London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Excellent time to shift £20k of profit over to my ISA. Significantly more shares now protected than would have been the case by rushing last week.
Stas
Seeing as you see yourself as someone who is enlightening us, a kind of truth teller, tell us this, how big is your short????
No I have not ignored their commentary, I've heard it but just because they say it does not make it fact, they had 2 potential funders they now have one, their auditor has highlighted the material uncertainly risk, but no one here has. The mkt cap shows itself to be massively overvalued against other dividend paying companies, in easier to drill locations with proven reserves and production, but no one here has. The technical charts show a decline, but no discussion here, in fact everything here is uber positive, yet risks exist, I'm just creating balance.
Ohh er. Looks like PANR is being savagely dumped! Seems like 88e isnt the only dog in town that cant hold any sort of rise.
karma is a biach. The way posters from this board have been posting over on 88e, trashing the board over the last month and kicking the long term holders when they are already down and out for the count, many will feel justice is being done here. Of course, i feel for the inestors suckered in by the rampers here and buying at 40p+
Taking a leaf out of scots book regarding posting daily over and over and over and over....and over again about company woes, its clear that the market is extremely skeptical regarding funding going forward here. And who can blame them!
Dont believe the rampers here posting as if non-equity funding is certain! Because it most certainly is not. In fact, equity raises are far more likely given current market conditions, with a sprinkle "take or pay" arrangements thrown in as is custom. After all, the board have to keep a carrot on the end of that stick they are whacking you with.
So Scot, i have a question: Say PANR closes at 30p on the afternoon of Day 1. At 7am on Day 2 there's an RNS confirming all this talk of alternative finance arrangements was in fact BS, and instead a massively dilutive, heavily discounted placing to fund towards production occured. Do you reckon PANR will a) half or b) third in price by the end of Day 2? Could you imagine being long on the morning of Day 2? Could you imagine having exposure to PANR's investment case on the morning of Day 2? But that's what you're advocating, Scot.
Yikes indeed!
Stas...
You have ignored all the commentary from Pantheon themselves and created your own narrative.
You clearly know that Pantheon cannot monitor and respond to all the narratives created by people like you on these sites. They simply get on with the work of pushing Pantheon forward.
So people like you use these quiet times where there are no announcements to make predictions and statements for the benefit of your own agenda and sow doubt and fear.
Then when the predictions are wrong, those people simply switch to a knew alias.
I'm not sowing seeds of doubt, I am opening the eyes here, creating balance to the risks which few wish to talk about, indeed some shareholders here spend 10 times the effort putting down other companies and explaining the risks to other companies shareholders than they do on their own stock.
Perhaps these shareholders should be more open to the risks here, such as was asked of one of your most prolific posters recently, why he was not warning the shareholders here with such fervour when they were pumping the stock in august 2022 at above 120p, how did that turn out for those now bag holding at 31.7p and dropping.
P.s
I have zero idea where the share price is headed.
I have no idea if and when there will be a fundraiser.
I listen to what the company says and make my own personal decision.
What i dont do,is make up predictions and sow seeds of doubt using the quiet periods of no announcements to create fear.
Correct Dr. too many people concentrating on fantasy billions of barrels that without huge investment will stay exactly where it has for the last millions of years. Funding is difficult in the Oil and gas sector now, Pantheon has already lost one potential partner and the auditor had to make comment as regards a material uncertainty for Pantheon to continue as a going concern without funding.
All over the world the funders can take their pick in less risky oil where drilling can be performed all year round without potential supply chain issues, where oil is coming out of the ground now and dividends being paid to shareholders. I know of companies that provide 9% dividends, debt free, 20,000 boepd and less than half the MKT cap of here, PANR is massively overvalued, they have only loss making hope for funding. Mangrove knows this and the SP will soon reflect that reality that no one here likes to talk about, just dreams..
If as I suspect Patheon are struggling for funding the only recourse open to them will be equity and it will be a lot, hugely dilutive and even then if they get it nothing will come back to the shareholders for years. None of these potential issues are ever raised here it always look at the oil, well I say look at the risk, its off the scale.
Claiming others to have a new alias with 6 posts, so ironic. Hold tight and hope that the fundraising discount isn't to sizeable. It all there to read in the releases via the company, cash is needed...DYOR
How often do these guys say there will be a fund raiser, then be wrong, then use a new alias and predict the same thing again.
Drmicho
Yet another fundraiser claim..i have lost count how many times your group have predicted this and been wrong.
As stated previously! I expect this to fall under 30p today in the light of a substantial fundraising package that will be heavily discounted. We are now mid 31.5 and falling, dont listen to the rampers and rainbow chasers this is falling quickly....
Stas20.
