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Until we have the money we won’t be drilling, simple. I have confidence in Jay, David and Bob to deliver that’s why I continue to hold, what for me, is a large investment. My advice to all is if you can’t say the same move on.
Olderwiser thanks for your post. I have no expertise in the oil industry, I am invested in this company based on my judgement of the integrity and expertise of the three principal directors of the company, seeing Troughsnout’s post of 17.09 and comparing the two reports referred to I immediately thought I was not being asked to compare like with like. You have confirmed my none expert view. My sense is that Troughsnout is being less than honest.
Kever I have followed the companies progress over the last number of years and I cannot recall any reference to asset backed finance until very recently. What evidence do you have that supports your view such finance will not be obtained.
Jay Cheatham is a highly competent and successful oil man as is Bob Rosenthal who have done tremendous work to put Pantheon on the road to success. David Hobbs is an excellent addition to the team whose marketing skills and his contacts are very welcome. Onwards and upwards!
Excellent Webinar! It was good to hear there is activity in the data room, no guarantee of course but I can’t help thinking that the unspoken objective is to achieve a deal with another company to develop the asset sooner rather than later. A good reason to remain invested.