Member Info for JGoater

I think we might be on day 8 of 10.

I cant work out if the stimulation* of the well is included in the 10 days of the test or if the 10 days means 10 days of flowing, in which case we might be a further 3 days away.

If it is every 10 days, then this has to be included?

For those of us holding on, its certainly not about the first result!

I dont think charts have a place here. Sharp drop will at some point be followed by massive rebound. When the 'at some point' is I dont know.

Yes, mostly automatic sells. This is the strongest buy situation, director buys at 70p, so they believ in what is about to happen.

What a moment in time!

People will load up so as not to miss out if the flow test news is on Monday.

People that realise that loading up will happen... they will load up to get ahead of the higher price caused by people loading up!! Somebody reading this will understand this and load up!

At 61.5p we are 13% or so below the 70p mark.

Right now, without the flow tests we would be north of 70p, we are just doing that Aim share not up in a straight line thing, so we have results coming soon and a trend correction.

Its back now

Same, I tested that it only offers for very small amounts, missing out on more buying at the lowest prices.

The share price, not me!

Shooting up right now...

Not me, the share price.

Good news either way, whether it closed, was incorrectly reported or other, there is no longer a short reported.

Even the psychological boost when we check this page is worth it!

Something we have been waiting ages for.

Some will celebrate with fine wine, others with toast.

How do they take the profit by buying shares?

Sold 300k, bought 500k

Great read.

In this, he has an estimate.

Since then you need to add in the bonus of gas.

Following that, where we are now and with the financing how it is.

Further to that (!) when you see an investment company buying the bond payment at the current share price, you know they think they will make money.

This leaves us with the question- Will this happen? Meaning, will oil happen or not.

The new exec was bought in with experience to bring us to market, having initially drilled the well. They could have waited for the results but they didnt, so this says to me that Pantheon, who have the best knowledge of themselves say yes.

With that in mind and even the worst valuation of 2bn barrels, and looking at what was said in the AGM nearer the end regarding buyout, comparing to another company that Exon Bought... we are currently (at around 70p) under a third of the share price. If the share price was under £2, something would physically have changed.

I felt that the indicators were all there when the dilution happened at 17p, and of course some people dounted when we hit the high 14p area shortly afterwards. This feels very similar, wheere you have to ask the question, is the next phase going ahead. At the time of writing, just below 67p, the overall momentum from the beginning of the year seems to make sense.

So my completely individual target price is 210p. Please do correct me on any of this, but looking at that old link, listening to the agm, knowing that by 2028 the demand for oil wont slow but it will be yet harder to get out of the ground, my target price is pretty safe.

Its been a most satisfying hold, I had shares from 2023, so at one stage a lot of value gone, now its more than back again.

Wednesday- there it goes. Slightly up this morning, responding to balancing the balancing of the higher buys vs sells yesterday.

Yes, the share price algorithm, or as perceived on many posts to be a man sitting there all day manually fiddling the price, seems to behave with a buffer. This makes the price and amount of shares slew about like a detached object follwing interest like an elastic band.

On Monday, the share price rose 7% but had more sells than buys. So it set off today to correct that. Today ending with many more buys than sells. I wonder if that will work out tomorrow with the price going up a little. Maybe a better idea would be like a water skiier following power boat or a car drifter correcting steering angle. There is often overall movement, but whilst steering the other way!

I agree with the positivity.

Company looking for oil finds oil, testing well. Has gas (bonus).

US actively looking to help US companies.

Alaska man put into company, former BP employee.

Company prepares for dual listing.

Company wants to move towards production making oil delivery go from discovery to inevitable delivery.

Bond accelerates project.

BP to make statement at 1pm UK time, on Uk news all morning BBC1.

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If you think back to 17p. Shares were issued to generate money.

I am prettty sure we dropped to 14.7p or similar after that.

What does that look like 4 weeks ago?

Question: Can somebody calculate the worth realistically of the oil and a rough share price?

If so, your question should be...

"Will this oil go to production?" As we get nearer and nearer to that point, the oil production becomes more inevitable. When that draws near, a bigger company is likely to step in as they will want that market share. So the main question is where will this end up.

The short term "ooh it is at x price" today will seem in the future similar to when we look back at when it was 10p.

Selling at the moment is like saying "Oh I bet this company for some reason accelerating its project looks like it wont get that oil it has out of the ground... at this moment in time when we have such high oil demand with it being harder to get out of the ground with that crunch point coming up in a few years!"

Tuesday 2.1m shares bought, 1.6m sold

This followed the opposite from Monday if memory serves me correctly. So today, barring an RNS reaction of the convertible bond change the price may go up regardless to rebalance.

Volumes and correction. Please do educate me if I am wrong here.

Yesterday the price went up.

There were 4.4million sold and 4 million bought.

The previous days slightly more were bought than sold.

Today, more would need to be bought to bring the price to yesterdays close.

The evil MM bogeyman might exist, but he behaves just like a computer algorithm every time. Just as I typed, more were bought and it recovered a little.

Fairly steady and even today on numbers (click on share price tab and scroll down 662k vs 647k), so the price dropping reflects yesterdays sold and balances the last few days.

Being a former BP man, I think its excellent news if he is here to march things forward. I agree with the earlier thoughts that this would not be happening if the company wasnt expecting to succeed.

(i) In your jobs, are you ever in contact with your old employers?

(ii) With so much at stake, if you were to buy out or attempt to buy out a company, would you like somebody to check it out first?

Totally Deepcut.

Every time there is a massive day rise, it takes a while for the short term investors to sell.

We are on the cusp of flow rates.

Overall oil demand (people forget plastic is from oil, bitumen, loads of it not for burning in vehicles) is increasing year on year. The Uk Government (I think last year or the year before) did some research and essentially we wont run short of oil but it will be harder and harder to extract from lots of small spaes rather than easy spaces. Trump also knows this, so starting in around 2028 there will be a little bit of an issue for oil. So at that point, what is Pantheon worth with oil in the ground?

Alaska itself needs gas in the next few years. Will Pantheon with direct to pipeline gas be in a good position to supply gas, hmm. Meanwhile, Japan, Taiwan and possibly India are asking about gas.

On the horizon are all of these things. They get closer, flow test, oil production, does the gas become more likely (the gas is a bonus) and of course will the short be closed soon (is it 12m shares to buy back).

Right now, I am slicing my tranch right back in with this buying opportunity. Somebody else posted the last flow test results were +37% on a day. That would make this post and the price next to it rather funny.

And now...