Member Info for tonynorstrom1

His mates at the Pub told him so!

Maybe I missed it but I don't recall the appointment of a new CEO being discussed previously. It's a big move and possibly for the better but has Jay been pushed out?

Do you have a link to the brokers note ?

Personally - I still think Serica is good value. This hick-up should present a decent buying opportunity. I'll be adding when I free up funds from elsewhere.

"Unfortunate especially at a time of high gas prices!!"

The problem is with the Triton Hub which is oil - very fortunate that it does not impact the Bruce Hub that produces largely Gas !!!!!

Hey Nana Head - sold off some Pantheon and bought more here - the dividend is just too tasty !

Brian was supposed to be the man that had all the connections in Ireland !

Well that’s it then - Citywatcher has analysed this carefully with some of his drinking buddies down at the local boozer and see’s value below 55p. I have my price targets!

Hey Nana Head - how's your EMO doing ?

Hey Nana Head - did you check out EMO like I told you - also PANR !

Gandernee,

Perhaps you can clarify what you are talking about and provide a reference ?

Hey Bob you tit - stop peddling crap Mining stocks on the PTAL BB. If you have to push a small cap mining stock - take a look at EMO on the TSX.

To respond to a previous poster on what they are missing with regards to the SP. Your not missing anything and PTAL is unjustifiably cheap imo - the market is missing the story here. I stuck a chunk of my i3e money into it and topped up again this morning.

I was wondering when "I wouldn't want to be out of this over the weekend" - would crop up.

If my memory serves me correct - it was not just the Talitha flow test that drove the SP to 150p - I think there were also strong rumours of a farmout. I think some investors are taking a “wait and see approach” to financing although I must say PANR has probably not been is as strong a position as it is now with regards to financing options.

Posted on the ADVFN BB in December - even more relevant today - the valuation has got to correct at some point if they keep executing.

"New PTAL note by Zeus is available on the Research Hub. Written by someone who's just got a dictionary for Christmas, there's no new news, but instead, the thrust of it is in the first paragraph

Despite a degree of share price underperformance over the course of 2024, this has become more acute in recent weeks, with the shares falling to levels not seen since early 2022. Since that time PetroTal has consolidated and grown its Brazil export route, materially grown production, and established a strong shareholder returns programme. We believe the recent price performance is unjustified, and provides an attractive entry point based on both our NAV and peer trading multiples, and on the upcoming 2025 programme.

It changes the target price to 95p from 97p based on higher erosion control works. and concludes

Overall, it is our view that while the share performance for most of 2024 has been unjustified given the progress the company has made, recent performance has been particularly egregious, and current levels represent an attractive entry point for exposure to the work programmes, cash flows, and shareholder returns coming up in 2025."

The only slight irritation for me is the buy-backs and the continual reference to shareholder returns (via buybacks). There is no return - the buybacks are completely gobbled up with Management Share Awards with around half of them going to the CEO alone. IMO his pay is excessive and I would like to see the rest of us shareholders benefit from the buybacks.

I received my dividends and calculated that 15% withholding tax was taken off. I had to fill out a 8-WBEN otherwise it would have been 25%.

You also have to request a tax csrtificate as it is not generated by default.

"The Megrez results have no bearing on the current SP" - I'm not sure many in the know will agree with that. First off from what we know soo far - there is a chance PANR could up their estimate of recoverable resources. Secondly this is a conventional well and the results of the flow test could be quite material as far as SP is concerned. The results could also expedite/unlock financing solutions which should be a game changer.

bob,

******s are not supposed to be paddling canoes - pack it in son!

"Strange timing" - maybe, maybe not. As Carlost stated - there have been many false dawns here and the Company has a track record of not delivering over many years. You've got to admire someone for deciding to cut their losses in the face of more carrots !

There appear to be a new report out from the broker - does anyone have access to it - its behind a paywall.