The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Come on guys there are many more longs than sellers can we please get the narrative balanced. Those legacy longs from far back well done for avoiding short term crap. We all know PANR goes up and down with news but it always eventually goes up on the news. Hurrah.
Hi Ice i thought i heard production starts i October Please correct me.
There is so much we already know based on managements view. We will get more of the same at the webinar with experts confirming their views. What we need now is a CPR. That will move the sp, the amount of oil already dwarfs the share price, i cant see it going to £2 based purely on what Bob and Jay have to say. But £2 would be excellent in the short term
JL you haven't factored in the competition for equipment and operators over this winter. Looking back I think Pantheon did well to hang on to what they had. The big boys were probably trying to poach.
A question for Scott please. I read somewhere that the authorities in Alaska effectively control the employment restrictions and operations where weather is unsuitable for oil activities. Is this information available on a website? I assume Pantheon has no choice in the matter.
I think you forgot to mention the real star-ROBERT
Looks like the risk has gone for the time being
Hi guys i think we all have a view about the upside and when that upside is warranted, its not just a flow of oil between 100 and 400 barrels of oil per day. It's the interpretation , the resource figure etc which will take months for third parties to validate and whether the company really has an oil field of between 10 and 25 miles long. All mouthwatering but let'
s see what information steers us towards a mega conclusion and how long that will take to come through. Negative results will have a much bigger short term effect than positive ones IMHO.
Not sure they have the people on the ground to revisit the SMD.
last few words-more to come
Interesting they obviously feel they need to educate their investors for some reason
Of more interest what are the chances of another **** up. It will be a different company if they fail to get results reflecting all the spin. The SMD was meant to be the perfect location. And Theta West is too.
yes I was told about the poster, he doesn't have many fans!!
Could it be the very cold weather is having an effect on testing?
optimism is what keeps hope alive
Remember the well was not optimally located particularly for the Basin Floor Fan. This is truly good news and validates managements optimism. Credibility high.
Blackadder I am with you, we all hope the winter programme has some success and they complete their targets.!! However this remains a gamble albeit a good one in my view. I hope this time lady luck is with us and we don't get subsurface issues.
I am waiting to see the value of the company when a farm out or fundraising or a bit of both is achieved. Its easier to sell dreams than reality. Reputations will rise or fall. We wait. have a good weekend all.
EasyRoad, its always the same when you leave funding to the last minute. The risk here has always been the capital markets and the BOD smart as they are will have this in their minds. They have taken the risk, we wait to see how smart they really are.
I just cant see these guys doing a farm out. Far better to raise the cash and go from there IMHO. They have been talking farm ins and outs for several years. now without a sniff.. Negotiations will be tough bearing in mind the management have such high expectations. We will see of course shortly.