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Never thought I would see the day Brombard that you would lower yourself to conduct this type of snide campaign.
17:30
Discussions with Japan mean nothing if there is no liquification facility.
Its important that everyone here realises that there is a very substantial hurdle for ADGC to get over before even the stand alone pipeline can be built, should the stand alone gas line be built the plan is specific that initial sales would only be to Alaska South Central customers only and not to the vast overseas market until if and when the liquification plant is in operation.
Will that stand alone gas pipeline be any more attractive to potential private investors than the whole project I do not know.
If it works out fantastic but nothing is cast iron guaranteed and remember the current political situation could change by 2029.
https://www.adn.com/business-economy/energy/2024/02/27/alaska-natural-gas-promoter-floats-new-plan-send-north-slope-gas-to-southcentral-first/
And the public discussions with Japan.
They need LNG....AND somewhere to store captured carbon.
BA - Not just domestic - As I understand it there are many industrial clients that could reignite once cheap supply is established - like fertilizer production...
Started: AmorAmor77, 20 May 2024 12:11
Last post: AmorAmor77, 20 May 2024 12:11
Are we thinking another RNS this week..... or next?
Nice rise starting
Last post: David85, 19 May 2024 21:20
People were saying how experienced Jay Cheatman was back then... he was absolutely useless.
Lets see if Alaska actually ends up producing, or if we get dramas like before.
Poor old David85, living in the past and bitter about his historical losses.
Has anyone tipped him off that Hobbs is now firmly at the controls, and that Pantheon is a totally different proposition?
David has nothing of value to add to the current debate and can therefore be filed under ‘random noise’ - filtered.
And Jay Cheatham is a highly experienced oil industry executive, who with our recently-appointed executive chairman David Hobbs is going to be able to better deal with the types of problem that occurred in Texas.
Pantheon is basically a different company from the one it was back then.
Thank you for the Ancient History. Lessons have been learned, let’s now move on.
David85 - you said "the shenanigans went on for years until I sold at a loss and moved on. "
I am sorry for your loss which sounds like it was large because from your posts it does not seem that you have been able to move on.
Last post: sam245, 17 May 2024 23:26
So glad "sirmark" is the head post....this poster deffo is on the ball I will say no more than that. .in those cold climates gas is king.... panr has trillions of feet of gas to negotiate deals ..read between then lines ..sirmark I believe does as many others do......gunna happen, Im one that believes so..xx
Hats off to you my friend balls of steel
In deep too but not like you
Defo know your gonna do well and as they say not what you get in at but what you get out at
In. Between is just chatter
I’m looking at mid $5 -$10 dollar per barrel . As per David’s grand plan So mid $7.50 per barrel
is £6 a barrel English
With 2 billion barrels. Is. £12 bill value
Now nearly a billion shares out there so allow double for dilution is 2 billion shares
So £6 a share
Not rocket science just how is ot
I’m happy with that
By 2027 as by then we’re producing and value is in place
Started: Chinaplate, 13 May 2024 09:25
Last post: Midnight7, 17 May 2024 17:30
Hi SirMark,
So you’ve got over £1million pounds in Panr??so some serious backing mate. And if so what’s your highest and lowest price you’ve paid? Sorry for being nosey :-)
Notice how the shorts pounce on anything above 29p
Decent orders on the bid
15:43 17,138 29.55
15:43 75,000 29.5
15:40 420,000 29.3
Even though the sellers are about the sp for now is holding nicely, all positive imo.
I think you'll find the terms of the agreement clearly state they are NOT able to forward sell the repayment the month preceding the award. On top of that they don't even know if they are going to be getting paid in stock yet so they can't forward sell what they may not get.
(I think they'll get stock, but maybe Spens might pick up the gauntlet again, who knows !!! )
Started: GrumpyScouser, 17 May 2024 08:41
Last post: Brombarb, 17 May 2024 17:19
08:41
With gas producers in Cook Inlet warning that production is dwindling, energy — both from fossil fuels and renewable energy — was a key policy priority for members in both bodies this session. And in the end, the Legislature passed several proposals aimed at lowering costs, expanding gas supplies and boosting renewable energy.
