Member Info for ndmLSE

So - according to this analyses by AI we could, in a range of success cases, reasonably see from ca. 2x to ca. 9x current Market CAP

"Based on the provided information and considering a scenario where resources are partially downgraded due to typical issues in the Oil and Gas industry, I can offer an estimate for this case:

Partial Downgrade Scenario

In this scenario, Pantheon Resources' market capitalization could potentially range between £1.5-2.5 billion ($1.9-3.2 billion). This estimate is based on the following factors:

- The company's independently certified best estimate contingent recoverable resources currently total approximately 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas.

- Assuming a 20-30% downgrade in resources due to extraction challenges or access issues, the recoverable resources could be reduced to 1.12-1.28 billion barrels of ANS crude and 4.62-5.28 Tcf of natural gas.

- The company's stated objective of demonstrating sustainable market recognition of $5-$10 per barrel of recoverable resources by the end of 2028.

- Potential delays or increased costs in bringing the Ahpun field to FID and production by the end of 2028.

- The company's 100% working interest in approximately 259,000 acres, which provides significant potential even with partial resource downgrades.

- The recent Independent Expert Report by Lee Keeling & Associates (LKA) estimating 79 million barrels of recoverable reserves for the Ahpun Alkaid horizon, and Cawley Gillespie & Associates (CGA) estimating 282 million barrels of contingent recoverable resources for the Ahpun western topsets.

It's important to note that this estimate takes into account potential challenges in resource extraction and access, which are common in the oil and gas industry. Factors such as geological complexities, technological limitations, or regulatory hurdles could contribute to the partial downgrade of resources.

The actual market capitalization in this scenario would still depend on various factors, including oil and gas prices, the company's ability to overcome extraction challenges, and overall market conditions. Pantheon's success in executing its development plans and achieving its stated objectives will be crucial in determining its future market value, even in the face of potential resource downgrades."

I've asked AI to consider the latest updates on PANR resources estimates and to give me its best case Market Cap valuation - here is the answer - what do experts on this board think of this analysis?

"Based on the updated information provided, I can offer revised estimates for the best case scenario for Pantheon Resources PLC's market capitalization:

Best Case Scenario

In the best case scenario, Pantheon Resources' market capitalization could potentially reach £3.5-7 billion ($4.4-8.8 billion). This estimate is based on the following factors:

- The company's stated objective of demonstrating sustainable market recognition of $5-$10 per barrel of recoverable resources by the end of 2028.

- Independently certified best estimate contingent recoverable resources totaling approximately 1.6 billion barrels of ANS crude and 6.6 trillion cubic feet (Tcf) of associated natural gas.

- The company's 100% working interest in approximately 259,000 acres.

- Proximity to existing infrastructure, which offers significant competitive advantages, including shorter development timeframes and lower infrastructure costs.

- The potential for natural gas production into the proposed 807-mile natural gas pipeline from the North Slope to Southcentral Alaska."

Not me

You're probably right - unless the latest update proves to be true... very sceptical but maybe I'm wrong

So, I'm one of those paper shares certificate holders. I've not received a single contact by anyone to date RE CTAG. Nor I've managed to contact anyone to make them aware of who I'm and how to contact me. The only reachable address is CTAG email address, from which I have received zero ACK to any of my repeated attempts to make myself known.

So how exactly are the clowns trying to find out how to reach me?

Honestly, appalling.

For a situation like this, the easiest way forward would have been to setup a web site like done for class actions, advertise it and let shareholders submit their proof of ownership and contact info.

I really don't understand what's going on, why so overly complicated and why such an unnecessary poor communication.

Yeah, obviously a typo for 21.25pGBP, still what are you guys expecting?

The sale proceeds (GBP) / shares in issue ... at US$275million or at worst 210M£ and 988,223,763 shares in issue it would come to 212.5pGBP per share - or are we expecting the 275M$ to be affected by deductions for debts/costs/rewards (if any?) hence a lower payout?

Agree with MutleyInferno, better buyback and cash to be offset against your costs, lowering the gain for CGT - a pity the deal didn't manage to consolidate in previous tax year 22/23 where we had higher CGT allowance, although it's probably better for some of us who may have already consumed their 22/23 CGT allowance while still having a full 23/24 to leverage. The press release says "The proceeds of both transactions shall be distributed" - I read that as "each shareolder will get a cheque for her/his part of the distribution"

I've to say this RNS is not what I wanted to see today. It has obviously killed all enthusiastic trading. Quite annoying.

+1 @Scot
My readin of the situation: PANR management is staying focused on the truly important job right now, which could shortly trigger the beginning of one of the most spectacular success story in the history of oil exploration.
If you were focused on that and conclusion was imminent would you bother putting out an RNS for the ongoing SP turmoil?
PANR still do need a bit of luck, so for the moment I keep my fingers crossed and wait for the only RNS that counts.
Wish us all luck!

While your analysis is exciting, trading volume is appalling and market cap is ca. 1/4 of IPO, hence not reflecting the forward looking opportunity you detail here. Growing the market cap is the primary objective of any listed company, with that down ca. 75% I can only conclude that performance to date is terrible, with early investors obviously happy to get out of holding at a much lower value than IPO level.

Performance since IPO has been terrible and news flow even more disappointing.
Management shall really be way more active in raising the profile of IX if this has a chance to be remotely close to the IPO valuation.

Just going to copy-paste in the 3 relevant threads

It's just the whole UK market beaten up by bad inflation report. Certainly some sectors being beaten up more than others (the riskier sectors, as it's always the case).
Please stand by the original reasons you bought in PANR: it's potential Real value, which we'll only get to know in the future. Once the value is known it will be real since barrels of oil are tangible and selleable and that will determine the new MKT CAP, which will be what it shall be transparent to any market turmoil.

Just going to copy-paste in the 3 relevant threads

It's just the whole UK market beaten up by bad inflation report. Certainly some sectors being beaten up more than others (the riskier sectors, as it's always the case).
Please stand by the original reasons you bought in PANR: it's potential Real value, which we'll only get to know in the future. Once the value is known it will be real since barrels of oil are tangible and selleable and that will determine the new MKT CAP, which will be what it shall be transparent to any market turmoil.

IMHO, the only reason the SP is so depressed is in the global markets conditions. Appetite for risk is extremely low, meaning any growth stock is penalised, technology is massively discounted now since Q4'21 levels and so shall be even more risky stocks like explorers. The shift in interest rates has also made a large amount of investments shift.
I don't think what we're seeing is PANR specific. It's just extremely frustrating that we could have enjoyed much larger trading volumes and hence pronounced SP movement if the global economy wasn't going through this challenging time.

Showing in which account??? Shares are delisted, how can they show anywhere?

While I do understand they need cash to go through a potential long trading halt window for them (and others in the know), I think they could have better managed their holding and planned a way to sell sparsely in less noticeable tranches along the past months - anyway, selling by execs and directors is never taken well by the market. A pity it had to come when PANR is already suffering the general horrible global economy contingency.

tend to agree with @Christof45 - I also see this going up in the run to final flow results

Loved everything in the RNS, contents and tone. But especially this: "Our successes over the past couple of years continues to attract interest from U.S. based investors. Upgrading to the OTCQX will be an important step in allowing greater flexibility in trading, particularly for U.S. investors."