Member Info for SeaHawk

Traders are loving this!

Another day without news, phew this is becoming a hard and frustrating wait. Still if it was not flowing they would have to tell us by now. I think I can say without doubt that I do not like the new CEO’s comms efforts or more to the point lack of comms efforts, he has not bought his investors along on the journey with him.

Could this be the MM letting their friends out of the short position. Maybe they were caught out by yesterday’s rise.

When you consider that this well is right next to the road and close to Deadhorse you would think that far more information would come out from the locals who live there. If I lived there I would be paying a great deal of attention to goings and comings of PANR as it could be your way out to civilisation :-)

Thanks Danalb I missed the earlier link, getting old isn't great!

Agreed Hammertimes these are when they where fracking.

Could somebody give us oldies a link to the tweet. Many thanks.

Milk want to explain how the SP got to £1.40 several years ago.

You beat me to it Sirmark.

The company was not forced into anything Caldonia, it had to produce an RNS otherwise Max would have been unable to give any update at the conference he is attending tomorrow. The fact he could not be bothered to put together a more detailed update which could have helped the companies investors understand what is happening and why, is just shoddy work.

Stop being such a child Bullsit you sound like a 5 year old.

Stas I did not say it was slow you missed'if'. Every thing you put in that message could have been put in the RNS as an explanation. Instead it just left everybody to guess including the big one of is it slow or is it as designed.

Unfortunately this is a really lazily written RNS which has just opened up the SP to be abused. Without doubt this has not been put out because people were asking for an update (which I was one) but because Max is presenting tomorrow. Without putting out this RNS he would have been unable to give an ops update to the audience, so this poor effort was produced lacking any detail at all. It should have given some dates ie when were the plugs drilled out by and the production pipe completed. When did the flow back begin and if it is slow why, if it because they are taking it very careful explain why. What they have done has just opened up a load of questions which has made nervous investors jump ship after seeing the Magrez horlicks. Come on PANR you are better than this and your investors deserve better.

This is starting to get stupid, update us PANR we are your investors. It is our hard earned money that is paying for this well and your wages. Max get a grip and let’s have an update.

Ddraig AI says:

The Company's Responsibility

While the market sets the price, the company's management and board have an indirect, but significant, responsibility through their decisions and performance, which affect how the market perceives the company's value.

Management and Executives: The CEO, CFO, and other C-suite officers are responsible for the company's day-to-day operations, financial performance, and executing the business strategy. Strong earnings, revenue growth, and future prospects tend to attract investors and support a higher share price.

Board of Directors: The board is elected by shareholders to oversee management and set the long-term strategic direction. They have a fiduciary duty to act in the best interest of the shareholders, which typically means maximizing shareholder value over the long term.

Investor Relations: The company's investor relations department helps manage communication with the public and investors. Clear and transparent communication can help build investor confidence and influence demand for the stock.

The same way that you do bullsit, you need to calm down, everybody on here is entitled to their views. You may not like what people are saying, but I can assure you, there will be a whole lot of people who dislike your posts.

I am hoping for a bit quicker than that if all goes well. If we get a good result from this well with both oil and gas and we then get that gas contract signed it should give the SP a good boot up the ass. If we get the gas contract and the gas line is okayed we are going to have to get a significant move on to meet the current pipeline timelines. DH emailed me to tell me they would need between 15/20 wells to provide an initial 200mmfc. I don't know if that includes the gas re-injection wells that will be required for the first couple of years. Either way PANR will have to get a major move on. So 3 years from now ish we will have 15 wells on production that should be bringing in a fair amount of money, certainly enough to dip a a few more straws into our really large field. Lots needs to go right but I can see my target being met in 3/4 years if all goes right. Mind you it all come to a glorious end with a bad RNS in the next week or so. Don't you just love investing in penny shares!!

It's easy to forget (sometimes deliberately) how quickly dilution can reduce potential earnings from a share. Mentally I have put my cap at 1.75Bn shares in issue for when I hope to cash in around the £4.50 mark, that's if it all goes right mind you.

We can only really hope blatav1 that you are correct in your musings. They have killed the opportunity to significantly raise the SP, we should be at the 40p or so mark at the very least. If the drill fails I would rather a 50% loss from 40p than a 50% loss from 26p, conversely much better to get a good rise from 40p than 26p. I understand their caution after Magrez but small regular updates with lots of caveats keeps everybody on side and the SP at least steady. By being quiet they have allowed traders and shorters to take hold of the SP and created doubt.

It's not been a few weeks it has been a month tomorrow since the last news.