Member Info for dickienicholls

Morning Boys.

Thought i would pop in see what you little scamps are up to.

Still pushing over little lads and pulling Pigtails i see.

What would your mums say??

'Grape Vine'

A reliable source Sean??

Bully.

Not sure if there are any open shorts at the min, not so happy to be corrected!

I thought they closed when Mr Hobbs got his severance pay with the last raise

There is 1.45B shares on the table, a 9.15 sp

And all we know is the data room is open.

Personally i think the view Tony has taken is measured and quite accurate from where we have been and where we are now. You can’t just magic a 50p-£1 so, I wish I could but one needs imo to be a little more level headed and I think Tony has done just that. GL

OilBarron

I would suggest the search to satisfy plan A by means of farmin is embedded, how long this exercise may take is anyone's guess, so i will not.

If plan A is unsuccessful then i think albeit suggestion revoked. A Plan B may be the inevitable over dilution to shareholders including LS.

I think a Farmout will be a proposal and part if not all of the licence will go to auction, sell off.

I have said before, LS seeing 5 years of investment, poor management and inactivity other than dilution has i feel incensed the man and he will look to recoup his losses one way or the other.

Lets hope for a successful Farmin.

I suspect Mr Spencer timed his chair strategically

To get the best deal he possibly can for panr

An auction of drilling rights in the National Petroleum Reserve-Alaska broke records Wednesday, suggesting that the oil and gas industry is keenly interested in expanding in the U.S. Arctic.

Maths not the best but I think he sunk about £25m into Panr so approx £17m underwater as he suggested could be wrong. Even to a billionaire I’m sure he worked hard enough to get it and not willing that kind of investment written off by mismanagement…a thought at least?

Yes Lee you’re probably right. Regarding forthcoming news. The chairman did say that coms in the past were absolutely dreadful or to that effect and he would ensure the issue would be addressed. I have no reason to doubt his word. Yes long term however I do have an eye on Prd and the drilling of mou 5 could be a busy year for both.

Timing I suppose?

Gl

Lord Spencer took the chair on the 12th of March.

I suspect a little while yet before any tangible news!

Alaskan spring is approaching and the thaw will begin, maybe…..maybe some news on Dubhe pressure readings although I suspect that info will go into the data pot? Favourable news this year I hope

Https://youtu.be/7qAdBDnq6PI?si=Y2yYoEmUjoH1oF-O

Worth a listen rpg7

courtesy of Wraith on the PRD bb

Danger danger ‼️‼️MEM has fully loaded up…🤣🤣🤣🤣

How’s Mosman MEM ?

Hows CHAR Boldy??

The row back on Russian sanctioned oil & Gas has already started, lets hope our priminister takes a similar view on the mothballed north sea..........Unlikely

Cheers Fellah, food for thought.

If honest I'm uncertain how this is going to play out. I have said before (doesn't make it right) but my thoughts are lord Spencer.

First and foremost wants his investment back, even break even 25-30p. 5 years of frustration and inactivity other than dilution it would appear

Has prompted him to step in and shake things up a little. we have been told the data room is under scrutiny and the intention being to roadmap a farm in.

Of course you need genuinely interested parties for this to take place. Panr has a considerably vulnerable sp at the moment.

Albeit a farmin is favourable my thoughts given the global situation is that a major may just wish to buy up the whole licence and land bank the acreage until the world crisis stabilizes. At what price this may be is anyone's guess i would suggest, just my musings.

An interesting year ahead though.

Q: Generally interested Lee.

What is your target price & timeframe if you dont mind? Just curious.

So you now own nearly 30 million shares James??

Fellah even if you bought all of them @ 8p thats nearly £2.5 M

WOW!!

'Soup Sandwich'

That made me chuckle this early!

James... Really 29000000

i must confess im not the brightest, but even i struggle to believe you have bought this amount in an aim stock.

@ what average?

'I can’t see any “partnering” happen. Who’d partner with somebody who has upfront said they won’t put more money in ??

No, it’s going to be a sale of the leases'.

CringSing......I think that this may be the Plan B lord Spencer did not wish to discuss. Im sure he will have a timeframe in mind to procure a farmin deal & if not successful, i tend to agree with your thoughts a farm in will turn quite quickly into a farm out.

He will want his investment (shirt) back on the hanger.

James

Your level of risk/reward profile is absolutely staggering. You have invested 100s of thousands of pounds even before Lord Spencer sat at the table. I hope it all works out well for you fellah. My risk/reward is a little more blue chip if honest GL

Strong buy up to 30p for me.

Being a little cautious as lord spencer albeit very positive in coms, after 5 years of inaction may just want his investment back.

Of course I like many wish for a partner ‘farm in’ and good fortune from a successful drillbit.

Patience from me before anymore funds allocated to panr