Pantheon Resources Share Discussion Threads

[scot126] 10/3/2022 19:46

Sales is sales, sirmark! Plus, it'll give PANR management a useful dress rehearsal for Alkaid-2. PANR's sweet light oil will be analysed and assessed by TAPS and it'll give PANR some guidance on whether its crude requires to be treated in some manner prior to entering TAPS (it may not require any treatment) and what premium PANR's crude may command due to the specific properties of the light oil?

I appreciate it's only one tanker, and admittedly it's perhaps a bit of a stretch, but I know for an absolute fact there exist SMID cap funds who cannot/will not invest in pre-revenue E&P stocks. This first sale may, repeat may, tick a box for one or two of those funds, who knows?

[sirmark] 10/3/2022 19:25

Not sure about that my take on it was that they are done with Talitha this season and clearing out the oil etc so the site can be cleared imo, of course I hope I'm wrong but I can't see the reasoning for emptying them now if we are going to come back and retest the SMD just my take as they have stated they will try to come back if they have time... for me a waste to have those site up doing nothing and just sitting there for three weeks without no surety that it will get tested or the site being needed.

[sporazene2] 10/3/2022 19:15

Making some room in the tanks?

[probabilityofsuccess] 10/3/2022 16:56

Forwood 👍

[dhb368] 10/3/2022 16:38

Scot, mistake noted and corrected.

[forwood] 10/3/2022 16:26

Am not patronising anyone PhsarKandalPP, least of all you.

Pos - ok!

[probabilityofsuccess] 10/3/2022 16:13

Hi Forwood, I wasn’t criticising, I was pointing out the balanced view. Johnswan has absolutely every right to point out his risks/concerns. But equally, those risks could be seen as opportunities also. Have you considered that if a newcomer came to the board and read Johnswans perspective, they may miss out on the OPPORTUNITY because the RISKS are highlighted. It’s about balance. There is a ‘risk’, if you are so minded, in not being invested in PANR now. As I am sure you will attest as you have been buying 😃. My post was about balance and perspective. The johnswan risks exist, the opportunities also exist - let’s be clear and open about that.

[johnswan193] 10/3/2022 16:09

PhsarKandalPP I've never even noticed your existence before today, but when I clicked on your name and posting history around half of your posts over the last month have been with reference to me. Very strange indeed.

As for your contribution to this BB, I have tried to find one of yours where you are not trying to have a poke at somebody else, and below is all I could find. Very thought provoking though.

PhsarKandalPP - 03 Mar 2022 - 13:33:45 - 23777 of 24105 PANR - Alaska North Slope (moderated) - PANR
The price action of this share drives me crazy. Anyone else?

[phsarkandalpp] 10/3/2022 15:46

Why patronise us, forwood? Of course, anyone with half a brain cell (and I assume most contributors on this Bb holding more than tuppence worth of PANR shares have at least a couple of those inside their skulls) is fully aware of the risks/downside of every share she/he holds - particularly those in E&P companies. What we don't need are fatuous statements from know-it-all-John-Swans; such as (the company) "can't afford to have any further problems". Who does he imagine he's addressing that remark to? Existing investors? Potential investors? Jay Cheatham? Bob Rosenthal? Oh yes! Jay and Bob are REALLY going to make certain there will be no 'further problems' following our resident two-headed donkey's helpful (utterly pointless) advice.

[chessman2] 10/3/2022 15:42

PhsarKandalPP10 Mar '22 - 13:21 - 24093 of 24101

I've noticed you also like criticising a lot. Better just to sit back and read or filter as it will make the board better for the rest of us.

If PANR was a slam dunk as some here suggest we would be heading north rather than south. Nonetheless I, like hd and others, believe the black gold will flow!!

[chris0805] 10/3/2022 15:26

Is there a previous post on this yoghurt73,If so I seem to have missed it??

