Member Info for Louis10

Touched 19p equivalent in the US earlier.

It's why these guys lose so much money. They support these stocks like football clubs - and end up getting their clocks cleaned.

Makes perfect sense. Your problem if you can't understand.

Likely to be the placing or the next tranch of convertible shares being forward sold.

What the informed commentators were warning about...the death spiral.

Problem is that never happened.

I agree: it all comes down to whether they can agree a farm-out.

If not, even a heavily discounted placing will be difficult with all the convertible debt outstanding.

That's very simply because you're all underwater.

This is why people on Twitter are saying he's a paid tout.

My arguments have been consistent throughout.

Rapidly heading towards the end game now.

Scot likes to miss out the tedious formality (to him) of proving commerciality. Without that, I agree, it's a 0 NPV.

People who listen to him have lost a fortune.

You're very confused, Kevin. I have never said anyone should invest in PANR, indeed quite the opposite.

Regarding HE1, I'm actually quite positive. Just have some doubts about Noble performing.

Not sure what your problem is.

You seem quite confused, Kevin.

Delay is the worry here and we don't yet have confirmation that Noble have the money for their share.

Noble farms out, the other party farms in. I could see that party ending up as being Helium One (and having to raise extra cash).

???

Even a single digit placing is going to be tricky with that huge convertible loan still out there.

Learn to read, mlf

Per PANR's own financial statements, "the company intends to complete either a farmout and/or other funding arrangements in the first half of 2023."

Knock off the current liabilities such as trade and other payables and that's the cash gone.

Sorry if this is a taboo subject.