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Yes, we all know that PANR are further along the process. That’s why Pantheon share price is higher (currently).
88e didn’t drill the KUP (yet) because they didn’t need to. There was enough black stuff higher up. Don’t pretend like you’re a fortune-teller (that was always the plan dumbass).
And how do you figure 7-9x more oil next door? PANR has a large area of SMB-D reservoir and a large area of the BFF Seabee play. 88e has a large area containing layered plays (x8).
Stop acting so F***ing bitter because not only did you back the wrong horse but you lost a lot of people a lot of money on PANR (including me)!
Personally (and I’ve been wrong before), I think DC is too legally sharp to allow a low-value takeover whilst he’s not looking.
Far mor likely for the company to prove actual value and then to broker a buyout, either of the whole group or of the individual companies.
In my humble opinion I think we will see a steady rise in SP into the Summer and then possibly organised buyout news after a few of the KFLEX events have happened.
I don’t think anything drastic will happen for a few months.
Neil, by value I meant SP.
At this stage, I don’t think the SP of each company is going to move in different directions. I believe both companies will be successful and the SP of both (and therefore market cap) will increase. The way some are talking on here, 88 SP will only increase if PANR fails and vice versa.
In fact, the opposite is true.
I would insert a benign analogy here…but that would be patronising, wouldn’t it.
Hamspring, I’ve filtered him now too.
There seems to be an awful lot of “us vs them” talk on both boards lately. This competitiveness seems a bit ridiculous to me.
Because if Pantheon is successful it will boost 88s value and if 88 doesn’t have oil then Pantheon also doesn’t have what they think they do.
They will either both be successful or they will both fail.
So to argue and fight each other seems a little silly to me.
Let’s hope both projects are successful. They would make a great package deal for a buyout. ;-)
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1817 Yeah, we remember last year. We remember finding layers of top quality oil that we unfortunately didn’t get chance to fully assess. So last year we were drilling on the hope we might find something. This year we are drilling, fully aware the oil is there.