Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
08.45
Scot goes on about what the 'market' value both 88e and PANRs oil in the ground at. Utter garbage right now, how can the market drop the price of PANR from 130p to 10p in days based on a change in the value of the oil in the ground? So that is misleading analysis at the current time point of these companies.
I don't need to counter-argue against Scot's drivel. He comes across informed about this industry, where has that got him? His holding in PANR is at a much higher price than the one now, and had the cheeky to try and advise people against investment in 88e still.
It is clear as day that his motivation is to steer money away from 88e and into PANR. You have to question the motives of a fully grown man who has set up a twitter account with sole purpose to promote and rave about PANR, right? As sad as that is, the motive is either desperation to recover losses or somewhat has a role or connection with PANR and it's his role to do this, but I personally just think he's a failed investment banker heavily tied up in PANR.
You also have to question to motivation of someone to go onto another board to disregard that share? There are hundreds of s**t listed companies out there, at what point have you ever thought to spend your time going onto the share forum of that company and downgrading it? Complete absurd thought and idea right?
20.09 20.29 Oop two posts in 20 minutes, sorry if you're rattled. Don't lose sleep over my posts, but I am entitled to my opinion, or in the case of PANR having to dilute shares to raise capital to pay off debt, my facts.
00.49 And all I've ever done is show my working of your investment in greater detail.
Recommend PANR at 130p
It went to 10p.
Is now 28p.
This surely makes every bit of analysis and fact checking you cough up on the board that isn't PANR redundant, because who the F would trust your analysis after the above shocker.
Failed investment banker, no more. Keep chasing the loss son, keeps ya fit
I'm the clown, and Scot recommending investment into PANR at 130p is the.................
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10.30 Sorry your down mate. Everyone here knows how quickly this share can move back up again. Historic cycles show this to consistently happen in 88e, so I'm sure you'll have to day to sell and hopefully profit.
At least you only need this to get to 0.6p to breath. Imagine if you loaded up on PANR at 130p when Scot suggested to... then you'd be really buried. They now have to share raise multiple times a year just to pay off debt.
At least future 88e raises fund exploration and even extraction in Texas and Africa!
Good luck
Extremely worried that PANR is just a sitting duck this year whilst 88e have an exciting flow test. Simple math is 4 quarters in a year, so that's 4 share dilutions PANR will be doing to pay off debt and survive, plus added money to do anything further on exploration.
88e will indeed raise funds, for exploration and oil production purposes, great.
PANR however will be raising funds just to pay off their debt.
OUCH!! Guess the only uninformed punters are those holding the PANR price above 20p right now before it gets diluted to s**t just to keep up with debt obligations. Sore one that.
New readers, be careful reading Scots posts. He advised people to invest in PANR at 120p. It soon went to 10p. He now needs your money to go into PANR to get the price up. Check his twitter (same handle), very obvious of his intentions.
The closest he can get to positive is 'If 88e do well, so do PANR. If 88e do bad, then it doesn't effect PANR' hahaha absolute clown.
Maybe 'PANR have done well, so it's extremely likely 88e are going to do well' or 'PANRs market cap without a drill this year is 5 times higher than 88e right now which makes the upcoming flow test extremely exciting' is more appropriate???!!!
New readers be warned, every positive RNS we get, Scot will always appear. He will make it his messages are balanced etc but the undertone of his message will be negative towards 88e. His intention is to get money into PANR to recover his losses.
Check out his twitter/x page, all PANR.
I haven't even read his posts below because life is too short, but I bet I am right.
He was telling people to invest in PANR at 130p. It then went to 10p. That not only tells you he is desperately trying to recover right not, it also tells you that he can write pages and pages of information on the 88e board... but what's it all worth with advise like that!!
Be careful, and good luck 88e holders.
Lot's of projects in the mix right now which is great:
- Project Phoenix (~75% WI) Flow testing
- Onshore Namibian Farm-in Agreement (~20% WI pending approval)
- Project Leonis (100% WI)
- Project Peregrine (100% WI)
- Project Longhorn (~63% WI)
Cash balance of A$18.2 million and no debt (as at 31 December 2023) following completion of the equity placement during the quarter.