House Bill 50: Carbon Storage
House Bill 50 would authorize the storage of carbon dioxide deep underground in what’s known as “pore space,” including things like depleted oil and gas reservoirs, salty aquifers and unmineable coal seams.
Backers, including Gov. Mike Dunleavy, have pitched it as a source of state revenue. The state would charge a minimum royalty of $2.50 for each ton of carbon dioxide injected underground, plus $20 per acre of land leased from the Department of Natural Resources. The Alaska Oil and Gas Conservation Commission would be tasked with coming up with regulations.
“Carbon capture, utilization and storage is an expanding industry that companies are beginning to commit billions of dollars to invest in,” Sen. Bert Stedman, R-Sitka, said. “HB 50 will allow Alaska to take part in that.”
Part of the reason for the investment Stedman mentioned is the Inflation Reduction Act’s inclusion of significant tax credits for geologic carbon storage.
That carbon could come from abroad and be stored in depleted gas fields in Cook Inlet — the Biden administration is studying whether Japanese carbon emissions could be liquefied and shipped to Alaska. But that’s likely a ways off.
It could also come from within Alaska. Maybe from a regional power plant on the Railbelt, or perhaps from operations on the North Slope, which comprise 62% of the state’s total carbon emissions, according to Nicholas Fulford, a consultant with GaffneyCline who evaluated the proposal for the Legislature.
That could mean using carbon dioxide injection to squeeze more oil out of existing wells, a practice known as “enhanced oil recovery” incentivized by the Inflation Reduction Act. Decarbonizing North Slope production could also make Alaska oil more competitive on the global market, the state Department of Natural Resources said.
But as the bill worked its way through the Legislature, lawmakers added several other proposals to it. One would create a reserve-based lending program for Cook Inlet oil and gas within the Alaska Industrial Development and Export Authority. That’d allow AIDEA to loan money to gas producers struggling to find investors.
Another provision would allow the Regulatory Commission of Alaska to regulate the price of natural gas storage in an effort to expand storage capacity and keep costs down.
https://alaskapublic.org/2024/05/16/state-lawmakers-wrapped-up-their-four-month-session-last-night-heres-what-they-did/
The detail on Flight's Discord keeps me engaged and confident.
While we await the update on oil funding discussions, which the BoD clearly expect by the end of Q2, its worth doing a bit of reading about HB50, discussions with Japan, Alaskan carbon sequestration and how this could add further, as yet COMPLETELY excluded, value to the recent LKA valuation.
There is FAR too much State & intergovernmental discussion taking place for there to be no fire behind the smoke.
It's all there, publicly available if you can be bothered to read it. The discussion on Flight's Discord is eye opening.
Last post: Stas20, 17 May 2024 16:48
Looks like the breach of the 100 day ma was a classic bull trap, spiked to fein a reversal, then returned to close down again.
Started: ripley94, 7 Feb 2022 10:59
Last post: marmaris, 16 May 2024 11:47
Stazi!! Do you know how much the directors are paid? I do not. I know how much guys with the knowledge get paid without becoming a director. I was one!! I was paid more than they are at one time in my life.
The only reason Stas posts on this PANR board as per his post 18.4.24 11.25 -
" I shall cease my input on this board, .....unless of course Scot and olderwiser that have absolutely no financial interest in 88e continue their attack there. "
Oh and I might add, that perhaps if the directors, who by the way are extremely well paid, whether exec or non exec, wished to show their alignment with shareholders, perhaps they would not take huge option packages.
How nice it would be for a retail investor to have options, ie no risk packages whilst being paid large salaries also, whilst also not delivering the share price gains required by those retail investors in which to make a return.
No, if the directors wished to show alignment, why not make their bonuses or any shareholder offerering based on share price performance only and also non dilutionary, now that would be aligning.
Ok here is a fact for you scouser.
In Q3 2021 I was clear that I'd sold all my PANR at 85p and at 100%+ gain, and recommended everyone be very careful to lock in profits. Scot openly ridiculed me.
What's today's share price?
Check your facts, his post history is in the open and it's mainly thousands of pages pseudoscientific nonsense
Anyway, that's all I'll be saying on this topic for a while apart from one parting shot. - It's just not worth the energy
Scot claims to have worked as a / for a market maker, yet he is here all the time posting nothing but positive statements about PANR or encouraging people to ditch other prospects to buy here. If you were in his shoes, having worked in the markets for years (and and by assumption having made a fortune), would you be spending hours posting on a forum, or would you be on a yacht sipping G&T's?
