Member Info for tonynorstrom1

Taking the 1st table and calculating the weighted average = 16p

Indicates either the model is wrong or the market is not pricing in correctly the data room activity. Both could be true but copilot says that given that PANR have previously announced multiple parties are in the data room - then the later is plausible

If I amend the assumptions to oil major:

Farm in Partner announced(Major)….25-35p

Exclusivity agreement (Major)………..18-25p

Farm in with smaller independent…..14-20p

I asked copilot the possible news flow in the next 2 -12 weeks along with projected sp:

Farm in Partner announced…………....40%…18-25p

Exclusivity negotiations announced….30%…14-18p

farm in discussions ongoing……………20%…10-12p

No material Progress.,,…………………10%…8-10p

“This BB is for points of view on the fundamentals of Pantheon so lets not be side tracked ……..BACK to basics I say and 50p a share in June /July”

Write is Write Barron Von Pump a Dump - but my question is where is the basic fundamentals In “50p a share by June / July” . There is none - why June / July and why 50p. This statement is about usefull as a fart in an elevator by itself. Perhaps you can elaborate how this passes for basic fundamentals.

Fatty:

“I think underneath you are probably a honest enough guy”. - correct - I like to deal in fact and figures !

Talking about facts and figures - you were an order of magnitude out on the dilution !!! Do you want to offer a correction?

As far as broken record and calling people out - if there wrong there wrong - you should be thanking me for correcting the record correct?

Dickens - you didn’t make any sense - whether down to English or an understanding of the transaction.

What you appear to be saying - there is a difference between whether PANR farms out 50% or allows a partner to farm in 50% - there’s no difference to be clear all other conditions being equal.

Bricks - you either get it or you don’t get it - I’ll leave others to judge.

The more interesting point of the post (imo) was the odds of success of a farm out ( or farmin with chickens).

I cannot let it stand - stupidity is stupidity and you and Dickbat deserve to be called out:

A farm-in and a farm-out are two sides of the same transaction in oil & gas.

• Farm-in: From the perspective of the incoming party, they are “farming in” by acquiring a working interest in a license or project. They usually agree to fund exploration, development, or operational costs in exchange for equity.

• Farm-out: From the perspective of the existing license holder, they are “farming out” by giving up part of their interest in exchange for the incoming party’s capital or technical contribution.

So yes, it’s essentially the same deal — the terminology just reflects whose vantage point you’re speaking from. One party is reducing its exposure (farm-out), while the other is gaining exposure (farm-in).

To make it concrete:

• If Company A owns 100% of a block and wants to reduce risk, it farms out 50% to Company B.

• Company B, by taking that 50% and agreeing to fund drilling, is farming in.

The economic mechanics are IDENTICAL; the distinction is purely directional.

Bricks - you really don’t understand any of this stuff do you !

…:farmin with chickens.

According to Copilot:

1) odds of a balanced farm out -( most equitable ) would see PANR retain 35-40% is up at around 55%. SP prediction within 4-6 weeks of announcement around 66p

2) Odds of no farm out deal 15%

3) Odds of a more or less favourable deal at around 15% a piece.

FFS - oversold and undervalued and he’s just bought another 100m shares!

I agree James - “if you’ve got nothing meaningful to add” - you’ve ticked that box.

“By offering your lying miniscule 5hit” - I would say you tick this box also.

Will you close the door on the way out?

Barron Van Pump a Dump - I feel so much better now that you’ve signed off on the 60p-120p valuation . It means a lot with someone of your undoubted knowledge and experience.

Forget all the doubters that point to the current SP and missteps of the past and your grandmothers old advice “if it sounds to be good to be true” and all that b@llocks. I’m with you all the way !

I agree with you Bricks - what’s not to like - further dilution ! Spencer fits right in here - you half wit!

Hey Bricks. - I’ve asked you once before - what are you farmin - hogs or just a couple of chickens?

When you’ve figured it out - a simple sorry is ok.

If I need to draw it out for you - let me know.

“The company has a total of 1.45 billion shares,so the dilution is much less than .01% if I did my maths correctly.So this should not in theory have much effect on the share price,Feel free to check my sums .”

I rest my case !

Fatty1 - there are a few people that wish they are as clever as me - Bricks & Siggins are desperate.

However, with you I sense there is a chance - get your calculator out again and recheck your math on the RSU’s - I fear you could be an order of magnitude out.

I think all of us would take 80p but it doesn’t seem all that likely does it Barron Von Pump a Dump!