Member Info for Squirrel26

By Friday your mates at Qube might be gone :)

The conduct of people on advfn is despicable. Genuinely horrible and unconscionable statements at times.

Even if the company sold out at 1 dollar per barrel, rather than the dreamed of 5 (being the price taker, rather than price maker they want to be) the shares would still be well north of a pound each. Most LTH know this, but hope for the better news.

Dubhe is the cheapest and fastest route to commerciality. That was made clear in the webinar. Everything else is noise.

However there’s still enormous value here.

He also has about 6 other profiles, from which he spews his garbage.

Good RNS in my view.

No unwelcome surprises or stings.

Bad day for derampers

Funding Strategy

During the financial year, Pantheon raised a total of $64m through a combination of issuance of equity ($29m) and

3-year convertible debt ($35m). Additionally, it paid down its existing convertible bond, issued in December 2021,

from $24.5m to $9.8m principle outstanding as at year end. At the time of writing this report, this convertible bond

is in the process of being repaid in full in shares.

The Board set out a goal to minimize value dilution to the extent possible when re-setting our strategy in 2023,

recognizing that this is a capital-intensive business. The gas monetization strategy initiated during the first half of

calendar year 2024 was and is expected to significantly contribute to that sum.

The Company continues to actively manage its cash position and funding requirements, and anticipates that any

future capital needs will be met through one or a combination of the following: (a) equity issuance (including, if

market conditions indicate a positive appetite, a possible US listing on a major exchange), (b) project financing or

other debt instruments, or (c) a partial farm-down of its 100% working interest.

Governance and Outlook

We remain committed to strong governance and stakeholder engagement. Our AGM, held in March 2025,

reaffirmed support for our strategic direction, Board of Directors, and leadership team. Looking ahead, we are

focused on progressing toward development-ready status, securing strategic partnerships, and optimizing our

capital structure. The fundamentals of our business, including world-class assets, experienced leadership, and a

clear path to value creation, position us well for the future. I look forward to hearing from you all at the upcoming

AGM.

Sorry who are you quoting with that?

Please do shut up Sam. It’s pretty pathetic.

As soon as the shorts close you can disappear again.

Hopefully it’s soon.

You’re very selective on your facts

27.5m usd in the bank

Testing paused

1.6bn barrels already proven

Why would there be a placing when there's 27m usd in the bank?

They’ll be here until they feel they’ve squeezed it all it can be squeezed.

We need our chaps to get on with unscrewing the well and getting this show back on track.

I believe they will do it.

Agreed HH

Very interesting that he did the sale in September and sat on it until now.

Market responding well to the news. Hopefully a blue finish.

Phontist where did you read that?

Because absolutely none of what you have written has an ounce of truth or grain of reality.

The company has paused testing until Spring. We still have 27m in the bank to further this testing.

Below is the link to the webinar, this will help you to understand what’s actually going on. Rather than making stuff up and looking daft.

https://youtu.be/Ta-rJpPEKVA?si=-X_X6omDe379SJqq

What are you on about?

They have not borrowed the money.

The convertible was settled last week in the RNS.

Phontist you’re a fantasist, or actively trying to mislead people.

If you’d bothered to watch the webinar, which you clearly haven’t, you’d hear the CEO say we are cashed up at 27m , which was raised in the 3rd Q this year. He also stated no immediate plans for additional capital raises.

If you’re going to make stuff up, please do a little research before, to at least make it a little convincing.

Thanks Hammer,

I believe in this company and the BOD.

I’m also fairly stuck here at the moment. So might as well keep supporting. No point moping around.

More energy and momentum we have when pantheon crack this nut the better.

And they will crack it.

Can’t say I agree Hurst.

At the end of the day there have been some massive beasts in the data room.

We are on the radar and they’re watching closely.

Completely agree Hammer.

From the webinar it was clear, the moment Christmas dinner is over, these guys are back at trying to make Dubhe work. I think it can work, it just needs a shove in the right place. Submersible pump.

Agreed, we had a good blue day today.

I’ve waited this long, I can wait until Spring. To be honest I don’t know why we were doing this in the dead of winter anyway. So much easier and more cost effective.