Anyway, I'm off. My G&T has just arrived.
Omg, Scot the fantasist, let me be absolutely ultra clear you'll get no apology from me. Your arrogance is astonishing to think that your long winded explanation of process gives you any level of authority, or justifies the past attitude of the board. Perhaps before butting in your pumped chest you should first understand the context of the discussion and the ethical position displayed by the past directors, particularly as the argument surrounded their interests being aligned with shareholders. However I shall not require 3 posts to lay out the facts.
1. The directors sold a whole load of shares pocketing a huge financial benefit to themselves by the sale of shares at a high price provided by a load of options shares at a low price. If as the argument goes the directors wished to show alignment to shareholders then they simply would not have done that.
No one cares about the process, no one cares about physically how the funds will have been delivered to them, nor their tax handling position, and I expect few think your ridiculous arrogant post justifies the argument. Likely it will be ticked up just because you support the ramping position you take, but I read your post as nothing more than a politician explaining to the electorate that it was ok to be awarded all these dodgy contracts because they were within the law, irrespective of how unethical it might have seemed as they pocketed huge swaths of cash.
Started: Scot126, 16 May 2024 01:19
Last post: GrumpyScouser, 16 May 2024 07:28
Ah yes: evade responding to the detailed, factual explanation of why previous posts were DELIBERATE attempts to mislead.
Thanks for the corrections & explanations Scot126: naive posters can too easily be misled by headline claims. Don't hold your breath for either acknowledgement or apology from them.
Scot being his succinct self.
Fact is, PANR is as dogg'ed as 88e. The stock continually tanks despite you posting crap about how the sun shines out of this dogs ar5e.
You will only be judged on your PANR investment when you sell you say? Haha I guess we will all be dead to judge you then. Never mind in the 7 years you have been singing this dogs praise, many many baggers and opportunities have passed you by and will continue to pass you by in the next 7 years. Whatever the outcome, you were already judged as a fool long long ago by those that sold when this was above £1 (like your beloved directors did), and anyone with a scrap of logic and objective detachment w.r.t this dog
You are an emotionally attached fool scot. Blinded by your own weird arrogance and ego (even though you have been continuously wrong in your predictions and subsequent SP action) and inability to admit you got this so wrong. Every stock on this bb has one. Anyone taking your advice will continue to lose more money just as you have. You already lost 5k on your last top up.
And stop telling other members to block those who have predicted correctly the SP action when you have been less right than a stopped clock over the last 7 years! If anyone should be reported, it should be you! A danger to yourself and others.
[Part 3, continued from Part 2 below]
Now I move on to the most egregious content posted, and repeated, by these two individuals. They both accuse PANR directors of some sort of sleight of hand whereby the shares sold in the market were immediately “replaced” by the issue of new options. This is complete and utter garbage, drivel, gibberish, g0bbledyg00k, twaddle, claptrap, balderdash = made up nonsense.
That these two individuals failed to understand the process is bad enough. That they made it far worse by electing to publish on a public forum their wilful ignorance in the hope that it would support their agenda, such as it is, is contemptible.
Here's the thing, Stas20 and Brom……the exercise of options and ***immediate*** sale of the shares are ***contemporaneous*** actions. There was *no* immediate replacement of the sold shares the same day at a 70% discount, as you would have had other forum members believe. If either of you don’t understand the definition of “contemporaneous” then look it up.
Your ignorance of this process is, I suppose, understandable. The fact you both elected to post your accusations without firstly asking questions of your fellow forum members about the rules of the stockmarket or UK corporate law is clear evidence you vastly overestimate your knowledge of the workings of the equity markets. You have chosen to repeat these false accusations which is bewildering and suspicious. That you have not formally apologised and retracted your scurrilous accusations is deeply dishonourable and reflects very poorly on your values.
Stas20 and Brombarb – I invite you both to apologise for posting on a public forum false allegations concerning the activities of three PANR directors in September ’22. I further request you each post a withdrawal of the baseless allegations you made in multiple submissions to this forum.
