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Directors Deals for Pantheon Resources plc (PANR)

Announced Traded Action Notifier Price Currency Amount Holding

27-Mar-25 26-Mar-25 Buy Linda Havard 70.40 GBX 21,000 118,559

27-Mar-25 25-Mar-25 Buy Jeremy Brest 69.18 GBX 1,084,929 3,849,679

500m÷1.5b approximately 333 USD per share please correct me if wrong

Why would they apply for the mining licence then

You wouldn't apply for a mining licence if it wasn't commercial would you just a matter of waiting

Https://www.proactiveinvestors.co.uk/companies/news/1055300/diversified-energy-discusses-410mln-acquisition-and-2024-strategy-icymi-1055300.html

From the RNS

The initial programme, which has been funded by the capital raise, will require the drilling of six development wells which are planned for Q4 2024. Once these are complete, it is forecast that the sale of He and CO2 from these initial wells, will generate sufficient cash to fund the drilling and tie-back the remaining nine wells

Of course it's commercial other companies commercial at far less flow. They might have issued more shares but then the company's worth more because they have more assets he1 will huge

What if the Tanzanian government were to develop their own refinery . there's noble as well as us so could do both . Then there's the hydrogen as well plus anything else they find

Or number 6 a tile could fall of the roof as you come out of your front door and you are no more.stop being worried all looks good to me.

IT is commercial other companies working on much low % ours is 4.7+

Let's not forget the 2% hydrogen this will be in great demand soon as a lot of manufacturers are changing over to hydrogen engines

Confirmation of Secondary Laboratory Results are in the. Update rns confirmed as being same as one site test

If it's coming to the surface at 4.7% flowing by itself then it must be commercial this could be a lot higher when they drill deeper others are making it pay at 0.35 percent

Https://www.proactiveinvestors.co.uk/LON:DEC/Diversified-Energy-Company-PLC/

All placing shares were sold and it was over prescribed they know what's coming

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Helium One Global discusses project plans post-fundraise - ICYMI

Published: 11:00 22 Jun 2024 BST

Written by: Leo Grieco

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Helium One Global Ltd

AIM:HE1

OTCQB:HLOGF

Helium One Global Ltd -

Helium One Global Ltd (AIM:HE1, OTCQB:HLOGF) boss Lorna Blaisse sat down with Proactive's Stephen Gunnion to discuss its most recent £8 million raise, addressing the uses for the cash, how the projects are expected to evolve because of it and some of the shareholder discomfort regarding the pricing structure of the offer.

Stephen Gunnion: So, Lorna, you successfully raised £8 million. Great news. Can you give us a bit more colour on this?

Lorna Blaisse: Yeah, sure. It is really positive news for the company. This £8 million will enable us to move forward into our phase three operation, which is the execution of that all-important extended well test on Itumbula West, to move us into the next phase of development. It was a difficult raise. I appreciate that a lot of shareholders are understandably quite disgruntled for various reasons. It’s quite a complicated process, but we were not in a position to dictate the issue price for the placing. It was always our intention to offer to retail from the outset, but unfortunately, we were precluded from doing this in the process.

We are not comfortable with it, and it was certainly not our original intention. We didn’t want to raise at this level either, but that is what we had to do to get the funding. It’s important to the company that we progress and move on with the next phase of the operation.

Stephen Gunnion: Lorna, what will the £8 million fund primarily?

Lorna Blaisse: The primary focus is on the all-important extended well test for OS, following the success of that well flowing 4.7% concentration of helium to the surface. The purpose of this extended well test is to ultimately prove up commerciality of the prospect and the project. The funding will also go towards the completion of the feasibility study that’s currently underway and will integrate all of the results and ongoing technical subsurface work.

That feasibility study, along with the issue work, will be submitted to the government to enable us to apply for the all-important mining license application post-results, which will enable us to advance into the development phase.

Stephen Gunnion: What’s the extended well test expected to deliver, Lorna?

Lorna Blaisse: The main focus is to effectively demonstrate commerciality. We will be drilling slightly 100 to 150 meters into the fractured basement play, which we believe is the primary play type here. Once we’ve drilled a little bit deeper, we will commence the extended well test itself over several intervals.

The extended well test is done over a period of days and weeks, unlike the usual stem test that was performed in the phase two operation. This will enable us to determine longer-term flow r

Net cash balance at 31 December 2023 of US$8.7 million + 4.7m raised January + another 8 million that's around 20m raised

This must last them for years or to production

If the placings shares have already been brought why will it affect the share price. Why would they sell when it hits the market when they know it's going up otherwise they wouldn't have brought them in the first place

Net cash balance at 31 December 2023 of US$8.7 million + 4.7m raised since. possible JV. could also let out the rig no cash needed.could also per sell the gas.the 5.3p is there valuing for now and 20p when things get going . could be quicker than some people think

Net cash balance at 31 December 2023 of US$8.7 million + 4.7m raised since. possible JV. could also let out the rig no cash needed.could also per sell the gas.the 5.3p is there valuing for now and 20p when things get going . could be quicker than some people think