[forwood] 10/3/2022 15:08

As beetleblue points out, many posters/investors here can't look beyond the personalities or even consider negative possibilities. Pos, you should know better and resist your desire to criticise. If you are fully ok with the risk, that's great for you but others must be allowed to have doubts and take a different view. Capital preservation is a golden rule and one 'should' consider the possibility of failure. So John Swan's 24088 is quite correct in my view.

Credibility and the share price would take a huge blow if TH doesn't deliver. You can red tick it all you like, but that's the truth. We went down 25% on the Talitha mishap and are still down 20%. It would be worse on a TH failure and for those of us holding a big wad, that would be very, very painful.

In the scheme of things, operational events do matter. Where the share price is at the time of news affects how far we'll jump - up or down!. Want it up 50%? Yes I do! but 50% from where we are now is c £1.70, whereas the same 50% on 140 would be £2.10, a big diffference.

But let's not be pessimistic. We're looking forward to good news! And I fully expect the share price to rise over the next few days in expectation of that outcome.

[rideacockhorse] 10/3/2022 15:07

Posted about 25 minutes ago on twit twits



Come to Daddy!

[yoghurt73] 10/3/2022 14:36

Edit. I've put CVI together with Heights. All good. Ignore.

[beetlesblue] 10/3/2022 14:07

[Re:13:59 - 24096]
Yep - it's definitely about perspective.
It's like those memes where the stormtrooper stops and thinks to himself "wait a minute, are we the bad guys?"

That's probably quite apt in the current political climate.

Anyway, my stance is, and has always been, that PANR's share price is waay too low compared with its prospective assets in the ground, and that one day, this share will make me very rich.

[bodroll] 10/3/2022 14:04

Top tup and sitting tight for the end game soon. GLA

[probabilityofsuccess] 10/3/2022 13:59

Hi beetlesblue - are we villains or good guys? Probably both, it’s all about perspective!

[beetlesblue] 10/3/2022 13:54

It's interesting to note that there are certain characters on here that seem to be characterised as "villains" or "good guys."
I don't actually keep track of which is which, but I do notice that the "villains" stick up for "villains" and vice-versa.

Bearing that in mind, and that I really don't know your classification, I just wanted to say, Probabilityofsuccess, that your post from 10 Mar '22 - 12:26 - 24092 really does sum things up for me - I believe that PANR are sitting on something that is very juicy indeed.

[probabilityofsuccess] 10/3/2022 13:45

Johnswan - to balance one of your very specific points, and to highlight that many things are about perspective:

“Delays can result in……R30;……230; missed opportunities elsewhere”

Were it not for ‘delays’ and other unforeseen (risk) factors impacting Great Bear, PANR would not be drilling in Alaska. In the words of Alanis Morissette, “Ironic, don’t ya think”.

Giving appropriate consideration to the other side of the risk coin (opportunity), may mean one achieves a more balanced perspective.

[phsarkandalpp] 10/3/2022 13:21

"I get it that they are operating in an extreme environment but they can't afford to have any further problems" says the Bb's know-it-all donkey with a second head instead of a tail known as the Grand Old Duke of Swan, the poster who invented the share price 78p "cap" about a fortnight after the highly-successful 65p fund raise. I'm sure the BoD will be delighted to benefit from your valued opinion that it can't "afford to have any further problems" and do its level best to make sure none occur. Jeez!

[probabilityofsuccess] 10/3/2022 12:26

Even with all those factors, and subject to the content of my previous message, the share price will be materially higher than it is now (and 140p). It is that simple. Just because you can’t squeeze every drop out, doesn’t mean it’s still not very juicy.

[johnswan193] 10/3/2022 12:22

Delays can result in:

- Missed opportunities elsewhere.
- Dilution as costs to prove it up increase and new capital placed against a lower share price
- Increased risk of being taken over at a lower share price
- Unfavourable changes in the oil pricing environment and outlook.
- Lower IRR for investors.

Not as simple as your suggestion that its just a matter of patience.