The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
1. Thank god for that your a fellow shareholder that makes us family lol
2. Why the fxxx you holding shares in such a shxx company
3. No I’m not olderwiser if you track back youl see I’ve had numerous conversations with him and appreciated his industry wise opinions and knowledge
*** packet figures
2 billion barrels. $5-$10 dollars
not incl extra acreage or oil in place usually 30% not the 10% quoted
low case $5. =. $ 10 billion
=. £8. billion english
800 mill shares dilutes to. 1.2 mill raising funds £100 mill to push forward
so approx£7 share
defo happy with that
any thoughts
I think the way this board is going this
May Be my Last post for a while
Very sad to see it disintegrate into it seems a dogfight
For what it’s worth I would like to see us drill first 10.000 ft lateral on alkaid off our pad we have now produce a decent income and invest totally into a production well at theta
The field we’ve been told is th e holy
Grail, largest find in the world on land last year
Get this over th Elaine and then skies the
Limit
Enough talk now and we need a plan and datelines
Raising the funds doesn’t seem a problem as double subscribed last fund raise
It’s proved to be there let’s prove we can get it out !!
Any thoughts
Louis
I gotta take my hat off to you for one thing
After Having done a little boxing in my past I have to congratulate you on no matter how many come at you for whatever reason you do still keep getting up from your chair and fighting your corner
For good or bad
But please answer one and only one question for me which I’d deserve a straight answer
Are you a shareholder in pantheon and if so in your minds eye a significant one
Please have the honesty and integrity to answer me truthfully
Sad to see so Many more negative posts on the weekend again
Nothing constructive or helpful to investors here
Main words being “. investors board “
If those not invested why are they here and posting and if invested why would you being negative to a company you’ve chosen to invest in ???
A point is like to touch on is the schlumberger report and forthcoming netherland and Sewell report and the importance both now have without a suitor coming forward to farm in or buy out
I’d imagine the onus now on both reports is for David to use to help raise the funds needed from institutions without the need for
Further dilution as covered in his webinar and share talk chat
Any thoughts
I personally don’t think we’re still going to be around for the 3-5 year game plan predicted by David and realistically I don’t think he or jay do either
We’ll have been bought out lock stock and barrel
Would have been nice to know the type of offers made and if we were at all close or miles off ???
Morning all
Reading advn site and olderwiser your appreciated posts
I’d like to add one item
With Neville Sewell report due out during July and David hobbs plans to go forward Independently with a 3-5 year program and now being taken seriously re this
I feel with several low ball offers refused made taking advantage of low sp these will either be re-examined or adjusted or a full offer being made for the whole company
Whilst still being realistic to them at this stage than the projected $5-$10 being quoted by David hobbs recently
Just my thoughts
Thanks to Jlite from me
Great post
Sad to read your final point re jay and he has done a good job to get us where we’re at
But we do need a hard nosed oil
Man to take the reins and lead us to next level And as jay admitted alkaid 2 problems we encountered included not
Being able to access plant and machinery when we needed it
David might with his contacts counter this problem and command the respect his experience demands
Without taking anything away from jay but maybe time he enjoyed his retirement and still retain a less demanding position on the board
Final question where was Bob ??????
Thanks olderwiser for your post
So much negativity and over analysing of late of pantheon
But by contrast and any form of president set
I can only compare prudroe bay as any significant other size field like theta and the deal Armstrong struck with oil search at per dollar a barrel
This deal keep in mind many years from production and many miles from taps
I agree with you the market has got this wrong and in not too much time this will tell
Good luck too all who ride this rollercoaster
Sorry just a final point
I take it data room is thus closed or redundant and without being negative didn’t think jay wanted to still be sticking around for another 5 years guys gotta be nearly 80 now
Where’s being largest on land oil find in 2022 get us
Not meaning to be negative I’m really not but finding it hard to show a positive spin on things to my wife who’s been very patient with my investing in pantheon
Thanks sue for posting
So no Bob today but couple of new boys
Not being in the industry I think all I can take from that is we’re out of exploration game now and going into production
Over the next 20 odd months with 30 wells in the alkaid area or pad already there
After first few where then self financing from earnings
Hope I got it right
Anyone any thoughts
Neville Sewell report hopefully help us go to banks to raise some initial working capital for first few wells then we’re off and running