Member Info for Xataxx

Shorts>>>hills

Encouraging to see management moving in the right direction - this morning's news is positive and we hope for traction ahead. However, management must still deliver concrete results through signed agreements: JVs, non-dilutive funding, and similar deals.

Market confidence remains low. Whether the share price reaches 1p or 2p remains to be seen. I'd be pleased to see 0.50p crossed and surprised if it exceeds 1.10p.

Still holding and considering adding more, especially as the bid has dropped - I can now buy 7m shares for £600 cheaper than just 40 minutes ago. This could be profit-taking or the market still viewing this as 'jam tomorrow' promise. GLA & hope we will see good times ahead.

There is no news does not mean its bad news. Let the impatient ones sell and move on. Been here before seen it. I will hold. DYOR.

Massive loading in enroute. How is the L2 looking anyone ?

Some important aspects missed when compared to pipelines built 55 years ago. Since then we have advance machinery, AI, tool & techniques. Timelines will be cut short having said that, a project should be sustainable and well funded timelines can vary.

It's been a while since I posted here. Happy with what the BOD is doing compared to the past performances. The BOD is likely to use Uber services like (WCE) or similar with other projects. Not the best approach but it will be profitable for all if shares are bought at the current price point. I believe the BOD has the mentality " Why buy a cow when you can get milk" GLA.

Slow and steady wins the race. This time around the build up in value is expected to be solid and not just on bare bones. Been adding a little by little. GLA

This is class of a quality company who are not just sitting on their hands. Shows the intent and goals. Excellent. Once the resource is proven further the SP well.... ( Sky is the limit)

Sirmark. You are spot on. I was thinking the same. The SP is likely to run up to 40s in the short run and settle around mid 50s before further reports come from PANR.

Greez- Don't get excited mate. Show me "Well" it meant.

Hi All, I ran a very conservative model through tools I use and arrived at a very conservative model. It considers additional funding, delayed times lines, 50% discovery of moveable hydrocarbons.

Based on the current UK market cap of approximately £250 million:

Conservative growth multiple: £1.16 billion ÷ £250 million = 4.64x

Financing Considerations

A conservative approach would consider:

Potential dilution from additional share issuance to fund development

If Pantheon needs to raise an additional £300-500 million before production

This could result in 50-100% dilution of current shareholders

Adjusting for this dilution would reduce the per-share potential to 2.3-3.1x current levels

Timeline for Valuation Realization

Under this conservative scenario:

Initial value recognition: 2026-2027 (after successful appraisal drilling)

Significant valuation increase: 2028-2029 (as development plans finalize)

Full valuation potential: 2030-2032 (as production ramps up)

Summary of Conservative Market Cap Potential

Taking a conservative approach that factors in realistic timelines, potential cost overruns, technical challenges, and appropriate risk discounts, Pantheon Resources could still achieve a market cap of approximately £1.16 billion if it successfully discovers and proves commercial viability for 50% of its estimated oil resources.

This represents a more modest but still significant increase from the current market capitalization of approximately £250 million - approximately a 4.6x growth potential. After accounting for potential shareholder dilution to fund development, the per-share return could be in the range of 2.3-3.1x over the next 5-7 years.

This conservative case still represents substantial upside potential, but with a more realistic view of the challenges, timelines, and risks involved in bringing an Alaska North Slope oil project to production.

Stat20, The company has become high risk after the recent events.

I dont blame the company for it entirely except their tone should have been less bullish or more muted toward mergrez-1. At the current SP level risk is lower than the reward ( If Dunhe-1 proves) expect re-rate. For example if Dubhe fails SP is likely fall to under 5p and if its successful I expect it to go over 70-80p (setting positive tone towards Kodiak)

Stat20, It is an exploration company inching towards becoming a producer. If one wants certainty then this place is not for them. I hope the below differences explain why Pantheon says "low risk"

Key Research Differences

Resource Classification:

Megrez-1 targeted unproven prospective (2U) resources requiring confirmation, while Dubhe-1 will target already certified contingent (2C) resources that have been independently validated.

Research Methodology:

Megrez-1 involved extensive exploratory analysis including cores, logs, and flow testing to determine potential, while Dubhe-1 planning is based on more advanced modeling and established resource estimates from independent experts.

Commercial Analysis:

Megrez-1's economic potential was speculative and dependent on successful exploration, whereas Dubhe-1's development is supported by detailed commercial analysis showing a $1.74 billion net present value for the western topsets.

Technical Assessment:

Megrez-1's testing revealed challenging reservoir properties requiring extended flow periods, while Dubhe-1 targets areas with proven flow characteristics that have already been logged and cored in previous wells.

Strategic Integration:

While Megrez-1 was primarily an exploration effort, Dubhe-1 is fully integrated into Pantheon's broader strategic plan for the Ahpun field development and Alaska LNG pipeline project.

I agree with Stat20. Uncertainty is there but as the company suggested it is a low risk. Pantheon need to regain investors confidence by physical evidence. Show me, Show me, Show me.

Dubhe-1 well will either make or break the deal for Pantheon. If the source proves there will certainly be a re-rate until such time in my opinion Hold or average down. DYOR- GL.

Https://notebooklm.google.com/notebook/ec0f83d9-d466-444f-b0c0-8d9ddb98d81a/audio

20 minute podcast on Dubhe-1 well.

A lot of value will be added to this stock at a macro level and that would involve Japan/Korea/Taiwan. Mr Trump's recent visit to the middle east and Asia is bringing US extremely large investments. He means business.

Those who are asking why and when, its best to watch the webinar. You will only make an effort if you are invested. I am satisfied with the webinar and appreciate PANR's proactive financial planning and management. They tried and stopped without wasting anymore money on Mergrez-1. Lesson learnt but remember this lesson will be very useful for the company in the future. Back to the original proven contingent and low risk resource. Happy with the webinar and thanks for asking useful questions.

Wow- so many advocates here.

The 1.6 billion resource was not scrutinized like this in the past but... Hey Ho. I will switch off for a few days for scare mongers to move on. Management needs to put this right.

Kim- Grow up mate. Your posts and agendas are screaming shorts.

When you invest in Oil discovery firms you are not guaranteed success but in PANR's case they are already sitting on 1.6 billion barrel. What they are trying to find is more and more which obviously has hit some dead ends. You won't understand because you are looking for quick short terms gains. Good luck.