Member Info for Brombarb

Some very good views and explanations as well as understandable angst at what seems to be the nefarious activities of a relative few, if the relative stability of the later day here and in the US continues then perhaps we may have a better day tomorrow.
GLA

Volume up against 10 day average 950,570

Pantheon Resources PLC
PTHRF:OTCQX
RT Quote | Exchange | USD
Last | 2:39 PM EST
0.9115 -0.1384 (-13.1857%)
Volume 2,899,391

0.91USD = 0.77GBP

fundamentals unchanged (if ignore shorting activity),
just sad reality of dealing in the markets :-(

moving positively if early days
Last | 9:45 AM EST
0.9002 -0.1498 (-14.2667%)

New 52 Week Low Today

Pantheon Resources PLC
PTHRF:OTCQX
RT Quote | Exchange | USD
Last | 9:33 AM EST
0.86 -0.19 (-18.0952%)
Volume 239,386

https://www.cnbc.com/quotes/PTHRF?qsearchterm=pantheon%20resources

it will be interesting as to how the OTC market reacts this pm just over an hour away.

01:30
Thanks for reply.
if the pressure bomb has been placed prior to sand removal then that would save a whole chunk of time.

18:07
Think your taste may be described as eclectic (in a good way), good to experience new things :-)

listen to
https://www.youtube.com/watch?v=1sUjszlKUL0&t=240s

13:09
At 30/09/2022 we had A$17.5M subsequent to that we have paid our 20% deposit on the Leonis acreage and most probably the cost of the 3D so funds will have depleted from the figure you have given.
The projected cost for Merlin-2 was US$28M, the payment in shares you mention was = to US7.5M and was stipulated as being for drill and snow road management services to a key contractor (ELKO), the rig contract was with Doyen and I do not think they took any payment in shares.
Let us see what results from Ashley's forthcoming visit to London.

12:36
After reading the RNS 25/10 my interpretation is that the pressure bomb will be placed after the sand has been cleared and remain in place until analysis and pressure build up is complete enough to resume fluid flowback in preparation for testing. As Jay says in his last interview we need patience.
" The Alkaid #2 well is being shut in as part of the planned procedure to transition from temporary flow back facilities to larger permanent facilities, and a coiled tubing unit will be used to clean out the wellbore. Additionally, Pantheon will undertake a pressure build-up operation by placing a pressure "bomb" in the production packer and allowing formation pressure to increase for several days. This will allow for analysis of multiple reservoir parameters and is a standard reservoir engineering analytical tool."
Pressure bomb
A thick-walled container, usually steel, used to hold devices that determine and record pressure or temperature in a wellbore

12:50
Last year we had A$36M in the bank, enough to pay for well & ice roads etc
"Strong financial position - cash of A$36.1M and zero debt (as at 30 September 2021)"
This year we have cash in the bank but Hickory-1 will swallow that and a whole lot more.

No dates given but as recent CR's now ratified I suspect will be soon.

"88 Energy Limited (ASX:88E, AIM:88E, OTC:EEENF) (88 Energy or the Company) provides the
following updated Corporate presentation, to be presented by the Managing Director at the upcoming
EGM to be held on 11 November 2022, as well as at upcoming scheduled investor meetings to be held
in London, United Kingdom."

08:35
geologic CoS
https://clients3.weblink.com.au/pdf/88E/02556755.pdf

https://dog.dnr.alaska.gov/Document/Download/ADF60071AB0945EA83ECE6683CF41EB2/Preliminary%20North%20Slope%20lease%20sale%20results%20available.pdf

10:54
The best thing about this whole process is that GBP are on gravel, if it takes 3days or 10 days it does not greatly matter imo.

Tomorrow 09:30 in Perth (8hrs ahead London)
So we should have voting results early tomorrow.
Do not expect any other news, but then I did not expect any new leases in the NSS.

11:57
88E do not need to state what they paid it's public record both for leases and 3D, the latter which was shot 2007 so yes a little older than GBP's but perfectly useable and enhanceable.

88E Wiki now updated
http://88ewiki.wikidot.com/leonis

At least we have not stepped in blind, pre purchase of Storms 3D (full data set ~US$86,000) suggests we have gone about this the right way :-)
https://dggs.alaska.gov/gmc/seismic-well-data.php