Is your Pantheon short position very large? You must be breathing a sigh of relief that you have swung the narrative to talking dilution where as the company seems focused on the Aphun updates and gas/vendor discussions and taking the company onwards and upwards .You must be congratulated on creating distraction..People like you feed off the quiet times when a company has no announcements to make, as if silence means bad news ,rather than silence means they are working hard at their jobs to get the work done in order to progress the company...When you talk about moving averages and where you think that points the share price towards, did you predict the share price when it rose above 40 p recently?
As for funding. People may prefer to listen to the two most recent pantheon webinars, i certainly do. They have made their plans very clear.
People like stas have incorrectly predicted dilutions since last year, yet they never hold their hands up when they are so often wrong.
There is nothing more tedious than one person having two accounts and faking a conversation to make it look less like guano. On mobile, the filter option is right above the chat now, so Stas and Michu you are added to the quite extravagant filter list. Good day!
08.52
To clarify, my post was aimed at both sides of this sordid debate (apologies for defaming the word).
You see, it's not all about you.................
For what it's worth , I agree with a balanced argument, just not the extraordinarily tedious repetition several times a day.
"Please button it for the sake of the very significant and mainly silent majority"
I assume you asked Older and Scot to do the same, whilst they spent every waking hour, day and night spreading FUD on the 88e board and ramping Panr. hmm yeah thought not.
Anyway, ignoring that, as this is obviously not the reason I am here. I am here only to bring balance, to highlight the facts nothing more as we don't want anyone ramping the company without showing the technical and fundamental risks, that would be disingenuous.
You may be in danger of breaking a nail?
You may be pleased with yourselves in the point scoring stakes, but you are doing no favours to either business, nor, most importantly their shareholders. It's all about self-importance.
Please button it for the sake of the very significant and mainly silent majority.
Looks like the 200 day EMA and the 50 day SMA are sitting at almost the same level at 28.7p both together and panr now just under the fib support of 32.5. This could become a moth to a torch. will this be day 7 of decline.
I also note that were this 88e, Older and Scot would have been all over this warning people.
What warnings did they issue here after the interim results showed that Pantheon's statement, also backed by the auditor's note, suggested that while the company is working towards securing the necessary funds, it has not yet secured all the financial resources required for the next 12 months. This places the company in a precarious position where it needs to successfully secure funding to maintain its operations and fulfill its strategic plans that the financial statements were prepared on a going concern basis, which indicates that the directors believe they can raise the necessary capital, but there remains an acknowledged risk that they may not be able to do so.
Just for clarity, When a company's financial statements are prepared on a going concern basis, it assumes the company will continue its operations into the foreseeable future. However, if there are 'material uncertainties' mentioned by the auditors—like in Pantheon's case—it indicates that there are significant doubts about the company's ability to continue as a going concern unless it resolves those uncertainties.
In Pantheon's situation, the uncertainty revolves around securing sufficient funding. The auditors' note about a "material uncertainty related to going concern" essentially serves as a warning that if Pantheon does not successfully secure the needed funding by the targeted dates, there is a real risk that the company may not be able to meet its financial obligations and continue operating beyond the next 12 months. This does not mean that failure is certain, but it indicates a significant risk that stakeholders should consider. The company's future viability is contingent upon the successful implementation of its funding and operational strategies as outlined in its financial and strategic planning documents.
I assume that Older warned everyone here about this.....
As expected, dropping as we speak..... under 30s look probable here today...
Oops
Lol Older "No apologies from me for bringing fact to fantasy land"
- 270 posts in 30 days on a share you are uninvested in to help those poor 88e shareholder, a share you have no financial interest in and over 10 times the posts that you do here that you are invested in, hundreds of man hours for you to try and save your fellow man, what a saviour you are.
Or is it that you are short 88e. btw
you didn't answer someone's call yesterday,
"Did you warn people on the Panr board about buying in at 130p ? But the knights in shining armour are here to save people from 88e "
Expecting this to drop today as we all know Friday's are the days for not so good news. I would tend to agree that any prospective raise will be unfavourable to those holding. Nevertheless, as you clearly highlight you are willing to see this through no matter what the financial consequences behold.
Oh, and you forgot to mention the statement below which has to be taken into consideration. There again this statement which was released wont fit in with your ramptastic agenda.
"There can be no guarantees that either vendor financing or offtaker financing arrangements can be concluded on terms acceptable to each party".
Great post older
And making clear funding to achieve cash generative will be on a draw down facility only and weighted towards end closer to cash coming into coffers
David Hobbs quoting over months talks with 5 plus suitors now down to one favoured source with agreeable terms I believe we’re nearly there if not already with a deal just to receive last 2 reports to cross t s and dot the I s