Member Info for Jam4u

Was it called something else before? And why not here ? Surely I shouldnt be going to a competitor website to see RNS's ???

Why cant I see any RNS's for this company???

Interesting post - this sounds very feasible.

i always had my head in any merger or takeover happening the other way around - that is we got taken over. But I really like this way of thinking. This would create an even stronger beast.

Is there sufficient shareholdings to be able to take action against this gravy train Board of Directors???

Excellent post - and well recommended for readers to look up just what they have. Sub 30p, sub 40p and sub 50p is for me a joke with this one. 2Bn Barrels of oil is all I keep thinking ...

It has been 'held back' by looks of it is my call to fill an order/request from som. I have been putting in dummy buys all day and for decent amounts and consistently been offered well above the bid price. That TR1 this week was telling. Once this order is filled I see this being let go ... watch closely folks!

2Bn barrels of oil - divi or premium takeover should be coming here and that's AFTER some decent capital appreciation to the sp and mcap. It IS stupidly undrevalued with two major bits of share price catalysts coming. Flow rates from Magrez and Pipeline financing update from Alaska (State)

I think the same too - feels to me like market collecting shares to fulfil demand. That's what we saw with Spencers' TR1 rns. But think the market are going to have to let this go soon enough.

With all the strategic discussions going on too, politically, financially and operationally I just cant see how this wont be let go soon enough. 2Bn barrels in ground with 1.6Bn confirmed, for me puts the value of the oil-in ground at less than 0.25p a barrel. Ridiculously undervalued and as it becomes clear that the pipeline is a 'go' and their is route to monetising the oil then watch this (sp) let rip ...

It's made valuation right. There is a guy on Twitter who is mad-selling this to Americans. He see's the value here.

Do you know timelines of if and when it will get listed in US?

This You Tube spells it out. Right now at 2Bn Barrells of oil, it is valued at less than 25p per barrel in the ground. Nuts valuation, then add in the tidal wave of strategic importance that is coming which will left #PANR and its difficult to not see how this wont be double in value soon enough ...

https://www.youtube.com/watch?v=U2TUuiEiYWo

Spencers' % holding up - bet he couldnt believe the opportunity presented to him with the SP dip. He stated, "Updated number of shares held, overall position changed from 6.84% to 7.19%".

https://www.lse.co.uk/rns/PANR/tr-1-notification-of-major-holdings-r5s3od8xt2ayxtt.html

Https://www.kdll.org/local-news/2024-12-11/state-development-group-oks-line-of-credit-for-pipeline-project

Who said no newsflow - I expect we will see plenty on this especially as Trump starts taking power and that is not long at all. He has already said he is pro the pipeline and pro-oil & gas.

Excellent post Rabito - re-reading your message has made me realised JUST HOW GOOD this drill outcome has been. Easy to forget the significance of the 20% porosity - this de-risks the flow test as well!

I am amazed this is below even 50p lete alone 40p and 30p!!! (and that's before even the drill result from magrez is taken into account!)

Anyone seen that Trump has offered incentives to anyone investing more than 1Bn in the US. With Alaska being in US. With PANR having 1.6Bn confirmed and my guess is that Megrez will add at least another 400Mn of the 600m target (remember initial findings is that it has exceeded expectations so my 5400m is I think conservative based on that). Then applying just $1 a barrel value for the oil in ground value (Very conservative if you ask me), then PANR is surely worth $2Bn mcap. It currently sits at c£350m mcap. That's multi nags worth. Anyway, I can see a takeover offer coming for PANR myself especially as Trump has offered this incentive....

Thoughts?

Here are some random (and no particular order) thoughts from me:

1) The MMs are taking from the weak and letting others load up (Shorts possibly closing their positions)

2) I always thought it was solid news expected once I saw the Annual results out yesterday - that for me was a telling flag

3) This drill result has clearly surpassed all expectations - so the big Q is how much do they think they have.

4) The company now must surely be in a position to RBL (reserve-based lending).

5) IF the market doenst recognise the true value here then (I think it will FWIW), I strongly suspect it will get forced to do so through predatory bidders coming in - remember they have established discoveries in other parts of North Slope, Alaska too. It is on ground and right near the proposed Dalton Highway pipeline.

6) The RNS didnt seem to say anything about gas or liquid gas, so assume that wasnt a hit, but looks like they have more oil than they ever wished for to make up for it.

OK I checked the rns - revised timelines are last day of dealing is 30th Oct - so I can still sell now, or on 01st Nov get the GTE shares and cash. with the divi on 13th Nov. (In case anyone else is wondering)

Hey guys, I have a small holding across mine and my wife's accounts. I realise I have missed the deadline (got a letter late(ish) from Jarvis, but also I simply didnt have the time. I now go down the route of defaul shares and cash. Anyone know when this get's executed in terms of a date and when I can expect the funds and the GTE shares? (I3E shares are still showing in my account)?

Hey guys, I have a small holding across mine and my wife's accounts. I realise I have missed the deadline (got a letter late(ish) from Jarvis, but also I simply didnt have the time. I now go down the route of defaul shares and cash. Anyone know when this get's executed in terms of a date and when I can expect the funds and the GTE shares? (I3E shares are still showing in my account)?

#IDP interview with CEO, Blake Hughes. Watch and listen to the last minute in particular where he talks about the transformation - more clear indication its profitable!"Behind the scenes there's been a lot of work to transform the business; to transform how we operate. Not all of it visible to our shareholders yet"https://www.youtube.com/watch?v=ueAX3pm4r9A

Its in the Finn Cap broker note.

I am mirroring last year's numbers as a result and hence why I say between 3.5m and 4.0m for this year. In the end (to a degree the actual final revenue number is less important to me - as long as its in that range). What is important is have they got costs under control and the pricing model correct which should drive margins and 'true' profitability. Not what the last lot were doing which was driving revenue even though it was loss-making. If this new lot can prove they've truned that ship around then its game-on for IDP.

ProLong was always a massive drag on the accounts. The 1.1m was largely written off anyway and I think all the 'extra' numbers that the lost lot had included are written down as announced in RNS from the summer i believe. Just the year end accounts havent been published yet.

Let's see what the numbers say, but if indicators are anything to go by then the above 5 points I made are strong indicators in my humble opinion. I for one will be disappointed if the numbers dont reflect an improvement in costs and margins - it may not be fully profitable but I would expect close to breakeven as a minimum, thus giving a good chance of profitability for H2 and for the year overall (as we all know IDP is H1 cost weighted and H2 rev weighted).