Member Info for ShareGuru22

Noba hahahaha here is your exact message from yesterday:

"Sp going down to drain..placement on the way . I won’t get my money back..,,"

Odd ball you are.

PANR have large debt due and no cash.

88e have cash, a positive drill result, and plenty of time to get this right and flow test next season. 88e's ducks seem to be lining up

We've had low volume since placing. 1.8bn shares were added, since the oil disocvery RNS the other day, the volume has increased.

Looking at the types of sales, I actually do believe the placing shares and still being sold. I doubt they'll be far off now from being fully sold, which will then mean the resistance is gone.

This should time well with positive wireline results and the net pay findings to come in a week or two.

This isn't the usual 'MM's holding this back' ramping post, it's just what I'm noticing looking at the trades etc. There will be a lot of buyers from the recent RNS, so the fact the price is falling suggests the placing shares are elminating this impact... for now!

Once clear, and my calculations say this should be soon, the share price will react a lot more positively to good news and really get moving.

I'm here for the longer term, not a quick trade, so am not ramping this share, I believe in the value of what we are sat on.

Solidifying your name Nob. No placement is coming … just oil shows so far

Can someone point out where it says they are no longer drilling further than our Primary target? Apologies, I'm clearly missing something.

Whether they continue further or not, it seems we are sat on top of fantastic news from today. Roll on the wireline results.

Excellent update, ahead of my expectation as they still have time to drill further ahead!

The true value, perhaps exit value, in the Company of which the share price determines this, comes from the overall disocvery/discoveries made.

I'm not too sure Ashley Gilbert cares about the price going up and down during drill time via releasing of RNS's... that's for the traders.

The value of 88e will be accurate to the oil it has discovered and ultimately what someone will pay for it. 650 million barrels discovered at roughly $2-$3 in-ground value, makes the share price a hell of a lot higher than it is now, miles higher!!

It's not bleeding out really... a lot of people here are traders and would typically come in for the LWD updates, take 10-20% and get out.

The approach this year is for management to solely focus on the drilling with an update to come after. This eliminates the regular LWD RNS's which 88e usually do.

We are therefore now just waiting for oil indications once the primary targets are reached at the end of this week.

You'll either see a huge spike and rapid volumes all in one go and a crazy week or 2 of buying, or a slight decrease but not much given the share price has been 0.5p most of last year prior to this drill.

The price increase comes when the volume comes.

The volume comes when there is signs of oil.

This happens when we receive LWD updates and of course indicators of a discovery.

Given we are extremely likely to make a discovery here, this then hits the public domain via an RNS and then other news sources and social media networks/forums, which attacts more buyers and drives the price up further.

88e will be valued correctly regardless, and that value will be a lot higher than now if a discovery is made. FACT

Haha let’s analysis the s**t out of the ‘fundamentals’ whilst watching the PANR share price plummet… good old Scot, poor sod

Did PANR lose 5/6’s of their assets Scot as the share price went from 120p to 20p recently, or is your valuation method just bonkers for oil exploration companies?

Like I said, number 1 never challenges number 2 to a fight, it’s clear you’re worried 88e is a better investment hence why you spend time here ;) it’s obvious to all!

What you never answer is, why do you care about 88e’s valuation so much? Why do you bother here?

I also see you have no friends on the PANR board now after recent results lol keep up the good work Scot

Scot, if PANR is such a better investment, why do you care about 88e at all? Perhaps it’s not and you’re worried hence why you post here?

In my experience, number 1 never challenges number 2 to a fight, yet here you are time after time on 88e’s forum bigging up PANR… interesting!

That gives me confidence I’m invested in the right share here as you are woeful at investing so if you’re against it, then I’m all for it!

Snoopy - you was the once that sold for a 20% profit in the Merlin-1 drill and it went up 665% from pre-drill to peak of drill.

GREAT RNS, expected but always a risk something goes wrong between each RNS. We'll keep chipping away under that ground, and hopefully land on the black stuff.

Imagine we find a s**t load more than expected down there.

This is why we all invest, the excitement of each drill, so don't let loss-makers like Snoopy and Scot ruin the fun!

Very much so! Great RNS, just what we needed. Come on 88e

lol well said noba. I keep putting down the wrong numbers on the lottery but I’m sure when I put the right ones down I’ll win

That’s not a true drop… same way the UK listing either closes at .65 or .70 at the moment, the apparent gain/loss is instantly undone on opening

Why would you ignore Scot? If you listened to him, you could have invested in PANR at 120p not long ago and now your shares would be worth 20p… don’t get why people would not take his advice tbh…. LOL

Hush hush snoopy… irrelevance and you go hand in hand.

The fact we are not sliding down given the banking 'crisis' in the US is actually really positive.

Given it's the smaller banks which have less stringent regulations on their fund investment activity, I can see a quick turnaround in sentiment over there soon (negative to positive).

This will coinside with regular updates of our drill progress and estimated findings here and we drill to the bottom.

Hold tight, this time next year(month) Rodders!

The increase in company value and therefore share price will come as and when 88e make the discovery here. If we fine 500mn barrels, you can expect a $1bn market cap (5p a share), if we discover 250mn barrels, then 2.5p a share, we find find a motherload down there, say 1bn+ barrels, which sees the share price go beyond what a lot of us see possible at the current 0.6p level.

Those obsessed with posting daily about MMs playing games, this share is boring, take position now, 1p impending, all those types of posters are just here for a 10/20% profit and they'll be gone.

As proper investors in 88e know, this share really moves once oil updates are delivered. In the exploration game, as long as you have invested what you can afford to lose, you would not want to sell before the final end result (not of 1 particular drill, but the sale of the entire company).