Member Info for sirmark

Just added 180,974 :) 11.80

28p about to get hit !!

Some MM's now sat on 29.40 !!! won't be long till they're on the 30's+

Placing sellers cleared and shorts now no longer have the stock to re-buy on the quiet so now two shorts fighting it out know we have drilled successfully the company maker well and they've got twitchy bums.

MM Update

27.6 50,000 WINS 07:50

28 30,000 SING 11:03

28.55 33,000 JANM 11:08

28.6 30,000 SCAP 11:03

28.75 30,000 MREX 11:09

28.75 30,000 CANA 11:09

28.8 30,000 PEEL 11:08

28.8 30,000 INV. 11:08

28.85 30,000 STFL 11:08

Seller cleared and shorts closing ... I expect we could see 30p today

Seller looks to have cleared :)

Flying back on level 2

Tough going against the tide today with the pressure to keep it down however last 10 mins seemed to have cleared and looks pretty solid for a break in to thr 26's

It's worth a re watch to see what we're looking at !

Https://www.investormeetcompany.com/meetings/investor-update-80

NAV:

Full success-case value: 410.9p

Risked target price: 57.4p

Upside to full success-case: 1,570%

Upside to target price: 133%

Pantheon Resources announced yesterday the successful completion of a 25-stage frac operation at the Dubhe-1 well. In our opinion, the successful result derisks the most challenging operational aspect of the well and sets the scene for the forthcoming production test. We expect investors will now focus attention on the forthcoming production test intended to definitively establish the commerciality of the Ahpun SMD-B resource (322 million barrels of 2C recoverable liquids resources; 123.7p of full unrisked value to be unlocked under a success-case based on Oak Securities’ NPV10 estimates).

Successful completion:

The company confirmed that it successfully completed 25 fracture stages of approximately 200 feet each over the length of the 5,200 foot lateral wellbore within the Ahpun SMD-B reservoir. We highlight that the Dubhe-1 completion operations are the first of their kind undertaken by Pantheon Resources under normal operating conditions (outside of COVID supply chain constraints); therefore, we believe that the success of all 25 of the frac stages should provide investors with confidence in the operational excellence of Pantheon Resources.

“Show Me the Money!”:

Looking forward, in our opinion, the downhole operations for the Dubhe-1 well are relatively straightforward: i) the plugs required to isolate pressure within the well during the frac operations will be drilled out, ii) production tubing will be set, iii) frac fluid and sand will be recovered from the well, and iv) oil and gas production will displace the frac fluid and establish an initial production rate for the well. For reference, typically the “IP30” rate, or the average production rate over the first 30 days of production from the time of maximum oil and gas production forwards, is considered by industry to be a key production metric. If the Dubhe-1 is the “Show Me” well for the Ahpun resource, the IP30 can be considered to be “the Money!” – “Show Me the Money!”

Box ticked after box tick after box ticked ….. as Max says now it’s time for the reservoir to talk !!!

Cracking video

https://m.youtube.com/watch?v=ih2PsyPX8SY

JH certainly don’t share your view also saying the 25p are selling for their 5% …. You know maths right that would be 26.25 p …. So I think your calculations are some what off along with the other context in your post but I’ll leave for others to scrutinise and pull apart all the other errors

Couldn’t ask for any better … the whole opperation so far has been nothing but perfect. Well done to all the team so far and may the best rocks win !!! Over to you geoligy 📈

I think RNS dependant this will still push on tomorrow as it looks good for the break out ! the old saying sits with me ...you don't go skint taking profits !

my buys where 0.29 and sales 0.37 that could extremely premature but gut feel sometimes takes over.

I wish everyone well here and will still follow and update an decent moves on level 2 and may even end up buying back higher (quiet possible)

I have a few extremely large holdings in tow stocks and refrain from re mentioning but they are big movers for 2025 (even from tomorrow)

4 v 1 to 2 v 2 in an instant ...pull back on the cards, IMO take the 36 and buy back or hold it out 35-36 close IMO still cracking day

From earlier ... seems I was bang on the money !!!

See what happens tomorrow. Well done all that held when it went sub 0.30

Do honestly get some TXP they are about to pop, but not on imaginary dreams... on the back of solid gas production and Cas 4 is being tied in as we speak and will add extra revenue from this month and Cas 4 to follow a few week later (already drill just tying in ) and they are about to spud a new well on the Newley acquired golden goose Central Block and that will go straight on to production ... anyway make sure you get some as its about to go mental and currently sitting at 5 years low so massive upside 3-5 bagger short term

Now level 2 4 v 4 spread widened to nearly 10% spread ... insane !

Guy seriously GET YOUR SELF SOME TXP URGENTLY !!!!

4 v 1 to 2 v 2 in an instant ...pull back on the cards, IMO take the 36 and buy back or hold it out 35-36 close IMO still cracking day