I beseech you both to do better by your fellow man. /end
[Part 2, continued from part 1 below]
Ok, so now let’s look at the process which took place in Sept ’22. The three executive directors exercised some of their employee options and sold the shares in the secondary market. For ease, let’s say the exercise price for all the options was 30p and the shares were sold at 125p….nice round numbers which are 2p or 3p away from the actual prices, ok?
Here's what happens. The directors will ask their Chairman/NEDs for permission to undertake the intended transactions. Provided the Chairman agrees the directors aren’t in a closed period (eg. near the publication of statutory financial reports) and that they don’t possess any inside information which, if published, would be likely to alter the market in the company’s securities then permission is granted. The FD, in this case JH, will contact the company’s broker (Canaccord) to handle the sale of the shares (4.2m shares in this case). On settlement day, Canaccord will either send the cash to two separate PANR company accounts or JH will split the monies when sent by Canaccord to PANR.
Let’s say for ease that JH elected to exercise 1000 options, sold 1000 shares @ 125p and the proceeds were £1250 (forget commissions, etc), ok? The exercise price of the employee options was 30p so £300 (out of the £1250 gross sale proceeds) will be sent to the company’s (treasury) account. The remaining £950 will be sent to the company’s payroll account where JH, as a UK resident, will see the £950 sum treated as income for tax purposes and taxed at, say, 50%. Net, net, net, JH will receive £475 (out of the £1250 gross sale proceeds) in his bank account after this process.
The three directors who exercised options and sold stock (it’s a contemporaneous process, legally and process-wise) collectively reduced their total exposure to PANR by between 9% and 13%. I don’t know about other members of this forum but maintaining an exposure of 87% - 91% of my total exposure to a stock is *not* evidence of directors ceasing to be aligned with the wider shareholder base. I would also not characterise such percentage reductions in exposure as “huge” or “substantial” as our two prolific posters would have us believe.
It’s worth recognising that the net cash percentage which each director eventually saw in their personal bank accounts following this specific event was circa 40% of the headline gross sale proceeds. So that’s the first part of this correction sorted, agreed?
[End of Part 2, see above for Part 3]
Dear All - I would never in a month of Sundays dream of advising a dentist how to carry out a root canal treatment. I also wouldn’t dream of advising a toolpusher how to do his job on a rig in the North Sea. The reason for not offering such advice is simple. I am not a dentist. I never trained as a dentist. I'm not a toolpusher on a rig, and never trained in that occupation either.
And yet online public forums permit individuals ignorant of stockmarket rules and corporate finance laws to post not only nonsensical drivel but also content which is in direct opposition to the actual truth. I’m going to highlight below a perfect example of such wilful ignorance; the comical self-confidence of the posters involved; and their willingness to go to extreme lengths to advance their nefarious agendas.
Stas20 and Brombarb are two such posters who have recently become more prolific on this forum.
I wish to address head on some of their outrageous content posted recently. I cannot be blunter when I describe the content in question as being completely and utterly false. False in fact. False in process. False in law.
If, following this factual correction, either of these two forum members elect to repeat their falsehoods on this forum, I will urge every other member to report them for publishing false and misleading information in order to promote a false market in the securities of PANR.
Stas20 and Brom (4th and 13th May) inaccurately described corporate actions around PANR director sales in September ’22. I’m going to describe how this process works in practicality in order to set the record straight and to rebut directly their falsehoods and insinuations. I will then invite these two posters to apologise for misleading the forum on matters of fact, and challenge them to post that they no longer stand behind the content of their posts on the subject. Let’s see if they’ll do the honourable thing, shall we?
Over the course of my career within investment banking, I must have executed hundreds, maybe thousands(?), of director purchases of shares and sales of shares in their company, so called “insider” transactions. In the UK, a company employee designated a PDMR (A Person Discharging Managerial Responsibilities) refers to an individual having authority over the issuer. Folk may have noticed declarations via RNS following share transactions involving such employees? They’re usually directors or very senior management, fyi.
[Part 1, see above for Part 2]
Started: Robsaunders99, 13 May 2024 08:47
Last post: Mowmoo1111, 15 May 2024 19:18
Went on your golfing holiday, just before the 88e crash
Never came back and no wonder
Sneak back in as KJPutin
Must be smarting after that big loss
RA5CI5T
wow putin
one look at your past ****** posts and i soon realised who you are . quick change of username as that one was banned i believe .
