The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Cheers cbaron and totally understand
You mention giant leap is this of faith or financial commitment
Short term rather than end 2028 one must weigh up how much further it can deflate as an sp which typically is 10p and to improve to £1.50
All ideally as before on sentiment
Before any oil is produced I do believe it will achieve this and for
Long term with a big boy partner exceed to £2 something that is not out of the realms of reality
Just my thoughts
Good luck which ever decision you make
I take with a pinch of salt so called armchair experts but do value thoughts from the likes of olderwiser and mamaris whom have been in the industry many years
Hi cbaron. In response to your question why i believe a deal is bubbling away under the surface and how I came to this remark
1. We’ve had a ten digit deal put forward previously and it’s been rejected as not best deal for company but they still showing interest as is other companies now in talks with
2 mile Spencer a notable billionaire covering our loan notes how long has he been invested and did David bring him to the party
3 netherland and Sewell cprs thus now giving independent validation and not taking some boards word for it
4 finally jay and team have done a great job getting us to where we are now but David picking up the baton will get us over the line and he comes with a high level group of friends and I believe big hitters in the industry are watching him and panr very closely
To also relocate across the world and news offices too is a huge commitment by many and looking for a possible usa listing
So there you have it cbaron nothing solid or provable but isn’t this what we all have in common we can do our own research due diligence to 50% of our decision making in a exploration oil company but isn’t the rest going to be down to hope wishful thinking luck and finally putting your hard earned cash into a gamble until we know we’re producing
All only my view good luck all
For all who viewed video We can all take away from it our own interpretations and views
I’m Interested to hear all others and where we go from here. For my pennies worth I believe things are bubbling along under the surface with would be suitors and no intention of selling completely yet as full value is down the line in production but I do think we’re a good bet on a farminee partner and one coming out the woodwork before Xmas to push forward on the game plan for 2024 So we know we’re looking at 2000 bpd+ for improved and increased lateral at alkaid from 505 bpd which at $93 per barrel is $67 mill plus for one well gross at 50% efficiency which we know is now achievable David made it clear this can be $10 per share at 1 b and $20 per share at 2 b.
Telephone number !!!!
Mowmoo I agree but didn’t they want to achieve a greater efficiency frac now at 50% something they didn’t know and has exceeded expectations
Apart from 2 nd report from Neville sewell report due early 2024 what now is on the calendar going forward
Hopefully today we will find out
Wow up and at it on October 10 th another lovely new day so much to look forward to and we’re still at it negatively with board input and nothing of substance re pantheons work program
No reflection rabito on your post this morning
I’ve tried now over the last week to bring some form of debate or discussion in a positive way but now give up and so leaving the board now for the time being and wish you all well but please the likes of olderwiser and mamaris carry on as I appreciate your industry wise input hugely
Good luck all
Re dates and timelines. We know smd frac results due mid to end. October and netherland 2 nd cpr due first quarter 2024 which I’d say would be early part as was due end 2023 so anyone’s guess but game of poker I’d say. Who shows their hand first David or farminee partner but I bet we will know before Xmas and be at a totally different place so we can move forward with 2024 diary
Hi madman
Bringing narrative back to panr
I’m with you hoping for a plan for 2024 going forward I do think David is playing a step by step
Program and not showing his hand too Much I think with smd frac and then other results as mentioned plus netherland next cpr. Will bring on board an investor or farminee partner and so not show too much to them until a deal has been struck and they too waiting for the results A nightmare wait up and down but feel worth waitng for when comes to fruition
I agree
So two weeks in now so would we have completed revised frac and oil be flowing
Guess a flare would tell us this so looking forward to photo. So if it is a success how would this reflect on results for alkaid 2 lateral and sp. Let’s keep on topic me thinks
Thanks for your post kever
And I no the intention was not there
But I struggle with the thought of myself as I can’t speak for anyone else benefiting through the hike in oil price from such a sad state of affairs due to conflict in the Middle East and all the people it’s affecting And hurting
And wish it can come to a fast and peaceful resolution asap
My thoughts go out to all
God bless
Quick question for olderwiser if I may
With bod going for a revised frac in smd
And not a headline flow test result
How is it
Then determined if they have improved the efficiency of the frac
From original 20%. On the alkaid 2 drill to upping it to 40/60 or Even 80% efficiency
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
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