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Stas is just another 🤡 🤡 🤡
It's in the high quartile of trading ranges. Of course it is, they announced great news... jeez.
'Looking at how the directors have satisfied themselves in the past with huge share sales satisfied by immediate replacements with lowball options, I expect far more equity than debt.'
Those options were awarded when the share price was ~half the exercise price, so your claims to be balanced don't stack up here. The executive chairman has bought all his shares including his relatively recent ~$500k of purchases.
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.
I added £1000. GLA.
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:Â 88E
Posts:Â 6,772
Price:Â 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 👌
Alfista, agreed, even though we may disagree. good luck. At the end of the day I would rather see individual investors making money than the market.
The answer is simple.
I'm in profit, and own too many to try trading.
Each to their own.
And I could quite as easily say if you think your blind adherence to an investment whilst ignoring the obvious price trend and potential drop in SP is representative of all other people here, then I expect you are mistaken, otherwise perhaps you can tell me who is selling, and has been doing so for the last 9 trading sessions.
Or, importantly since the last independent report by LKA which incidentally, many still do not wish to talk about as we know that the market was not impressed by the numbers, even the greatest rampers here have strayed from too much discussion on this one.
If you think your views will influence even small investors here, I think you are mistaken.
We can see the asset, we can see the strategy of the company since DH came on board. If you don't believe in the project, fine, don't invest. But if you are in to mad gambles on shares, then this one isn't your cup of tea.
You'll move on when mangrove dictate.
Yes, but we are clearly not all billionaires that can throw money at a stock without a care in the world and wait a decade when he clearly has multiple other investments. Hardly a comparison, a billionaire investor is clearly a million miles from your average AIM investor where they may be concerned with making as great a gain as possible.
Either way I would not be an investor at this price, it's in the high quartile of trading price in the last year, if I wanted to buy into Panr, I'd want to do it in a range that gives me optionality of either selling early but being in a profit if needed, or holding long time and reaping greater rewards. I would not be wanting to buy now to believe I may have some time whilst in a negative equity position.
You talk about billionaires but you don't see mangrove closing their short yet, why do you think that is?
All standard, long winded stuff. You never use one word where a couple of dozen will do. Same old, same old.
You are very simply playing on the awaited funding news uncertainty. Our billionaire fellow investor is clearly not impressed by mumbo jumbo charty claims
Alfista, no one has denied Panr's future possibility, nor the size of the asset, however in terms of making money here, everything is about risk reward, timing and how much you wish to make from a stock. No one has denied that in the future 5 - 10 years from now, assuming everything goes to plan and that oil is able to be extracted and sent to market, then Panr may well be a good investment.
However, for many its about making money now and into the next months. If I believe that Panr is a good investment and I hold shares in it or wish to, then one would be silly to not also see that short term, the price is highly likely to retreat, in which case which is wisest, sell and buy back, (thus increase your holding and ultimate return) or wait to buy at a lower price, again greater return, or just sit on your hands and do nothing, the price of inaction is the price of reduced profits.
Every technical and fundamental indicator is showing that on probability the price is going to continue down over the next few weeks, yes you might get a few little spikes but this is now firmly under what were strong support levels, broached multiple times and now broken on both the bid and ask.
PANR have a massive ASSET.
Borrowing to fund development is entirely normal to get through early stage wells, thereby becoming self funding, and later, cash generating.
Happy to show confidence that the sp will continue to rise as in last 3 months: bought another £2.5k this morning.
I'd say I have been pretty balanced, I write it as I see it, have a look over my previous posts bullish where needed, however I am not going to ignore the facts as I see them also, technically the trade is a hold, for those of a nervous disposition and are in for the long haul, which of course for PANR is a given considering plans out to 2028.
But for those that wish to trade I posted to trim and buy lower.
As regards the fundamentals, well you cannot get away from the fact that Panr need cash and the most likely route will be equity, its the mainstay of AIM, its why companies list on it.
Nahh. You're just attempting to be more subtle in your negativity than previous bashers. trying to sow seeds of doubt whilst numerous daytrading shorts do their stuff.
Looking at how the directors have satisfied themselves in the past with huge share sales satisfied by immediate replacements with lowball options, I expect far more equity than debt.
I'd guess a large lowball placing, why because I expect the directors will be looking for immediate gains, thus a large discounted placing whereby the directors take a position thus showing their support to the market, maybe even issue more options at the low end and then a bullish presentation to kick start them into profit.
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
It looks like a mix of debt and equity.
I am the same SirMark on here ADVFN and Discord
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.