Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
All IERs/CPRs are paid for, that does not diminish their independence. I my time in the oil industry I have never met anyone working for free, OMJ may come close mind you.
David Hobbs held ~1.7M shares prior to joining the board, I would be surprised if his Pantheon wage to date surpasses the ~£160K he has spent on his recent purchase.
Also Michael Spencer by my reckoning (from last disclosures) owns about 38M shares (4.2%). Any significant flip would have likely taken him through a disclosure threshold.
If your or Stahel's/Perrings arguments were strong you wouldn't need to add in the unsubstantiated claims of fraud. Pantheon have put significant detail out there regards their calculations on commerciality yet all we get is it's tight or it's fraud. This is the reason most people talk about you, because you claims of fraud, cleaners etc are both farcical and deceitful in equal measures.
I understand people frustrations with my responses however I believe his unsubstantiated should be challenged. Plus it's made my time at the trampoline park waiting on my kids pass faster.
Louis10, I refer you to the Lee Keeling Associates IER. They deemed Alkaid commercial as a stand alone project with ~75MMBO (pre Alkaid Deep confirmation).
Most other bears just say it's tight and it won't work. Really lazy stuff if I am honest. In fact the weakness of the bears arguments is a real vote of confidence IMHO. Most like you, OMJ, Stahel and Viceroy have been reliant on unsubstantiated allegations of fraud.
Commerciality of tight oil plays is literally a specialist subject of David Hobbs as evidenced by his co authoring of papers on the Subject in his time at CERA and KAPSARC
Unlike you he has put his money behind his beliefs.
https://www.kapsarc.org/wp-content/uploads/2016/09/2016-012-Kleinberg-etal_MIT-Center_Hobbs.pdf
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/43227/1296-ihs-cera-special-report.pdf
Your accountancy may be perfect but your abuse of statistics is questionable.
19th October 2019 when the share price was 17.9p OMJ stated 'This isn't really a surprise to those who follow this company, but how an earth does it continue to hold a £90million market cap? The most interesting is who supports the share price of this company and why?'
So claiming OMJ has called this right from 140p down is utter tosh. He missed a 700% rise on the upside and can claim a ~90% win on the downside. Pantheon is still in positive territory since this post.
Your own latest prediction was single figures by the end of September. So Louis10s record come the end of September, if the share price holds here, will be being on the wrong side of a ~100% rise whilst at best claiming a ~50% win from 50p downwards.
Oh and on the 'none have confirmed the business plan/strategy is viable', LKA's IER for Alkaid gave a contingent resource estimate of 76.5M barrels of recoverable with an estimated NPV10 of $595M. These numbers will obviously need updated to reflect latest Alkaid 2 results. Individual EURs may have gone down but CAPEX costs will likely be shared over a larger resource number.
Looking forward to Webinar on Thursday.
To clarify by 'bigger picture' Louis is referring to a mysterious organisation called 'the group' who hired David Hobbs as 'a cleaner' so nobody gets into trouble. If you read OMJ's book you will no doubt learn all about how to make up unsubstantiated nonsense like this whilst claiming you only post facts.
I'll start you off Louis.
David Hobbs is a 'cleaner' brought in to make sure nobody gets into trouble.
Scot126 works for 'the group' and isn't posting because his job is done.
Oh and on the back of these, your claim you only post facts.
'All being misled by the crew here that the company has recoverable reserves.'
Louis can you point out who 'the crew' are? Are they the new 'the group' who have finished now given Scot 126 no longer posts. Also can you point to one post today, apart from your own, that mentions the word reserves (P.S. I have looked there are none)
Indeed cbaron, I think Louis10 has found the level of debate he is looking for. Perhaps he can persuade them that David Hobbs is a 'cleaner' and Scot126 will never be seen again as 'his group' are finished. Let's just hope these guys don't have Twitter (where Scot is posting again) or have seen the RNS about David Hobbs share purchases. Thank god he only posts facts.
Exactly McAdder, whilst it's okay for Louis/OMJ to make the defamatory comments about Pantheon's board, it's not okay to pull them up on this and ask them to support their completely unsubstantiated claims.
Hi Louis I can provide a picture of Daniel Day Lewis to substantiate my claims if you like.
Unlike me you have not stated which claims you want me to provide evidence for.
I am being quite specific, evidence for your claims David Hobbs is a 'cleaner' please.
Hi Louis I can provide a picture of Daniel Day Lewis to substantiate my claims if you like.
Unlike me you have not stated which claims you want me to provide evidence for.
I am being quite specific, evidence for your claims David Hobbs is a 'cleaner' please.
Unfortunately this noise has exaggerated the declines following the ambiguous Alkaid 2 results.
Louis apologies your comments where one of the 'very few talking sense here. I have no problems correcting any posts which are incorrect.
Now you as per your post on at 16.46 saying 'facts only'. Can you provide facts or evidence behind your 'cleaner' claims.
Agree PP1, it's worse when 'others' reinforce these outrageous statements on chat boards without any evidence. The irony that those making unsubstantiated claims about illegality have the audacity to accuse others of being impolite. It's a shame politeness doesn't stretch to supporting their 'outrageous claims' with evidence or facts.
Peoplepower, I think you may be wrong again. I don't believe OMJ has ever had a position in Pantheon, certainly not one which he mentioned, likewise Louis10. OMJ was negative on Pantheon all the way from sub 20p to 150p. I have posted links to support this before.
Peoplepower may be polite but he is also incorrect. OMJ Twitter 6March. 'I have been warning about this scam'
There are other blogs where he has insinuated fraud. Whilst you might find it okay for people to make claims of illegality without evidence I don't. I am sure you would welcome Louis providing any evidence for the claims he is making, or are you happy for bloggers to go round making unsubstantiated claims about shares, indeed charge people for them.
Peoplepower, let's be clear both OMJ and Louis10 have made insinuations of fraud and illegality on behalf of the PANR board. The latest being David Hobbs, who has just bought £160k of shares is a cleaner brought in to hide wrong doing. These claims are totally unsubstantiated hence my request for any evidence given that Louis10 claims he only posts facts.