Member Info for SunZoo

the company must view the Kuparuk test is worth spending the time on for a reason. could it be that a decision has to be made on whether to test the Basin Floor zones or move straight on to the SMD? i assume that is feasible if not ideal

oh, read a bit further ... they had something similar in last year's AGM, so probably nothing to be too concerned about. it would give them authority to issue 192m new shares if they wanted to.

Existing shareholders' right of pre-emption . Rights issue?????

Resolution 5: To empower the directors to allot equity securities pursuant to Section 561(1) of the Companies Act 2006.

Any ideas why they would need this?

'Loss for the year: $17.0m (2019: $35.5m profit) dominated by the full impairment of the East Texas properties'. i think this headline is driving down the price today, which in isolation is pretty bad - but Alaska is the prize and we all know that. trading volumes aren't huge today either which suggests to me there is no leaky or fake news. having said that, please make it stop!

Arctic National Wildlife Refuge is east of Prudoe bay

'Biden plans temporary halt of oil activity in Alaska's Arctic National Wildlife Refuge' might have spooked a few - but isn't Pantheon operating in the disturbed zone?

i found this comment interesting in the lease update: "increases our control over the Theta West project which is emerging as a project of great potential for the Company". might suggest they have news to update us on for this prospect (or i could just be that i'm reading too much into it)

it appears someone lumped on 20K today

hopefully the announcement is that they are being investigated by the FCA, but frankly that is pure fantasy as they are about as useful as a chocolate teapot ... in my opinion of course.

thanks for the confirmation Thenalyzer, it would seem this was the end game all along

"John Gunn has an interest in approximately 52.89 per cent. of the Company's issued share capital. John Gunn consequently is in a position to exert significant influence over the Company, its strategy, directors and operations. In order to partially mitigate this risk, the Company and John Gunn have agreed a Relationship Agreement governing his behaviour as the majority shareholder in the Company." - i'd like to know what is in this 'Relationship Agreement'

i would think the spread would be enough to put off day traders

surely a company can't drop a bomb like that and then the insiders can to hoover up cheap shares - that's daylight robbery

insiders own about 54% of the shares - and they need 75% of the vote to pass resolutions?

this is insane - i've never known a company consciously destroy it's own share price

not sure there was anything new there regarding Pantheon?

cash at bank is £2.5m; market cap is £6m - listing status cannot be worth £3.5m

i'm sure a lot of things go on, but given only what we know this is bonkers

i tend to agree (AU$ 500k) - but wouldn't that suggest insider dealing??