Deary me. Looks like that guy panditputin prophecised this SP tanking weeks back and warned of the perils of taking advice from the hideous rampers here. Very sinister s1agging off 88e, yet seems stable now compared to the daily plummets here.
Strange how they disappeared from this board. They have some explaining to do to those that took their advice.
This share keeps nosediving. It will be 20p before long. Maybe even 10p like that smart guy believed before.
This is tanking due to the funding concerns and massive placing inbound. Don't let the rampers make you believe otherwise! They have already been proved wrong!
Your guess is a drop to 25.79p. My guess is a rise to 35.23p. Guessing is all we can do, short term.
Started: tedsandbach, 15 May 2024 08:49
Last post: Stas20, 15 May 2024 13:27
"it's been 2 weeks since the Chairman said: 'We are expecting the Cawley Gillespie report on the Ahpun Topsets in the coming weeks', so positive news could land any time now"
That's assuming it's positive news, the last report doesn't seem to have been received that positively based on the lack of discussion, it certainly hasn't supported the share price, still dropping and some might say accelerating towards a double bottom that now seems to be acting like a moth to a flame.
Absolutely agree: not banking profit is a crime, punishable by poverty & bitterness.😂
I can only assume that comment was for myself, (maybe be wrong, but ill respond regardless) I do post my sells as well and is very well documented on the ADVFN thread... and still HOLD a very substantial holding and haven't sold any.
Each to their own, many have personally reasons for selling but its very counter productive when selling at depressed level
Exactly Forwood. The friendly fire is pretty obvious especially from those who are 'prestigious' LTH & always seem to post their buys but never any sells...
My own take on this fall is that it was intitiated by the local short tribe but has now been joied by LTHs, either to conserve portfolio value or to game the share by selling and buying back more cheaply.
Make no mistake, gaming is shorting. I appreciate that everyone has their own interests at heart and there are myriad reasons why someone might want / need to sell, but for those with a large portfolio, this is a clear case where collective and personal interest combine.
Any selling is going to contribute to a falling SP. But there is no guarantee that one can recoup a sell or buy back more. it's been 2 weeks since the Chairman said: 'We are expecting the Cawley Gillespie report on the Ahpun Topsets in the coming weeks', so positive news could land any time now. Technical traders will buy when shares are oversold, as they are now. A new entrant might decide to invest and accumulate. Individual shorts may decide to close.
From my own experience trying to game the share, the times it has worked v not worked leads me to conclude it is not worth it. Perhaps others are luckier, better traders than me. Perhaps not!
Many months ago, there was an attempt to promote Pantheon more widely, even to get it adopted as a meme stock. That had some limited success. Yesterday in the US, GameStop Corp put on 80%. We could do with a bit of that here! More realistically, we need some consistent buying to stop the rot. That will force shorts to close and gamers to buy back.
White knights feel free to help but more pertinent, those who have already benefitted by selling (whether a formal or informal short) could close and buy back.
Started: Glynnpeters, 14 May 2024 13:32
Last post: AmorAmor77, 14 May 2024 14:45
Glynn .. I’ve been feeling the same about next week! I still predict late 40s in August ., 50s by winter
Big news is inevitable in coming months
I'm looking for this to bounce big in the next week or so. Just a feeling looking at the chart that it's good value at the moment , especially after the small drop. GLA.
Started: MunnieTorx, 13 May 2024 12:11
Last post: jazbo, 13 May 2024 15:00
Munnie,
Stas also posted on 18.4.24 that he was going to post on PANR about all possible negatives until Olderwiser and Scot stopped posting on 88E pointing out the negatives compared with some of the blatant 88E ramping posts.
You backed the wrong horse, Stas. That much is clear. And nearly 7000 post wont make up for the fact 88e have taken your money and put it directly into the directors pockets, as usual. Rinse repeat. Everyone warned you, but you didnt heed the good advice. Your cross to bear at the end of the day.
But do continue to make your predictions. Just dont expect anyone to pay any attention to them, is all👌.
I have your shares on short here Munnie
Regards x
"Please post some more predictions for PANR holders to ignore"
lol someone was triggered I see and didn't ignore it, makes me laugh, except you have no idea of my trading in 88e and your own recollection of events is rather selective at best...
