Member Info for Scot126

HTTps://x.com/Scot126126/status/1890160169272930614

The thread was aimed primarily at potential new North American investors but it might provoke some discussion, I suppose. It's *not* advice or an exhortation to buy/sell/hold. If you don't like it, just delete it. I won't be offended in the least.

09:38

Hiya Brom - in recent RNSs and Qtrly reports we've been informed Burgundy Xploration is preparing to IPO on an exchange "in North America".

1) You've stated previously that "management are very quick to reply to my queries". As the forum's most prolific poster, what did 88E management say when replying to your query asking which exchange in North America Burgundy was planning to IPO? Please share their answer with the forum.

*If* you didn't communicate with management on this most crucial of fundamental matters to the future health of the company, why not? Are we to infer that 88E management ignore your queries these days? Or are we to understand that you're frightened by the reply you may receive because, like me, you have searched for Burgundy's Intention to List paperwork and couldn't find any evidence of same? Ie. there is no Burgundy Xploration IPO.

2) If, and I repeat if, Burgundy does not meet the 15/2/25 deadline because it has not been able to IPO and raise capital in the period, where does that leave 88E? Being the forum's most prolific poster (27,500+ and counting) I presume, like me, you have calculated 88E's investment obligations in Namibia, and Alaska to a lesser degree? Will you confirm to your many loyal readers on this forum that 88E will be unable to pay its published obligations at some point within calendar 2025? Do you agree that 88E will either have to sell assets at some point in 2025 (Longhorn is the only asset with any tangible value?) in order to remain solvent, or the company will be compelled to raise more highly dilutive equity capital?

I feel really confident that you'll do the right thing, Brom, and will share with the forum your honest assessment of 88E's health. Good stuff. Look forward to your reply.

12:07

I almost fell of my chair when I read Brom's post timed at 12:07. How this guy thinks it's at all appropriate for him of all people to comment on another poster's fairly blatant attempt to manipulate folk into trading one way or the other is just head-scratchingly amazing.

This fellow Brom was the cult leader of the SN's forum on lse. Check out the SP chart of the SN in 2021. Dear old Brom only told his fellow forum members, the daily consumers and *targets* of this 27k+ poster, in August that he'd sold his shares into the spike in Mar/April. must have slipped his mind, eh?

I will try to make as many PANR forum members aware of his duplicity as I can. Consider yourselves warned, very warned!

11:22

Hiya Brom - happy to educate you that Enbridge are very much working *with* Glenfarne and are *not* competing against them.

Sorry to hear this is the first time you've heard of Enbridge being associated with the Alaskan LNG project. Their association with the proposed project goes back at least a decade. Their name has also been mentioned during some of the recent Alaskan House and Senate Natural Resources Committees when discussing solutions for Cook Inlet gas supplies running out in the next few years. Perhaps you haven't had a spare few hours to listen back to those Committee meetings? Me? I've always got time for value-added fundamental research.

Huh, isn't that odd? Despite posting over 27,000 times on the Alaskan E&P sector, Brom didn't know about a $100 billion+ cap company's association with this "big, big project". It is almost suggestive that despite those 27,000+ posts, Brom isn't quite as well-researched as his posting volume may suggest? Hmmm....I'm willing to bet a pretty penny that there are many SN shareholders who wish they hadn't placed such uncritical trust in Brom's partial platitudes about the SN. Especially when they read that Brom had sold into the social media generated hype (which he'd happily contributed to) in 2021....but only told the forum many months later.

Be warned, PANR forum members, be warned.

09:31

Thanks mlf51. Outstanding 5min interview by Governor Dunleavy, outstanding. All else being equal, the SP *ought* to move up smartly on Monday.

11:16 correction

*better chance of minimising any dilution in working interest across the whole acreage.

07:52

Maybe you'll be right, maybe you'll be wrong about Monday, milf51? However, for the fundamental investor, listening to the content of the press conference yesterday marks a reduction of risk within the PANR investment case. Therefore, all else being equal, PANR's equity *ought* to increase on Monday as the market discounts this new news. Of course, by what percentage it should increase is open to debate as some will assess it's full steam ahead with the LNG project and others will say no firm numbers (either direct investment in the project or long term purchase agreements) was mentioned.

Standout for me was the general tone whereby it now feels the Alaska LNG project is an inevitability...and that the fine details are just to be worked out and finalised.

