Member Info for Ddraig

Simple really, there are 3 cohorts. Long, short, flat.

The we’ll result will be the result and 1 of the cohorts will do well against the other 2…pick your cohort, pick your time horizon or target and let’s see

07.42…🧢…getting one ready for you to eat 🤣

06.41

Agreed.

People may wish to reflect that not only would sending out positive signals without fair and reasonable cause impact the company financially and financial interests but there’s also the companies reputational standing with the industry / dependencies such as the LNG pipeline.

With 40% of frac fluid back, if it didn’t look like the outcome on a fair and reasonable basis would be in the commercial window then that would be the time to manage expectations.

Not go on Alaska industry conferences and run positive interviews after an adverse market reaction to an RNS that wasn’t negative

If I’m wrong then the board have wider issues…but I just can’t see that being the case

19.43 & 21.13

😂…you guys are a barrel of laughs…please stick around…especially if it comes in

12.02

Agreed…I don’t waste my time worrying about things I can’t control and the markets expectations of other peoples strategies are certainly in that bucket.

I have my view and position which is within my control

This I’ve resigned myself to there being no ramp up into results. Shame because on good results you’d get a good % rise but it’s starting from a lower base than most would have anticipated.

Result is everything and that drives the rapid (in O&G terms) further developments and I’m sure in a sunny day environment the share price would catch up but the lack of enthusiasm is disappointing to investors as I’m sure it is to the board.

Nothing can be done about it I guess….will just focus on hoping the result is over the hurdle we need to continue moving forward

Notwithstanding flow back rate of frac fluid and that of oil, NLG and gas won’t be the same given different properties

07.45

Believe it was an estimated average flow rate as determined by the % flowed back given the total fluid placed in the reservoir

All still to play for.

Maybe the RNS was too sparse and/or AIM participants are too nervous/ill researched but confident at this moment the confidence in a good result remains

(This doesn’t play into the company’s vision that being on a more senior exchange will not only provide better capital opportunities but also share price stability. AIM listings have been falling away for years and it’s unfortunate that the market itself is bringing it’s own downfall)

Whilst I don’t wish anyone ill regarding their choices or what might be an opportunity lost , from my own position I’m hoping for positive results in or around Christmas so that all the longs have a great festive season

Convinced they are hedging a position so this is would be the expectation.

If we have a good rise or a significant re rate they will close out

And that note still references the 361m bbls….we know there’s no value given to the resource upgrade…so this is still a conservative approach

Be interesting to see if they want to issue news over Christmas, often quieter…might be a good thing or not…

And before anyone chimes in….i know they have an obligation to disclose but surely there’s a realisation that they can spin that a bit under the umbrella of review and analysis

06.48

Leas than 2 weeks to get to 50%

So they are flowing back about 2,900 barrels of water a day.

7-14 days at that rate takes water recovery to 50-60%

I guess that’s the time line plus days to flow and evaluate initial rates. Mustn’t forget the decline curve but one step at a time

Not sure the oil will flow back at quite that rate given the difference in viscosity but 2,000-2,500 would still do what we need…GLA

Let’s be clear…regardless of the wording or timing of the RNS, that won’t change the outcome…they are simply words.

If you sold on the back of the RNS you may be right or maybe wrong and vice versa if you held or bought.

Long or flat/short…one will be right and we all make our own choices therefore when results are in we are all individually accountable to ourselves.

Good luck whichever side of the coin you’ve picked

16.06…they cost saving of not having to re inject the gas is more than the amount we’ll be paid for it …either way the gas contract, if signed, is a good thing

Been here a number of times before (not just with pantheon)

I always think the RNS and progress doesn’t indicate anything disastrous….i have been wrong every single time

So whilst I still think the market has got this wrong…history and probability suggest I am wrong…just hope this is the time where I’m actually right

22.34

News from 2022?

@bobsknees and @Gratitude8888

Get a room 🤣

Not sure that’s the right question…everyone agrees the oil is there and plenty of exploration wells to prove plus independent analysis

Next point - will it flow…next few weeks will prove of disprove

Next point - If proven then there is the risk of development costs (this will just be higher or lower numbers) but they are on top of existing infrastructure and if the gas’s is good then Both have a reducing effect on costs and can commit to the lng supply

Once those points are cleared its execute the development program and the returns start coming in…quite quickly this will become self sustainable

Simples