Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Are you 2 the same person Older? Both make ridiculous claims and back each other uup. Hmm
You're the last person I'd ever take advice from Older, especially when it comes to trading 😂
I don't know what's funnier - the fact the bears think we can't see that they are full of it, or the fact OlderWiser is acting like he knows what he is talking about 😂
Sorry;
*Complete time waster
If we keel reporting this Ikhan guy maybe he will go away. Time waster!
@Ikan btw - not you Alan
Grow up mate.
Why do you keep saying tomorrow? They told us by EOW, last time I checked Tuesday is not the EOW!
To quickly highlight the positive reports so far;
-Recent news report confirming that they should be expecting results this week.
-No reported failure of any equipment.
-Buys flowing in today even after the announced delay.
-No sell off on last nights news.
-Promo video showing us their camp and how it the project works.
-Mention of Pantheon in a news report.
-Pantheon's CEO giving us a vote of confidence.
-Passing all stages of failure based off our previous attempts.
-Expecting the upper SFS result this week.
-Expecting the next result within the first 10 days of April.
-They have until April the 14th to get everything done.
They are delayed as we all now understand, and they gave us a solid reason as to why. Nobody could control the weather. Had they rushed it out of desperation in -50 degree's then they could have ruined the whole project. They didn't. Took their time and now we are due results this week on the upper SFS. For a company to promote (the video) and recently encourage their flow test results means that they seem confidant that it will deliver for shareholders. If they had any notion of it failing, they would have either told us that last night or waited until the Easter holidays to cowardly announce some form of failure.
88 have indicated that they are "looking forward" to sharing their results "this week" with shareholders.
IMHO they are close to pulling this off and delivering good results, based off their wording and all of the above. I would have loved to see 4p (still possible of the results exceed expectations) but I firmly believe we can reach 2p off the back of the 1st Flow-test, and if the second is good, we could aim for that 4p during April. If we are very lucky, people will slam the buy button after the results of the Upper SFS and we could get a classic pump and sell the news/continuation when they drop their second report at the beginning of April. God's speed 88!
*leading into
A load of buys coming through on level 2. You'd half expect the SP to start rising soon - could be the beginning of FOMO today. The next two days are vital, if we get above 0.0030p we should be in for a mad Wednesday leasing into a potential RNS of results that night. Personally, I can't see them releasing anything over the 4 days of Easter when their own market is closed!
Plain and simple from the company. Back on schedule after a delay due to the weather, expecting results from the Upper by EOW (Thursday imo due to ASX being closed for 4 days) and the next Flow test during the first 10 days of April.
Nothing more to really get upset about. We all wanted an update, and we got it.
Now let's hope they find more oil than expected so we can bump it up a few penny's!
Desmond, just give it up mate. It's becoming embarrassing for all of us to continue to read your nonsense 😂
This week will be all FOMO. Nobody knows the exact date of results. EOW could be Wednesday night here (last trading day in Australia before Easter) or anything before!
They announced March, not April which is next week!
If you are looking go buy in, the time is now ⚔️
We all knew there was a delay. The fact the have announced results this week, to me, indicates that the results will be a success. The reason I'm optimistic, what company would send out a promo video, bring in their "competition" (and have Pantheon speak about them in an interview) to analysis their well, send a Sunday night RNS informing shareholders that the results they are anticipating is classified as "great news" and not deliver anything negative IF... The results are going to be bad?!
That would be the end of their company if after all this, they couldn't deliver!!!
This will be a fookin monster IMHO!!!
They have played it so well. Now let this week bring in FOMO and let's wait until the good results by EOW!
Hold The Fookin Line ⚔️ ™️
a lot to comment on here...
1. the snow and clouds cover any potential heat map from a small flame as stated on the reddit post.
2. that poster claiming he has an email from the company regarding an update (vital information which would affect the shareprice) is full of ****e. he can't even back it up.
3. 88 themselves have stated there will be results come march 2024. they are a bit behind so be it, and have not given any indication of a serious delay/issue.
4. people on reddit are 100% not a trustworthy source. they company are.
this coming week, we will get results. not updates from a guy named after a pokemon geodude who claims to be driving by everyday, taking photos of their fence outside the site.
19B OS and we achieved 2.5p on speculation, why can't it go above that with now 2 successful flow tests?
I'd say 4p is reasonable for what we would have if both tests are successful, imo!
13:10
Why are we only expecting 1.5p out of curiosity? I understand the amount of OS is higher than the past few years, but if we managed to spike without any solid results to 2.5p (and above) - then what holds the SP back from going to those levels or higher with actual commercial oil?
As far as an r/s goes, the company have told us it won't happen during the testing period!
Nobody knows to be fair. They may have already completed the upper SFS and are waiting to announce both at the same time. Or they could be waiting to send out the news of the upper this Sunday, after already starting the next frac so we can strategically have 1 whole week of FOMO. Honestly we are only guessing at this stage. I do believe the results are good though. There is no way they would be making promo videos, telling us about Pantheon AND having them call us out in their own video if the results were negative!!! GL!
Thank you brother and the same to you! Hopefully we can pick you up one day. Remember, this is only the beginning for 88. They still have Texas, Africa and another well in Alaska 🛢