..........shows you're worried though, as you should be.. :)
This is the same Stas20 who is at least 50% underwater in 88e after pumping it relentlessly along with Mystic Meg and co. And now trying to give wise advice on PANR.
Here are some of Stas20's 88E whitterings. Judge for yourselves whether he is qualified to make even the most simple of stock calls:
---
Stas20
Posted in: 88E
Posts: 6,772
Price: 0.33
No Opinion
11 Apr 2024 11:47
Price about to pop
Just upped the bid.
---
Stas20
Posted in: 88E
Posts: 6,772
Price: 0.345
No Opinion
Lets get back to the possible 0.822 on a on positive SMD-B.5
Apr 2024 08:00
Where might the SP go - on a on positive SMD-B, I'm going for an initial target of 0.822 - this will complete the right brim of a long term cup and handle formation (feb 2023), maybe a little retrace to then push on to 1.755p as being the last most recent Mkt Cap high.
---
So then Stas, 88e bid price today 0.155p. >50% down from when you were pumping it. Less than 1/10th of your 'target price' of 1.754p. Let me guess, you 'sold out' in time and didnt get shredded on the 4 barrels of oil rns.
Please post some more predictions for PANR holders to ignore.
Thanks 👌
Started: Peakybrum, 13 May 2024 08:55
Last post: Peakybrum, 13 May 2024 08:55
Hi rob
Is that your opinion or fact
It’s been very quiet on here last few weeks
Seems even good news doesn’t hold water
Just need jv rns and funding confirmed
David mentioned being aware not to dilute completely but I do think we will have to do part also for the $150 mill
July is his timeframe to notify market
Lots going on behind scenes I imagine
I am the same SirMark on here ADVFN and Discord
Genuinely wish i could afford to add around these prices. I have a way to go before getting back to my average of 88 cents. Still i have more faith than ever that the company is diligently working in the right direction. Could i ask if the sirmark posting on here is actually the sirmark who has the large investment we know about. GLTA, 2028 will be here before you know it.
Started: Stas20, 11 May 2024 14:12
Last post: Stas20, 11 May 2024 14:12
On the 19th April I posted that a Bearish engulfing candle had just been posted, now under fib support, next short term support 29.8p but a more realistic and stronger support being the fib projection at 27.7p (which is also the 61.8% more major fib).
Price will also be drawn down by the major indicators, these being the 100 day SMA at 26.3p and the 200 day SMA at 23.65p.
On balance volume (OBV) continues its decline and of particular relevance is the MACD which has firmly now broken down and changed trend through the signal line - The drop will imo continue.
The drop has indeed continued and even taking the shorter term fib support based on the close of the candle (09/04) rather than the top, it has now bounced and retraced multiple times of the main fib.
The thinking this could be the bottom is now shaky indeed, no doubt the support is strong and I have thought a bounce may be on a number of times, however it has, but it has only intraday been breached, over 3 times now and each time the highs are lower and the lows are lower. A bearish sign. Unfortunately, OBV hasn’t changed direction nor has MACD. If I was to ONLY trade based on technical, I would say PANR is going down further.
However, the fact that, as I discussed earlier, the scarcity of posts on the last RNS (Independent Expert Report by LKA on Alkaid Horizon), I assumed most were not that impressed, a potential bullish moment may be the next report on the Ahpun Field by Cawley Gillespie & Associates, but if this has a similar response (or it is trumped by a placing first), then the only news left is that of funding, which I think many are thinking that is going to be a placing or at least a large placing element, additionally news surrounding AGDC has not been the best.
I think some mentioned they are sounding desperate https://www.adn.com/business-economy/energy/2024/05/01/alaska-gas-line-leaders-ask-lawmakers-to-support-giving-44b-project-until-years-end-to-succeed-or-die/
Thus, on balance between the current news that has been rather subdued and the potential news that may not be the best, combined with the technical, then I would not be a buyer of PANR at this moment.
If I wished to, I would look for more guaranteed signs, i.e. a move above 33.1p or a left field positive news event.
Failing this then the lower increasing trend line in play from August last year would provide an entry at around 25p – 26p.
My view Hold or trim to buy lower.
