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Can anyone interpret the below which was written on the whiteboard in the logging room in Max’s video.

Samples.

AHS 2 Sets

Geomask

Pantheon 1 wet 1 dry

AOGCC 1 x dry

Thanks 🙏

Logging Type What It Measures

Gamma Ray Natural radioactivity to identify lithology and shale content

Resistivity Electrical resistance to determine fluid saturation and hydrocarbon presence

Porosity Amount of pore space in rocks, indicating reservoir quality

Density & Sonic Logs Rock density and acoustic velocity to assess formation strength and fluid types

Mud Logging Analysis of drilling mud and cuttings for hydrocarbon shows, lithology, and gas data

Directional Data (MWD) Inclination, azimuth, and toolface orientation for well trajectory control

Pressure & Temperature Downhole conditions critical for safety and drilling optimization

Formation Testing Fluid sampling and pressure measurements to evaluate reservoir productivity

So my guess is as they have been drilling since 23rd July they have a lot of data already for Dubhe.

I do not think yesterday’s 12% above average trading activity is therefore unrelated. I expect RNS soon. My thoughts only….I cannot actually see how they can only release results at the end of the drilling phase ie kept secret…when they have so many third parties on site including AOGCC.

There were quite a few chunks of 50k and 100k buys today. I am convinced some institutional buys took place…hopefully some shorts closing….on the other hand we know the data room is open to 3rd parties and has been for some time. We also know that logging of data has already started with Dubhe….so could also be associated ….but anyways a good day all round…let’s hope it continues and we get official RNS soon.

RSI & MACD Snapshot for PANR

RSI (Relative Strength Index): Currently hovering around 68, which is just below the overbought threshold of 70. This suggests strong bullish momentum, but not yet overheated — a sweet spot for continuation.

MACD (Moving Average Convergence Divergence):

The MACD line has crossed above the signal line, a classic bullish signal.

The histogram bars are expanding, indicating increasing momentum.

Both lines are trending upward, reinforcing the breakout narrative.

🧭 What This Means

The RSI shows buyers are in control, but there's still room before hitting overbought territory.

The MACD crossover and rising histogram confirm that momentum is accelerating.

Together, these indicators support the idea that PANR is in the early stages of a confirmed breakout, not just a one-day spike.

Next week Rodney….we should all be millionaires…Only fools and horses :-) …I think it happened when they sold the watch :-)

Next week Rodney….we should all be millionaires…Only fools and horses :-) …I think it happened when they sold the watch :-)

Lovely update from Max…..love the end bit….”More to come”…..so looks like we will be getting regular updates whilst he is on site ! Awesome.

Agree. But maybe it’s also because members of the flat earth society don’t know the difference between exploration and appraisal. :-)

Patience is a virtue :-) wait and see….the well will tell :-)

Its more than likely….when Dubhe 1 is declared a success…..minimum 4 bagger from here in my opinion only :-)

I think news this week from Max…. In the recent interview regarding the Dubhe-1 appraisal well, Max Easley, CEO of Pantheon Resources, explicitly stated that he plans to personally visit the drill site next week to oversee operations and provide updates as results begin to emerge…..and this was last week.

FCA…..apologies …..:-)

Let’s hope….FICA grows balls and fines companies heavily who do not declare their short positions timeously and Dubhe delivers what shareholders anticipate. In addition why has AIM still got Markets Makers ? Manipulations need to be taken out !, We certainly do not not need middle men in today’s day and age…..and that’s why AIM is a gamble…..MMs gamble for you.

But of course I hope I know better :-) Chew on that for,l the weekend.

Why Dubhe Could Be a Game-Changer

* Dubhe-1 is designed to be Pantheon’s first production well, not just another test site.

* It’s targeting a known oil-bearing zone that has already flow-tested successfully, plus three additional zones that could add even more upside.

* If Dubhe delivers strong flow rates and commercial viability, it could:

* Generate early cash flow

* De-risk the entire portfolio

* Support infrastructure build-out for other assets like Kodiak, Theta West, and Talitha

Funding Future Development

* Success at Dubhe could unlock financing options — from equity raises at higher valuations to potential partnerships or even debt financing.

* It also strengthens their gas sales agreement with the State of Alaska, tied to the Alaska gas line project.

So yes, Dubhe isn’t just another well — it’s the potential keystone that could fund and accelerate development across the entire Alaskan portfolio. If it flows, it fuels everything.

You are so correct SirMark….. So, just from the western topsets in Ahpun, the per-share valuation could be around $1.40, assuming full development and realization of that NPV. And that’s without factoring in any upside from the additional zones Dubhe-1 is targeting…..what a wonderful thought !! Dubhe imo will be the game changer. :-)

Also in the Same Rns…..do you know the difference between an appraisal well and an exploration well ?

In Max,s words “ Dubhe-1 is an appraisal well, appraising an already discovered resource. Oil has been confirmed in multiple well penetrations of this horizon in the area, and as such has a significantly lower risk profile than the Megrez-1 well which was an exploration well. I look forward to reporting on progress once drilling is complete."

Read the RNS 22ndJuly :-) it’s only Dubhe well……:-) Appraisal well.

I think this is enough proof don’t you think ?

An Independent Expert Report completed by Cawley Gillespie & Associates ("CGA") in June 2024 estimates the primary target to contain a 2C Contingent Resource of 282 million barrels of ANS Crude (oil, condensate & NGLs) and 804 billion cubic feet of natural gas. Based on an ANS Crude price at the time of the report of $80 per barrel delivered to the US West Coast, CGA estimated the net present value of the total contingent resources in the western topsets in the Ahpun field (using a real discount rate of 10%) at $1.74 billion.

Seems like some aggressive buying taking place….I wonder if it institutional buys as I saw a large trade where they paid more than the ask !!

That brings the total to 16 Binding LNG agreements. Pity the market doesn’t realize the importance of these deals to PANR.

Imagine the embarrassment for Great Bear Pantheon if Dubhe is a dud…..surely these deals would not have been done on hearsay so they must feel very confident as I am, that Dubhe will deliver. Shorters take note !! You have been given ample time to rectify your positions. GLA.