Member Info for Peakybrum

Thanks for sharing adz

Looks like frac may be completed and oil showing

Maybe mamaris or olderwiser can advise on this

But love seeing a flare

As for so js we all have our own individual ideas on this but sure most long term holders know it’s been to £1.50 and can easily exceed this in the shorters

Mamaris mentioned in week he had spoken to Dave Hobbs and all was going to plan would live to know when we apply for permission to tap into taps pipeline be a massive boost to Company

I think once we start the first steps to his production plan we will see significant rise in bigger player investors and banks

A good game plan would be for holders of large portfolio would be to sell some at different levels as it rises which I intend to do take some skin off the table

Keep the faith sprout I’m feeling it with you

As one posted we were at £1.56 last year without any of the good news we’ve had now and pushed forward with plan

It will get back to that

Patience bit of a cliche but there you go

Also if I may add one final point. A billionaire building a large stake and David Hobbs buying millions of shares also Shows me what has been said many times just follow the facts there all there to read in old webinars and rns releases

I agree nice to get back to company plans and going forward

Mr Spencer whom has now acquired plus of 50 ml shares or similar must be sitting on a very tidy profit I would think and so I would imagine next round of loan notes due he will step up again now a tr1 has been released he can invest or build his holding significantly

Lots of posts on here and mostly great and informative and nots let stop them as they help

Me see a different perspective

But I do think David has a great game plan afoot and jay is letting him totally run with it

Bringing in new members etc

Small point i mentioned a few weeks ago about the announced roadshow and was told it had already been held at the Calgary event but I thought it was an independent roadshow by us and potential investors

Can anyone enlighten me at all

Good luck all

Sprout maybe drop is the same reason we had a 20% rise the other day No reason !!!! And mangrove are still in with their short position

Sprout

Thanks for advice mamaris

Filtered him

16.03

My apologies Louis for confusion

The $150 m is initial investment needed to get 1 st wells up and running and infrastructure plus tie into taps and being self sufficient

The 50% figure of farm in was not as a reflection of company value but of giving no more away on a farm in than 50 % or less at a value I would imagine of no less than $1 b.

I know youl object as valuation at mo is around 200 m plus but it’s all about oil in the ground and buisness plan in my eyes

Does this make better sense

Hi Louis

Thanks for reply post to mine earlier

Not being in the industry but now a substantial holder of shares I enjoy trying to understand and educate myself with both panr and the bod and their objectives and many on here in the industry have provided and still do posts understandable to the likes of myself and others I’m sure to which we’re all grateful especially mamaris olderwiser etc

All on the board are not going to be positive about things like yourself and I understand this but you must back this up as to why and produce figures and so make your posts and position on the site relevant

I like your posts when not personnel and find them amusing if nothing else

Good luck with your investment if you do have one and if you do begs the question

WHY. !!!!!!!!!

So here’s hoping to a refined frac giving. A greater efficiency of at least double to 40% and even hoping for 60 or 80% even

Obviously will achieve a positive effect but how much and how important would this be to attracting investment and to the company

Would be nice to have some form of diary to when we need first tranch of investment and to be used for what

After smd we then looking forward to netherland alphun report around first 3 months 2024

And thereafter???????

Thanks mamaris for earlier post and seems you have David’s ear and it’s comforting to know his bringing to the table some big hitters and I’m sure 3rd parties are watching very closely at panr and wondering when to make a move with so much interest being shown

Good luck all

My mistake Louis re production test

Thanks for for such gracious put down

One day When I grow up I wanna be just like you !!

See88 share price on the move good luck too them and their soon drill

Can only be shared good news to both companies

As jay mentioned were more than happy to share info to help them and hopefully Them us more than enough oil to go around 2 heads better than one

I’d be more inclined to view a similar deal of oil search and Armstrong at $3.10. Per barrel recoverable few years back

At a market price then of $50 approx per barrel

We’re now at $90 plus with taps and dalton within view of our field so minimal infrastructure required and costs to extract and bring to market minimal

So netherland coming back with next cpr at approx 500mmb totalling 1.5 b farming out 10% = 150 mmlb at same $3.10 so $450 m. To push on with plans

Does this seem realistic ???? And in line with oil searches figures and present market sentiment

Good idea

Let’s make all posts now about the company and not any 1 individual or deramping site

So bringing it back to panr and relevant conversation

As we need to raise at least $150 million start off funds to get to next level

What would be the pros and cons of raising it with 1 1. partner thus giving a percentage of company ie 50 %.

2. Or percentage of barrels retrieved. 1.5 billion

3. Or finally a dilution and fund raise to the markets

All Thoughts appreciated

Are to expect some form of press release mangrove are closing their short poisition

Whilst waiting for next news killing time who’d agree with my figures below

1.5 bbl. X. $7.5. Per barrel.

( David’s stated $5-$10 previously so going middle)

Total. $.11.25 b. So. £9.23b Resource value

900 million shares now and allowing double through dilution or farm in 50% so 1.8b shares total

To summarise. £9.23 b. Divided. By. 1.8 shares

£5.13p. Per share

Happy days

And by Jove I think Dave the lad can pull it off

Wti knocking on that $100 a barrel door baby

Makes adding up 1.5 billion barrels value at $100 a barrel really easy

Thanks blackadder. Yeah I did see that. Hope we gained some attention by it

Sorry rose bank field North Sea