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Has anybody else noted the below RNS from the CA Fund issued this morning?
https://www.londonstockexchange.com/news-article/CRS/letter-from-saba-capital-management/15032498
Interesting RNS this morning from Hocschild mining this morning, regarding the value and benefits of being listed on the OTC.
https://www.londonstockexchange.com/news-article/HOC/commencement-of-trading-on-otcqx/15022900
IMO it would be good to see the Pantheon BOD take a similar approach.
For me, the number one priority for Justin and the BOD should be getting those Fallaron shares block traded to an institution that is prepared to wait for the true value of PANR to out itself. I’d hope they’re busy in the background trying to put together such a transaction.
https://twitter.com/pantheonresour1/status/1382752447614087174?s=21
I must say they sound fairly upbeat and happy to share the information gathered during the Kuparuk testing!
They’re currently targeting the Kuparuk reservoir with the sidetrack which is estimated to be in the region of 500mmboe. They then intend to test another 4 zones dependant on the temperatures staying low enough until early April all of which could prove to be company makers in themselves. The general consensus is that each zone tested should take 5-7 days from the completion of the last test.
There’s plenty in the RNS’s that will give you greater detail but I hope that helps as a starter.
It’s generally perceived that due to Aim rules, they will need to announce anything that could be significant to the share price immediately. So there’s a strong chance they will announce each test individually with the Kuparak test results being Immelmann within the coming days. It’s then perceived that each zone will follow in around 7 days from commencing testing.
Confirmation that testing is underway ...
https://twitter.com/pantheonresour1/status/1362580322877988865?s=21
I’ll repeat this post from last month in case any posters wish to accelerate their knowledge on State vs Federal land.
State vs Federal acreage.22 Jan 2021 06:48
https://oilprice.com/Latest-Energy-News/World-News/Major-Oil-Producers-Insulated-from-Bidens-Leasing-Ban.html
An interesting article, which clearly shows the value of Pantheons Alaskan acreage being on State land. If this article is anything to go by, I shouldn’t be surprised to see a major move in to acquire PANR once Talitha has been proved up.
http://www.thearcticsounder.com/article/2104oil_explorer_drills_appraisal_well_in
Many thanks for posting this praiser, it really is very interesting.
Just to be clear though, all of PANR’s acreage is on state land. Which means, given what’s happening on federal land will make Pantheons play even more attractive for investors.