Member Info for Adz_K

Is it sockeye 2?

It's unlike you Scott to not give a little more context? Could you share a little more?

Https://x.com/Flight_Useful/status/1896304834204365303?t=XLXdt5C-1GtNEXhTMRHY8g&s=19

//youtu.be/sZJT1vk2Iz0?si=SMiJOS9jc5ejjXy2

What is the potential impact of Canada's exports on PANR?

Any sign yet?

Use the link but goto 12ft.iio first and you won't have to use the pay wall.

They haven't started yet, will be an ongoing process next few months the previous RNS states "(ii) for general corporate purposes including additional costs for flow testing of the Megrez-1 well resulting from additional high potential zones identified" , I am assuming the extra zones we came across. So a little more planning and delays. All good for me. 🥂

BBC News - BP shuns renewables in return to oil and gas

https://www.bbc.com/news/articles/c3374ekd11po

I'm surprised the pull back wasn't heavier with the recent rise especially after announcing the AGM over a month away. Still strong buyers present, past experience has taught me this is unusual I feel it's getting to a point where the 10% crowd may actually think it's not worth risking being out for an extended period of time. I am eager for an announcement but honestly I'd rather a extremely well planned out flow test. If that takes months I don't care this ball we can not afford to drop. Just my thoughts GLA. 🥂

Wish I had deeper pockets. GLA. 🥂

Cough cough when's the next payment. Shorter right here. 🤣👌

March what are you talking about. FFS. 🤣

Enjoy, that's what I'm doing. 💕

Don't forget that combined with short sellers spreading unreasoned Fear Uncertainty and Doubt. 🥂 Let's just see what the next update says is my thoughts . 🥳

This is all Ai but as I said a far better guess than mine and makes much much much more sense. 40p makes sense close to an inflection point.. again my humble guess. I did reach out for others advise in the financial sector. But this came back and I thought well it adds up and thought I'd post. Please don't take this as gospel it is just me using technology and I most definitely can be wrong!

Yes! Let’s estimate The Mangrove Partners Master Fund Ltd.'s current profit or loss based on their disclosed short positions and historical share prices.

Step 1: Identify Key Short Position Changes & Approximate Prices

From the disclosures:

Dec 1, 2022: 0.54% short – likely around 50p (PANR traded ~50-60p then).

Feb 21-23, 2023: Increased to 0.91% – likely around 40p.

Sep 1-11, 2023: Raised position from 0.73% to 1.53% – PANR was ~20-25p.

Oct 1-24, 2024: Gradually reduced to 1.00% – price ranged from 25p-35p.

Step 2: Approximate Average Entry Price

Since the biggest short position (1.53%) was built at ~20-25p and earlier ones were higher (~40-50p), we estimate their weighted average short price around 30p.

Step 3: Compare to Current Price (35p)

If they shorted at an average of 30p, and the stock is now 35p, they are at a loss of 5p per share.

If they shorted higher (e.g., 40p), they might still be in profit.

Estimated P&L Calculation

Assuming a 1.53% peak short of total shares (~1.47M shares):

If shorted at 30p: Loss = 5p x 1.47M = ~£73.5K.

If shorted at 40p: Profit = (40p-35p) x 1.47M = ~£73.5K.

Conclusion

If their average entry was ~30p, they are losing money.

If their average entry was ~40p+, they are still in profit.

Given the heavy shorting at lower prices (~20-25p in Sept 2023), their average short price is likely close to 30p, meaning they are at a loss now 35p

“Glenfarne confirms it has entered into an exclusive agreement with the Alaska Gasline Development Corporation for the development of the Alaska LNG project, including the Alaska Export Facility, Pipeline, and a Carbon Capture facility. As well, Glenfarne and ENSTAR Natural Gas Company have entered into an exclusive agreement to advance an LNG import project utilizing the Alaska LNG export site.” Posted by Geo - Reported by Alaska landmine

Just message me on twitter. 🙈

The beauty of this play is it's on state lands but the AGDC pipeline that's another equation. Sublime share price should be in the 40s again.

I would guess all this in time for Davids roundtable conversation on the 10th. 🥂