Member Info for tonynorstrom1

Hey Nana Head - I know you probably laugh to yourself when you post but I don’t think anyone here values your posts or thinks you are the slightest bit humorous .Think about a pimple on an ass - I think thats how most view you!

The other interesting metic was that well cost double the premian but have 3x the resource/productivity - so much more commercial despite the cold !

Agree - not a poor interview at all - very positive and his closing remark was it was quite rare to come across a Company with so much potential upside. We have undoubtedly lost a little momentum with the TS1 result but have 6 more independent shots at proving up Megrez not to mention drilling a new well and and the possible progression of the gas pipeline - lots of catalysts.

“Between 1 pound to 7 pounds is hell of a range. Bit of a stab in the dark?”

No not really - it’s more to do with you not understanding risked v un risked valuations.

"I'm really surprised that no-one has actually taken a step back here & asked themselves a few questions .....Like why did they spend 12 days testing this section when its pretty expensive to do so ?"

Perhaps they read the RNS or watched the interview ! Max specifically addressed several of the points you question such as the length of time to retrieve frack fluids which is uncertain and varies from reservoir to reservoir. Also whilst the result was disappointing - they gained a lot of data on frack design and reservoir properties including flow data which will be useful in testing and analysing the upper horizons. So obviously disappointing but not a complete disaster.

So assuming that your recent brag that you own over £5m in PANR stock is true - I personally think it’s false, but that’s just me. But assuming it’s true - you’re running a paper loss of well over £2m today and at the same time pronouncing PANR as a steal - what a prat. As I say - you have zero credibility imo! Thats not to say as a significant holder myself I’ve given up on PANR - I still think the potential here is significant despite todays RNS - but your still a prat.

James Simon - anyone that has

£5m worth of PANR shares doesn’t brag about it on this or any other forum - anyway your imaginary £5m is worth a little over half as much after todays fall. I don’t think you have much credibility here - you might help PANR’s cause if you posted less and read more,

Flyinghigher you Wolly - there is no next drill (at least yet) - this is a sequence of tests on an existing well bore where they have already detected oil in 6 different horizons. The oil has already been found - now they have to prove that it flows in commercial quantities.

MattyD80 - your negative posts are really quite depressing - I bet your a real hoot at parties!

With a massive 3 posts to your name - I think most here know the game you are playing.

The results whilst disappointing do not appear to be the absolute disaster that you are spouting - there were some encouraging words within the RNS not least from Max. It would probably be helpful for PANR to come out with a POD cast to explain the result including the high pressure pump and how this result increases their confidence in the overall program.

Champagne no longer on Ice Simon ?

Since Pander was nearly spot on with his 15p forecast - i'm interested to hear where he thinks the SP will go if the next test flows in excess of 1000 bopd (good quality oil)

"TS1 will be abandoned and well operations to test the next interval (Lower Prince Creek) will commence as soon as high-pressure pumping equipment is mobilised to the Megrez pad."

Perhaps one of our resident experts could shed a little light on this statement within the RNS i.e. why is it needed only now and presumably not needed for TS1 and why isnt it onsite already ?

Hey Nana Head - why don’t you go play with the busses!

Increased buybacks is a positive unless they are all dished out to the CEO.

Hey Nana Head - Pretty solid update - what do you think ?

Xataxx- no data - what are we watching??

No James Simon has a high IQ just like Trump - 157 !

Abacus1 - I would be interested to hear your other concerns if you have any decent insight to offer. Whilst I agree that these boards typically cheer positive comments and shoot down negative ones regardless of whether they are grounded in fact. However, your post does come across a little unduly negative and who's to say it is any more realistic than some of the posts/posters you are criticizing.

Helium for example - I may have misheard but I thought the new CEO had already confirmed that Pantheon had retained the rights to Helium and that it existed in concentrations of 0.5 to 2%. There are several ways to extract Helium but the most logical appears to be during the Liquefaction of LNG. From my seat it looks like if the LNG Plant goes ahead - there will be significant revenues from Helium.

On the flow tests - I think most here understand the risks of getting a result that underwhelms including the possibility of bore blockage or similar - however, PANR understand the geology well, have drilled similar wells in the past - my gut feel is that the odds are skewed to the upside and they are likely to meet or exceed the guidance given.

I also dont think poor results in any one horizon will result in a halfing of the SP - there are more horizons and shallower horizons than pre-drill estimates so my gut feel as I stated above is that the entire program is likely to exceeed pre-drill estimates with a consequent significant rise in prospective resources which I dont think is priced in.

I do have a concern about the Gas Pipeline but I have already voiced it once so I wont repeat again - so lets hear your other concerns.

Gut feel and limited research is not all that logical - that’s just my opinion!

"What is going on with this stock it’s just dropping seems strange?"

Anyone that posts something like this is either:

1) New to investing in stocks

2) New to investing on the AIM

3) New to investing in an oil explorer in Alaska no less !

I personally think this will go much higher but there is still risk:

a) Oil prices could collapse

b) Finance for the pipeline might not materialize

c) Flow tests could disappoint

d) Finance for the Oil Development might involve considerable dilutuion.

Maybe it time for Paul what’s his face to resurface and offer us salvation !