There's a modicum of support on the chart c 110. Surprised to see it fall this far (have bought 10k lots today at prices 112.2 to 115.4). Shorter term indicators are now looking quite oversold.

The daily chart is working off the rise to the mid 140s. It has quite a way to go after that rise and somehow I don't think it will complete the down move unless there's unexpectedly bad news from TW. So long as the news is good, there will be scope for a significant and sustained rise from a chart perpective.

[forwood] 10/3/2022 10:50

Mark of honour, Chris0805. I'm interested in what he has to say because his instincts are not far off at times. Just have to read the substance with realisation of where his interests lie!

[brian boru] 10/3/2022 10:20

its still pretty cold at Dead Horse, around -20 c for the next week but thankfully no sign of blizzards in the forecast!

[jontyfromsa] 10/3/2022 10:13

Any weather updates??
It sounded like that had a major impact in all the operational problems last week

[forwood] 10/3/2022 09:41

Am curious as to who is selling this - bondholders or price 'players', and how far they're prepared to go. Whatever, am picking up several rather cheaply!

[senttothegallows] 10/3/2022 09:41

Interesting post BB one think is for certain if Theta West comes in current price will look like the sale of the century IMHO

[brian boru] 10/3/2022 09:13

picked this up from the other place, seems Maramaris is pretty confident and suggests News could come quicker than we think.

LBBF 09 Mar 2022 17:55

Ford tin is correct .Totally agree I think we can get both at TW. A flow test on LBBF is important. If it is as good as we think. It will flow easily.

Does not take weeks to prove it ????????

Time for UBBF easy. Move all back to Talhita on the retreat back to Dalton mid April. Fine with me.

[bit coin] 10/3/2022 08:06

I just noticed the 1.2 million trade at 119p yesterday evening……;……̷0;

[chris0805] 10/3/2022 05:53

That's the chap...

[tizo100] 09/3/2022 22:22

Prolapse the person that uses agendas positive and negative to his own advantage the person's a gutter rat was well known for doing the same in Rockhopper Exploration and Desire Petroleum years ago filter the tramp

[fordtin] 09/3/2022 18:32

unlikely2 - Lol, hope you enjoy your fizz.

Looks like we've both drawn the attention of a red thumb merchant who's too cowardly, too lazy or too thick to engage in normal discussions!

[unlikely2] 09/3/2022 18:02

Thanks for the comment Fordtin - I shall apply my favourite Cava while considering your reply :-))

[fordtin] 09/3/2022 17:42

unlikely - I fully acknowledge you directed your question to “those with greater real knowledge and experience of testing". I have considerable experience of testing, however, very little of it has any relevance to the flow testing of an oil well!

Only my opinion, but if I was in Jay's shoes and LBBF is as good as I think it is, I would spend the rest of this season testing LBFF and save UBBF for another season. If LBBF behaves like a petulant child, I'd leave LBFF to stew for a while and focus whatever’s left of the season on it's smaller, but still potentially "world Class" sibling, the UBBF.
Given the almost incredible potential of each zone at Theta West, I hope they don’t go straight into intermingle mode, just to make time for the baby brother next door. (Even though the baby [SMD] might dwarf Alkaid!)

All of your favourite caveats apply.
Caveat Emptor, some of your least favourite caveats may also apply!