Started: sirmark, 9 May 2024 15:58
Last post: Stas20, 10 May 2024 11:42
Sirmark
There is some stealthy accumulating going on in the background, look at these also after hours, another 400K
3rd May
Time Bid Offer Trade Volume Buy / Sell Value Trade Type
17:36:15 32.45p 32.80p 32.9400p 200,000 Buy £65,879.99 Off-book trade
17:36:15 32.45p 32.80p 32.9400p 200,000 Buy £65,879.99 Off-book trade
400k buy or yesterday got filled 31.85 late reported this morning.
Sirmark,
Unless someone is having to buy back their shorts?
After a week of declines, the SP finally moved back up yesterday and starting looking today as if it was all over but behind the scenes today buy orders coming in decent sizes .. currently for example 15:28 400,000 30.75 some not wanting to get locked out.... and any news on the gas deal will send this into orbit !!!! and you can put a £1 /£2 in front of the share price.¬¬¬ plus funding and additional upgrades to come plus the Brookian looking conventional will be great as our recovery rates could improve to 40%+ on the same zone ... anyway all if and buts, but looks like were now ready to move back on & up again !
Started: Stas20, 7 May 2024 16:55
Last post: darientaylor, 9 May 2024 13:23
None of which is out of the ground and may never happpen
17:01
According to their 2023 business presentation YE2023 2P reserves 117mmbbls, they are in production and have a share buy back plan and dividend in place, so further ahead in the cycle and with ACTUAL production.
So not really comparing eggs with eggs.
But their share price is probably already reflective of what they have today so you have to decide which company meets what you are looking for with your investment.
If you are already invested here you have probably already decided that the potential here is worth the risks.
https://petrotalcorp.com/investors/
Interesting that PTAL have 2024 Company presentation tomorrow so DT may well just be getting the name across.
April 10th RNS confirms CGA report will be in Western Ahpun. Eastern is part of same field but are different reservoirs that carry appraisal risk. However Pantheon's seismic has been proven to be successful in spotting oil accumulations so far. Permeability expected to ~100fold increase from Western Topsets (~10,000 fold better than Alkaid).
https://www.lse.co.uk/rns/PANR/webinar-and-update-rhf8gw2epra0cdn.html
DarienTaylor could it be that the size of the field in Peru is 38M. Where as PANR have a field of over 1Bn. Slight difference!
Good news for the SP today, price retreated to the 50 day simple moving average which acted as the reversal bouncing as I hoped off both the SMA and the 21 day low price channel. A move back above the fib removed the 3 dark crow bearing candlestick, to end in a short tailed hammer. Could be quite bullish for the price and indicate that the downward pressure has run out of steam, a bullish engulfing, ideally closing above 33.1p (50% fib) would confirm a trend reversal, might be an interesting trade tomorrow.
Good post stas and it would be nice to get an increase with the report but I think it’s all about the funding of the $150 m and we’re farming out or doing a deal to be honest
All the reports in the world don’t seem to move us But in the wrong direction but it will be the money in the bank to implement the boards plan to cash self sufficiency
Then there’s no stopping David’s grand plan
Interesting to note that the share rose 3.62% in America after the English close. Good to see it showing the way.
Started: Olderwiser, 3 May 2024 08:06
Last post: Brombarb, 5 May 2024 19:16
Thanks for information.
Always learning.
The directors dealings tab is incorrect:
https://www.lse.co.uk/rns/PANR/result-of-capital-raise-gzxxhaa1v3hm1ty.html
22:49
"Now get back to the present, the BOD have joined into the recent capital raises, in particular the newly arrived D Hobbs "
If the Director Deals tab is correct D Hobbs is the only director to have purchased shares since Sep,22.
Thats their (other directors) choice and I am not criticising, just clarifying your statement.
Stas20
OW is not kidding anyone, the directors cashed in some options that would otherwise have expired, in so doing contributing ~30p per share to the company coffers
It was a bad optic, the shorts made sure it was magnified to full effect, the damage done at the time was significant.
