The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Scott is a bagholder or someone who sold for a massive loss previously. Guy is delusional 🤣
Well, we definitely have oil, and we are definitely looking to proceed as a company! The fact the ASX have not even moved yet confirms to me, that those donkeys are still trying to figure out how to boot their desktops - let alone figure out how to purchase a stock!
What kind of morons don't understand that it's so low rn, to get in at this SP will make you a bucket load of cash?! Oh well, their loss! LSE and the US will bring it up this week! I'm 90% sure the ASX have just figured out how to log into their profile account last week!
We have oil people, time to celebrate 🥳
Iijr -
You're under estimating the power of the force young padawan. This will be in the penny's this week!
Rabito, Pantheon is only operating in Alaska. 88 have Alaska, Texas and a monster in Africa. They just needed this result to fund those. So Pantheon actually have a lot less resources than 88 Energy have in the long run as of now! Correct me if I am wrong, just going off their own website projects!
The real question is, which flow-test will produce the most amount of commercial oil?
The upper SFS which is new and unknown, or the SMD B which we know Pantheon have already had success in prior to 88 😉
Bains, you ever light a candle in the wind outside? I suggest you give it a go! 😉
Sorry Taximan I meant SMB B and Upper SFS. I think B will be priced in to the spike should the Upper SFS come good. I can see it spike, stay stable from Tuesday to the second flow test, then sell off until the next big announcement. I hope it stays up but the second flow test announcement (B) could be a classic sell the news type of event, should it spike above 2p this coming week. All my opinion, just basing it off previous penny stocks!
I'm in two minds Musk. I think if the first flow-test is good then the second one will already be priced in on the spike. We all know Pantheon have tested the SMD and found oil, so if this new Upper SFS exceeds expectations, we could get the majority of people buying in for the second the following week on Tuesday. Just my opinion as it could go either way!
I don't think people are selling tbh. Looks to me like pure manipulation TO GET YOU to sell! Who in their right mind would sell this low anyway, even better, who the fook is in this low to sell?!
What will they try and do I wonder? Will they attempt to sink it here, buy in on another ticker (Probably America on Monday) or will they pump it here last minute - or will they do fook all?!
Holding through it all, I think we will have oil!
I'm 90% sure that a 12 year old has access to their parents LSE account with Ikhan - the guy is lost 😂
0.002 if bad on the first one. 0.02 plus if good come Tuesday. Remember, we now would have commercial oil, and the second flow test is much more likely to be positive because Pantheon found oil there before!
The plus 2p could come should people buy in on the fact #2 is already a positive!
Agreed RP2 - that was the best extract from their RNS today. No signs of negativity and they seem fully confident on their findings so far. All we need now is the flow-test results to confirm it all.
Hopefully the Yanks will ramp it up come Monday, then they will drop a positive RNS that night!
SRBS - why the end of April? Don't you mean March? As they are going to be gone by April the 14th anyway.
Slept on it and after reading the annual report, it's only fair to hold over Easter and see what they can deliver.
Can't give up on them now, especially after waiting for over 3 years.
GLTA!
**infuriating
Thank you HSG, agreed it is still early. It's just infruiting because if you remember what they did to us last year, it is starting to look the same again! I hope today it doesn't drop to the low 20's based off the lack of results. Otherwise, it's a long journey upwards! GL!
I am 100% in, and will hold until they announce none the less, I'm just furious at the fact they told us EOW and have yet again fooked us over! Listen, if they come out today with results then fair play, you'd expect an open market RNS would be only positive! But if they pull a typical 88 and drop bad results over Easter then they are 100% losing the majority of their shareholders!!!
And God bless Taximan - I wish you and your family all the best, very sorry for the loss 🤙
After putting so much trust and money into this company, have they actually fooked us, AGAIN?
Unless they come out with an absolute gusher of a finding next week, there is absolutely no excuse as to why we have not received results tonight! They literally said by EOW. Now ASX is shut tomorrow, and we are shut Good Friday too - so this better be an absolute monster if they are willing to hold out until April!!!
Proper gutted as I truly had faith they would deliver tonight! Hope is still there but comon guys ffs, give us the news we all have been waiting for!