More specifically, I hadn't really considered the possibility of a "joint venture" between the two countries. That would be an even higher classification of enterprise and most commentators would likely suggest that the whole project will simply *have* to be delivered in full because it's become part of both nation's political landscape, security landscape, energy landscape, etc, etc, for many decades to come.

So, fwiw, I reckon we should see a SP appreciation on Monday...with or without a Megrez specific RNS.

That said, I reckon the company would be short-sighted if they didn't issue a macro type RNS at 7am on Monday drawing the investment community's attention to the US/Japan summit, to the statements made by both leaders and reminding/educating the market of PANR's cornerstone role in the project. Perhaps remind the readers of the 500mmcf/d agreement, what it could equate to in annual revenue, how PANR's low CO2 gas is special, etc, etc.

It would be excellent if they also hammered home how valuable low CO2 gas is to the early stages of the project by informing readers if Megrez also contains low CO2 gas just like the Alkaid ZOI??? If this is the case, I repeat if, then this would almost certainly be viewed very, very favourably by the market as it would appear to suggest that, following a successful flow test campaign, Megrez will definitely be the first location to be developed => earlier cashflow, better EURs => higher NPV => better chance of securing early development capital => better chance of minimising working interest across the whole acreage.

Bring on Monday morning!

14:36

Correction: "Forum readers - look through this clown's recent history." Clown not cow. Apologies to our bovine friends.

13:07

Many congratulations, Bistable, on posting such fantastical drivel. Bravo!

Forum readers - look through this cow's recent history. Until a few days ago, he was blissfully unaware of PANR's plans to IPO in the US later this year. Considering a US IPO has been discussed in every webinar since November '23 this gives you all the evidence you require to assess the strength of Bistable's idea of a "research and analysis".

Mowmoo1111 is, of course, quite right in his factual rebuttal of Bistable's baseless claims. The capacity of PANR to supply the 500mmcf/d as per the Gas agreement was based chiefly on the Alkaid ZOI with a bit of SMD at that location thrown in too. Nothing, repeat nothing, was reliant on Megrez....which of course hadn't even spudded by the time the Gas Agreement was signed in June '24.

I think we can all safely ignore Bistable's posts for the time being, don't you?!

Specific mention of the $44bn Alaska LNG project in this new Guardian article about the Trump meeting with Japanese PM later today.

hTTps://www.theguardian.com/world/2025/feb/07/japans-pm-heads-to-washington-hoping-he-can-recreate-rapport-of-trump-abe-era

On the other place, a poster stated a joint press conference is due to begin at 6.10pm London time direct from the White House.

Keeps getting better! Senator Sullivan addressed Japan, South Korea and Taiwan in his speech yesterday. "Sign up to purchase Alaskan LNG or the Chinese will."

Within 24 hours the Taiwan News article confirms Taiwanese officials are in negotiations with Alaska LNG stakeholders. Note how all three countries are anxious to address the Trump balance of payments bone of contention and buying LNG is seen as a simple way to improve the numbers.

Japanese PM visits the White House tomorrow. Game on.

hTTps://www.taiwannews.com.tw/news/6031198

10:20

Pure guesstimate on my part, Squirrel26 but I'd have thought either w/c 9th or 16th Feb. Not long to wait now. I'd far rather they took their time over the lab analysis and interpretation in order to design optimal flow tests v's rush and not collect all the data we require. Meanwhile, all eyes on Washington over the next 48 hours. Good stuff.

08:38

My morale is very high indeed, thank you very much Ayecuramba.

Link to Senator Sullivan's speech today on YouTube. Starts at 22 mins in, and lasts for approx 20 mins.

hTTps://www.youtube.com/watch?v=LoVJYOs4DIo

See my latest Twitter thread below which is almost as blunt as Sullivan's speech!

hTTps://x.com/Scot126126/status/1887252577173061688

If you have 20mins to watch the speech you will not be disappointed. It's by far and away the most blunt exposition of the rationale behind the Alaska LNG project, and why it's going to happen sooner rather than later. In fact, it's a must watch IMHO.

17:09

Ayecuramba - happy for you to point us towards the Burgundy Xploration IPO paperwork? Sorry, what's that you say? "There is no evidence Burgundy has filed the paperwork required to IPO on any of the North American stock exchanges." Ah, thought so....I couldn't find any evidence of the necessary filings either.

