Member Info for JohnHenry

3 day rule

Panr MKT CAP £238M 88E MKT CAP £138M After lots of DD ive bought PANR

I’m guessing they are holders from the 18p Buyers from the MBU sale.
Imho MBU shares didn’t go to institutions more like high net worth retail investors who have been selling since that day.

Volume and quotes are a little strange.

Unlikely has investors require an RNS regarding the start of play regarding Unit 77.
Unit 77 is obviously not in operation as the company are not yet at full production.

10p would give a MKT CAP of £37 million although anything can happen those kinda levels seem unlikely. Imho the floor and support is likely to be 18p.
Certainly an update is needed on the RNS dated the 13th Jan

needs clearing before any change in SP direction.

should be RNSed by the 28th.

How an earth can PANR be worth more than GKP even when discounting Jurisdiction

Price Action looked positive yesterday, however todays spike has brought the seller back.

Further to additional contract wins and workload emerging in the Belfast facility's fabrication halls, some of the fabrication work for the Cory Barges contract will now be moved across to Methil.
I particular liked this sentence.

Price action today appears to point to no overhanging sock.

Penstock from the 13th Jan
Mobilisation of the components of unit 77 commenced yesterday and some equipment has already arrived on site. All required benching is complete and once the highwall miner has been re-assembled production is expected to start during February 2023.
I would expect an RNS late Feb if this is not achieved.

Would infer failure

Looking like the seller may have cleared yesterday. 275K trade may have seen the stock cleared.

Penstock surely with the thicker seams in the new permitted area the efficiency should improve?

Unfortunately the rot wont stop until the large sellers have completed.

Bigkahuna May I suggest you use profit when calculating a potential share price.

My estimate would be a fair few million, imho the majority of the MBU shares went to HNWI rather than institutions.
MBU shares where placed with brokers , MBU nor BEN wouldn’t have a clue where the stock had gone.

Trade data a little all over the place.