Through Q4 CY23 management conducted an internal corporate cost review, with several cost saving initiatives set to be implemented from Q1 CY24. These initiatives include, but are not limited to, a reduction in direct employment costs. A huge answer to all those stating it's just a mechanism to keep paying large salaries.
This board is starting to run 88e like a proper exploration company, hedging with operations away from Alaska. They are running it how it should have been run years ago.
Most posters on here have an all in mentality... hence why they think they're experts on here but couldn't run a company to save their lives.
Good luck to 88e this flow test round.
09.59 every drill for the past 5 years has had posters say that if this drill doesn't succeed then the company will vanish. Still going, and are knocking on the door of our biggest discovery to date, so it's the most promising position we've been in for a while now.
10.01 DW was better at creating hype for sure. The share price would 100% be higher at this time of year under DW, but not organically. I feel this board are more focussed on generating oil and the share price right now is not a concern for them. But naturally, value will be added to the share through actual discovery, not annual hype!
As always, we can only wait and see. But I'm extremely optimistic.
09.40 why do you continue to tell us about your trading history etc as if anyone cares? Always happens around release of an RNS.
Someone must have told you once upon a time that people care about what you think and do in the investment world.
Everyone holder here knows when this stock starts the move, it really f*****g moves, and all the noise from people like you disappears.
The fact is we are flow testing a well in a week or two time, already funded from previous raises, that could lead to an 88e discovery of hundreds of millions of barrels of oil. If you believe they'll flow it, you invest, if you don't think the will, you don't. That's the bet.
If they do flow a lot of oil, the value of 88e goes up. Simple as that. By how much? That's for individual traders to determine. Long term holders are waiting for a final sale years from now.
All drilling/flowing will benefit both PANR/88e. My comment was to get a nibble from Scot, which it will, but good luck all the same to PANR/88e investors.
All PANR eyes and investor eyes (new and old) looking at 88e this season. That sure will gain upside traction in the 88e share price.
17.51 you know nothing about the value of the oil in both grounds. Forget what the market 'values' it at... it's all irrelevant when you invest in PANR at 130p and it crashes to 10p isn't it!!
How about just wait for the flow test results of 88e and stop trying to trick people into buying PANR as always?
Readers, be careful. Scot advised people to invest in PANR at 130p, it then went to 10p. Check out his twitter/X (same handle as this), his intentions of trying to make people buy PANR stock to recover his losses are clear as day.
Good luck to investors in the upcoming flow test. PANR's market cap was around £1bn when flow testing this area, that's 20 x the current 88e market cap. Investor or trader, tell me this upcoming flow test for 88e (NOT PANR SCOTT) isn't exciting.... roll on Feb
09:32 Thanks for reply.
Not too sure how the oil quality can be too different between 88e and PANRs drills yet PANR benefit 4x on 88e's finding. Seems a lot of biased chat towards PANR but at least you make it obvious that's your intentions.
I just asked about the potential to trade PANR this winter, not if 88e's flow testing is unsuccessful, but again like I said above, thanks for making your intentions clear. You also know what can go wrong on bad news, 130p recommendation into PANR, 10p outcome, and all that jazz!
Thanks for info, guess you are saying PANR is tradable in line with flow testing results from 88e. All eyes on them in Feb ey
Are PANR doing anything this year that could cause the share price to increase from a trading point of view? Any further tests etc?
Comment on PANR board relevant to all Alaskan operations, especially those potentially sat on oil with pending flow tests I might add...
Unrest in the Middle East — Security home oil & Gas supply’s for USA is worth more than depending on Middle East could speedily increase investment operations here and moving things forward in the near future could bring rewards sooner
08.10 Well said, always important to highlight this users motives to new readers.
What good does his biased view of PANR and negative view of 88e do at the end of the day when he was raving about PANR at 130p and it crashed down to 10p....
His analysis never captures everything too, be aware of that. PANR will have to dilute shares every quarter just to pay off their very large debt balance, he never brings that up.
Be careful and as always, good luck to any investors here. Q1 is an exciting time of year for 88e.