George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Kever, I have pulled up shareholders before for posting misleading information. I have commented before about James Simon's misuse of the term reserves for example. Predictions of share rises are the same as predictions of share falls, neither bother me and people are entitled to make them.
You however are the only person I have seen saying they had heard inside information about a placing and indeed acted upon it. This is a whole different thing as you are well aware.
It's a fact Pantheon have said they will try and avoid dilution, it's also a fact they were close to a farm out deal previously as stated by the board.
Kever, the main disdain for you likely comes for you spreading false rumours a placing was inbound from 'a very good source' on your since deleted post on the 9th December. Opinions are one thing, spreading fake inside information is another.
Kever, on a risked basis it's correct that Pantheon have acquired billions of barrels given the ~10B OIP and the 90% and 60% geological COS. Further Pantheon believe the Kodiak resources meet the threshold of contingent (I.e. discovered).
A few years back I did a comparison on Pantheon assets to the Pikka development, yesterdays announcement allows us to again compare our assets against Pikka in respect to IRRs.
As per Santos's press release at the announcement of FID, Pikka phase 1 was forecast to deliver at an '19% IRR at US$60 long term oil price
https://www.santos.com/news/santos-announces-pikka-fid/
During yesterdays presentation, about the 49.50 mark, David Hobbs was asked ' what's the lowest price at which the Aphun project would remain commercially viable for FID. To which he answered 'I know from the modelling we have done, on the basis of the minimum type curve of a million barrels starting at 1500 barrels per day, you would get down to a around 20% rate of return post tax at around $65 for ANS. If you use our best estimate case the number goes down into the 40s. If you don't need to drill as many injection wells because there is a gas offake then that number could even start with a 3. But it's too early really to get into flexing about how resilient to low oil prices we are, until we are further along the way in terms of development planning because in the time being we are stress testing at the technical level rather than planning for what's the minimum oil price.'
Whilst of course we should take heed to has last comments but it's interesting none the less that the Best estimates get us well past the Pikka IRRs at time of FID.
As a reminder the best type curve is is based on the work by SLB, with best meaning best estimate opposed to best rates/EURs that can be achieved. See note from RNS.
Development studies by SLB indicate an alternative type curve for the Alkaid horizon substantially in excess of Pantheon's base planning case estimates. Utilising this analysis, Pantheon has created a best estimate using an IP30 of 2,700 bpd and EURs of 1.65 million barrels. Improvements seen in the shelf break horizons in Ahpun and the updip portions of Kodiak would see rates and volumes comfortably exceeding these.
Monet2, yes I think our chat has ran its course. Other peoples tweets are all he has come up with. Makes you wonder if that's all Jim's paywall is, someone said something bad on Twitter exclusive.
He probably believes in OilMutt's secret Theta West P&A too, I mean he tweeted it so it must be true. I actually take real confidence in how poor the bear case has been. Louis10/Cat33 and Oilman Jim are just another example of this, one of the worst examples.
Not really Jim, as like you there was absolutely no evidence of him being threatened. He tried to turn a humorous tweet by David Hobbs into a threat. What it does confirm you think people saying things on Twitter is some sort of proof. Desperate stuff
Louis10, I am afraid you are factually incorrect again. If you search Stahel's tweets for any references to @scot126126 you will see there was only one Twitter thread were they were linked and there is no abuse directed towards Stahel.
https://x.com/burggrabenh/status/1529830677042053123?s=46&t=hyOeVfXKS3i6BHPaKYneWA
The next reference is when Stahel first mentioned the faked dox name and copied Josh Young, Fraser Perry and Viceroy.
https://x.com/burggrabenh/status/1573767363681521668?s=46&t=hyOeVfXKS3i6BHPaKYneWA
A similar story if you search Josh Young's tweets. There is no evidence to show Scot was the aggressor, indeed the opposite appears true.
Wow, that's it, that's your theory.
So certain they required falsified documents to support their narrative. Just like you need to claim there's not been flow tests, Hobbs is a 'cleaner', experienced companies eschew shale.........
It was a short and distort, clear as day.
I remember you claiming Jim was always right even though he missed the 700% rise and your last prediction is currently 300% off. Yet you shout about Scot's 90% drop.
Night Jim
Boom.boom, it will not be economic to drill a horizontal well post the vertical flow test as a means of generating cash. PANR have already indicated that the costs of trucking and going through 3rd party facilities are prohibitive. That's why their strategy has been updated to build a Hot tap into the TAPS pipeline with a smaller production facility. 88e will either need to follow this approach or wait and possibly tie into PANR facilities.
Why did you communicate with me on the CHAR board then? Jesus you do know people can check posting history don't you.
Most on here will know Olderwiser I believe was previously a 88e holder and posted on Hotcopper. Oh my god an Australian, we know where you will go with that one.
I hold other shares also and indeed have traded 88e in the past.
Night Jim.
'88e do not have any debt to their name and a higher chance of a discovery'
Interesting comments ShareGuru, speaking of credibility do you understand what Chance of Discovery is? Pantheon have flow tested all their main horizons (BFF/SMD/SFS/Alkaid and even Kuparuk) yet you think 88e have a higher chance of discovery. Kodiak has already been assigned a Contingent Resource estimate, which literally means discovered. Can you therefore clarify?