Ayecuramba - I am 100% genuinely flabbergasted you post on this forum. To all other readers, Ayecuramba posted absolute filth directed at olderwiser, rabito79 and me on the SN's forum. I'm talking really aggressive and intimidating stuff. Thankfully olderwiser, Rabito79 and I stuck to the facts and fact discovery and didn't stoop to his level. Of course, a more honourable person would reflect on their conduct, apologise and refrain from repeating the errors of the past. I think we can all now recognise that Ayecuramba is not such a person. Shame on him.

Oh, and Ayecuramba, if you'd bothered to read my comprehensive, detailed, fact-based research you'd have saved yourself a great deal of money. Weird world you inhabit whereby the effort to read research wasn't considered an efficient use of your time v's losing 98% of the value of an investment. More research, less abuse and Ayecuramba might be a happier man!

16:36

Hiya Brom - you wrote, "The big news about the gas line is out and we are in a bit of a lull......" P0ppyc0ck.

If, and I repeat if, the Japanese PM indicates at the White House on Friday that Japan will sign a multi-decade LNG purchase agreement with the US/Alaska and/or one of their commodity houses/utilities makes a direct investment in the Alaska LNG project, then I contend, all else being equal, Pantheon's share price will move materially higher.

It is my *opinion* that the pre-briefing conducted by the Japanese delegation to Reuters journalists (amongst others) which all referred specifically to the Alaska LNG project suggests that Japan a) wishes to reduce the balance of payments differential between the US and Japan in order to head off any Trump tariff threats and b) is determined to reduce their reliance on Russian energy supplies.

So, Brom, I suspect a very large percentage of PANR shareholders will be keeping a very keen eye on the results of the Trump - Ishiba meeting on Friday.

Now that we've got your attention, Brom, what did 88E management ("who always respond quickly to my queries") say when you asked where you could investigate Burgundy Xploration's IPO plans in North America? Is it the case that, like me, you and 88E management have been unable to find *any* evidence of Burgundy filing the necessary paperwork to float, never mind raise the capital required to pay for a production test at Hickory-1? C'mon Brom, the truth is your friend on this forum.

You're not going to receive a free ride on this forum in your attempt to frame the narrative. Suggest you go practice your spin elsewhere in order to add to your 27,500+ posts on lse. Yikes! Over 27,000 posts!

Please see below a link to a thread I posted on X. It takes readers through to an Order issued by the new Secretary for the Interior, Doug Burgum, who refers specifically to facilitating the Alaska LNG project. Combine this domestic political support with possible (probable?) external support from Japan and South Korea (Japanese PM Ishiba visits the White house this Friday) and the momentum behind this project is becoming irresistible IMO.

*If* the Japanese PM supports the Alaska LNG project by signing up to a multi-decade purchase agreement and/or a direct investment in the project, I predict PANR's share price will appreciate materially. There is no more leveraged play to this massive infrastructure project in the listed company arena than PANR.

hTTps://x.com/Scot126126/status/1886901943442006478

Please see link below for an article confirming South Korea's intention to buy American LNG as part of a wider policy to diversify from Middle Eastern suppliers of LNG. Alaska mentioned specifically.

hTTps://www.businesskorea.co.kr/news/articleView.html?idxno=234532

NB. The Japanese Prime Minister is due to visit the White House on Friday, 7th February. See Reuters article below. The Japanese diplomatic delegation appears to have heavily pre-briefed the Reuters journos. Definitely worth keeping an eye this story this week IMO.

hTTps://www.reuters.com/world/trump-says-japans-prime-minister-will-visit-next-week-2025-01-31/

31/1/25 @ 00:50

Happy to be corrected on the following sentence which I copied'n'pasted directly from chrisev1 without fact-checking it. My apologies.

"As chrisev1 states correctly, 'Only 52 feet thickness and the primary objective in the Otavi above the main fault was not penetrated due to seismic uncertainties.'"

It should read: "Only 52 metres thickness and the primary objective in the Otavi above the main fault was not penetrated due to seismic uncertainties."

As Brom points out today, the Canadian market continued to be unimpressed with Recon news from its drill yesterday. IMO there is little, if any, scope for 88E to gee up investors looking at its Namibian play on the back of Recon Africa's news yesterday.

31/1/25 @ 22:36, 22:49, 22:51 and 22:56

Gaztop49 - many congrats for posting a link to an article dated 9/12/24. This article was published prior to news of the successful conclusion of drilling at Megrez-1 (10/12/24) and subsequent preliminary interpretation of the data collected (22/1/25).

leesteuk - whilst you're looking in your crystal ball, I'd love to hear your selections for this Saturday's lottery numbers. C'mon forum, we've got to at least try to be better than this.