Now get back to the present, the BOD have joined into the recent capital raises, in particular the newly arrived D Hobbs, who arrived with a decent holding of his own and then has taken several opportunities to add with cash purchases in capital raisings and on market
So yes very much aligned with investors, this gentleman D Hobbs in particular, oil expert premier, quits pleasure yachting around the globe, becomes an independent director, quickly steps up to become executive chairman, and then doubles up on his shareholding with his own CASH. (Not the all too familiar granted shares and options, so common to oil explorers)
Start
"As at the date of appointment, David Hobbs has a total beneficial interest in 1,576,002 ordinary shares of Pantheon, equating to approximately 0.2% of the issued share capital."
Current
"Accordingly, David Hobbs has purchased 980,455 shares from IPGL at the Placement Price. Following the purchase, his ultimate beneficial ownership increases to 3,697,684 shares, representing 0.4% of the Company's total voting rights."
As I recall those options were granted when the share price was ~half the exercise price. I know a number of long term holders who topsliced in the run from 7p to £1.4.
All directors have taken part in recent placings and of course David Hobbs has purchased all
his holdings, including the recent ~$500K. Those who know the back story will also understand Bob Rosenthal has had significant dilution to his original Great Bear stake.
I can't remember Brom being as critical of Wall and Opstad's shenanigans at our noisy neighbours. Seem far more cynical these days, funny that.
Started: Flight_Useful, 3 May 2024 13:19
Last post: Blackadder2708, 3 May 2024 15:29
Jiggery Pokery
Sounds to me pretty standard
“bureaucratic jiggery-pokers”
13:19
Sounds like desperation, ADGC have been seeking private capital to finance project for years.
If you worked for the ADGC what message would be sending out!
https://www.adn.com/business-economy/energy/2024/05/01/alaska-gas-line-leaders-ask-lawmakers-to-support-giving-44b-project-until-years-end-to-succeed-or-die/
Started: GrumpyScouser, 3 May 2024 08:29
Last post: chasbrown, 3 May 2024 11:07
Thank you.
£1.55m - the figure is being reported in pence [GBX]
Does that show their current liability as £150 million? Doesn't sound right.
Https://shorteurope.com/history_player.php?player=THE%20MANGROVE%20PARTNERS%20MASTER%20FUND%20LTD.&land=united_kingdom#Pantheon%20Resources%20Plc
No wonder someone has been squeezing the price down.
Started: NoTimeTouLouse, 2 May 2024 10:23
Last post: Stas20, 2 May 2024 15:48
I'll not argue, its not an either / or, its a tool. I'll leave it at that... other than, I think you'll find that a lot of shares are already traded by AI is just one step removed from algorithmic trading.
It certainly is.
When all shares are traded by AI, and no emotion or aspect of differing human interpretation is involved, it may then work, although I doubt it. I've read so may believers over the years, all of you must be as rich as Croesus by now, and far to busy to argue on a mere chat board.
Its not a belief system it is just one tool in a toolbox of many from fundamental analysis to economics and environment, so many use it it has an aspect of self fulfilling thus it helps to understand but heh, we cannot all use all the tools, thus if you choose to have one less tool in your box that's your choice.
Not everyone has seen it all be wrong more times than it's right. the myriad factors that can, and do, influence share price movement could never be charted with any degree of accuracy. It's a belief system, and believers can never accept criticism of it. That's normal.
Of course one needs to understand the basis and intricacies of technical analysis to see its benefits, but then education is a wonderful thing and not everyone wishes to learn...
Started: GrumpyScouser, 1 May 2024 18:03
Last post: sirmark, 2 May 2024 09:25
It was a simple market to market trade, you can see by the price with a miniscule margin to facilitate, had similar done when I've moved stock from one broker account to another. Th e transaction has to go through the market and tiny spread is added. I hope this helps.
Correct. I expect you are hoping for a lot more sells today then...
So, for balance, I guess the seller sold them to a buyer.
🤡 🤡 🤡
Just for balance my sharescope shows these both as sells, looking at the trades immediately before and after showed that the spread set at 34.0 - 34.3, buys attracted a price of 34.3, even for small amounts, no way to get a buy through at that time priced at the bid.
The trades went through at 34. far more likely they were sells and might account for the large drop during the day as they were being worked through.
Have I understood this right ?
Are we speculating that someone had the capacity to sell and then buy back 2,579,000 PANR shares @ cost of £1.7m?
This mystery investor must seriously be confident in the PANR business case and assets.