Member Info for Dicko80

Im thinking cash upfront for lyramid. Hopefully top end of $2m

Oncogeni im guessing, we are being backed into a corner with the offer of limited cash upfront and majoroty based on milestone payments

Yes high COS for the primary target , locayion to interscept thick payzone 500ft

The other three zones vary on COS, 2 targets logged pay and flowed oil in previous wells , so good chance of success and the other has a seismic anolmy over the reservoir on the data but would be higher risk

Any oil in any of the 3 additional zones is upside

As i said before, Just a waiting game now

Think i mentioned ive revised my expectations on cash in bank as i feel the oncogeni deal is probably non agreement on the cash upfront hence no RNS to go binding

Correct this drill is an appraisal well, planned to be used as a potential producing well

But they have clearly picked this location to also intersect the 3 additional zones that currently have no numbers against

Add that to the large short that needs closing

Perfect timing for the sp to increase over days as the drill nears TD

https://m.youtube.com/watch?v=0gnXjI5zG9E

Volume 11m if we say 25% is them , 2.8m or so

So maybe another 3 days of similar volume anf similar increase ?

29p

32p

35p

Here we go

Last 1hr 30

Yesterday last hour of trading saw huge increase in volume

The rig and crew on a day rate hence why drilling is 24hrs

So if working 8hrs x3 cost

12hr shift x2 cost

Id imagine the costs per m will be higher as they are only drilling a day shift amd not 24hr per day

Mangrove closing 9.4m shares to buy back and appraisal drilling with 3 additional zones which offer has no resources attributed to currently, so significant upside to the current 280mmbbls and 800BCF gas

The 3 additional zones there are reasons to believe oil to be present

Upper prince creek - the data has highlighted a seismic anomaly over the reservoir

Type c - logged pay in the 1988 state well

Slope fan - logged pay and flowed Pul in talitha A well

So very positive to add more resources through these 3 additional potential zones

The other significant event with this well , it will be completed as a horizontal well , so as the primary reservoir in this location is expected to be 500ft t but the modern completion as horizontal will test x6-x8 of the reservoir, 3000-4000ft of reservoir with future wells expected to be as much as 10000ft of reservoir

Perfect storm

https://www.pantheonresources.com/index.php/investors/presentations/713-investor-update-july-2025/file

They are trying to control trading

But Not many sellers about for them

A lot of shares to buy back in a shortperiod of time

Should run back to 50p before news

Well it needs to happen as SA have caved into the environmists and halted totals drilling campaign

Looks like seller still about

The company mentioned a lot of holes to be drilled out 10000 - 15000m

So is it a distressed seller or offloading to take more in a placing to fund drilling ?

Agreed

Why the delay ?

Cash keep your childish behaviour to the playground

Ive been here a lot longer than you

Read the june RNS

"The provision of a jack up rig, proposed to be 510"

That is not confirmed

Just for clarity 510 rig isnt booked

So the second hole (new hole) could take upto c60days to drill based on current ROP

Anyoneknow if hole nr 2 is updip or downdip from hole nr 1 ?

Trying to find a seismic section of KW deep