Pantheon Resources Takeover Rumours (PANR)

Pantheon Resources Chart

Pantheon Resources Takeover Price

Pantheon Resources Takeover Forum Posts

My guess is it will be a takeover by a major, which is why I hope the JV on Alkaid is done with Repsol and Oil Search. The reasoning being moving from a stable three party JV to a two party one is always a bit messy so doesn’t happen casually although it still might happen as with Armstrong being bought out. The worst option is if they did a JV with ConocoPhillips or someone like them who could buy Pantheon for petty cash even if it was £5 a share. Exxon and BP being the ultimate worst choices, although it would speed things up!
Best news we’ve had since the GB takeover.
"I think talk of takeover is risible, unless it’s you of course GG." I don't disagree, though I suspect that there might be one or two who might be hoping otherwise!!! 27-28p? 40p? I reckon there are a few who would take it and pat themselves on the back for their "skill"!
I think talk of takeover is risible, unless it’s you of course GG.Also noted board have rejected it.
O/t apologies but Amerisur (Amer) takeover possible 37p if anyone is in the share and didn’t hear the news....
Just to take a stroll into “Dream worldâ€￾ I believe the figure Jay suggested years ago as his exit target figure was £7, that’s pre Alaska and pre the recent dilution. But if you were to stick to that £7 and said the eventual shares in issue at a “Takeoverâ€￾ were say 750m, up 150m or so from the current maximum number. So at Pantheon’s recent Alaska value in the ground of say $10 means that 750m X £7 X $1.25 would equal $6.5bn market cap or 650m barrels of oil attributable to Pantheon. Now who doesn’t think there are 650m barrels of oil to be found in Alaska? Alkaid/Phecda at 40%, with secondary recovery, gets you 25% of the way assuming any JV partner comes in at 50%. Just “Dreamingâ€￾ of course but not a completely daft target!
Ffs,can’t somebody give us a takeover bid at 50,60,70p and end this misery.
I believe l said l had 1.4 million and yes l have sold recently but not because l don’t think this will go up but for personal reasons. Still hold over 900k which l won’t be selling unless we get a takeover bid. Unfortunately l sold in the 20s when l could of sold 24/25 as l thought they would bounce back up. As we know, it never happened or should l say,it did but only for a short while.
George, do you actually read people’s posts or just jump into contrarian mode for shits and giggles.David Black mentioned that Pantheon’s resources were not proven, yet you picked him up on this.Furthermore at no point does Scott suggest every takeover is done at 80%, he merely used that figure as an example.To be fair though George you are winning all the arguments that only exist in your head.I notice Scott applied a risk factor to some of his calculations, I look forward to the ‘nobody else considers risk apart from George’ argument that’s away to kick off in your head.
The Alaskan tax credits outstanding to GB before the takeover were not part of the assets of the merger. Stated at the AGM in the post presentation questions. So no upside from that, but plenty upsides elsewhere if a few more ZOI look alike can be found!
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