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Today 12:12Price: 17.80
gregpeck71,975 posts
SP recovering, I thought ...

The update was fine... Get VOS online and all nice... Position of relative strength to negotiate farm in terms.. They still have a great asset. O/T check JKX chaps.. I think its about to go on a significant run.. 100p target... And like here, hugely undervalued.
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Today 10:08Price: 17.80
NSTAbz72 posts
RE: Nice update...

"Obviously Align Research will be writing positive notes now and therefore his (it's just one guy doing this called Richard, I think) work can be disregarded as sellout hot air from now on."

It is not a one guy outfit. A simple Google search will confirm this.

"Also interesting to note PANR can't afford to pay him cash."

From the RNS "The Company announces that it has issued 150,000 new ordinary shares in lieu of cash, and at their election, to Align Research for services provided to the Company". Operating words being "at their election". Where does it say PANR cannot afford to pay them?

"He is now part of the ramp ahead of the imminent placing."

Did the bit in the RNS about production commencing in about 10 days escape you?

"and is dependent on flow rates which we all know deteriorate from testing."

We all know? You mean you know?

Try to read the RNS before commenting. Please.
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Today 09:26Price: 17.80
Dol03689 posts
OK

Read it once, placing, delay and extended talks about company, farm in and thought ffs. Read it again and thought it wasn’t to bad. Small share issue for services, work completed in a week and talks resuming hopefully. Now, let’s get some blinkin gas out of the ground and we may be looking at a good company moving forward.
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Today 09:13Price: 17.50
Twisle173 posts
RE: Nice update...

Would a placing be that bad a thing? The company don't have a huge issue of shares compared with some small AIM oilers, and an increase in capital would give the market confidence, so any small drop in the share price would, in my opinion, quickly rebound.
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Today 08:41Price: 18.10
Albino749 posts
Didn't expect that

Well what a down turn in the price.

I really thought we'd be flying.

Good time to buy, I suppose.
Strong Buy
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Today 08:40Price: 18.10
Mike15_105 posts
Hmm

Not the best of updates, pretty much the telling us what we knew. Still believe in the company though.
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Today 08:23Price: 18.10
gorgeousgeorge628 posts
RE: Nice update...

"Also interesting to note PANR can't afford to pay him cash. He is now part of the ramp ahead of the imminent placing."

I wouldn't assume either contention. The reason they are called Align is because they align with shareholders, taking payment for research services in shares.

As for a placing, who knows? I think that there are a lot of people watching and waiting, in the meantime, steady as she goes.
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Today 08:00Price: 18.50
Rhambo2,055 posts
RE: Nice update...

Obviously Align Research will be writing positive notes now and therefore his (it's just one guy doing this called Richard, I think) work can be disregarded as sellout hot air from now on. Also interesting to note PANR can't afford to pay him cash. He is now part of the ramp ahead of the imminent placing. Other than that a textbook AIM weather delay, which *could* cover overheads, but for what? The project? The pipe? Certainly doesn't sound like corporate and is dependent on flow rates which we all know deteriorate from testing. Jam tomorrow.
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Today 07:44Price: 18.50
gorgeousgeorge628 posts
RE: Nice update...

A "holding" RNS. Phillip's appointment as Chairman is superb news and is something that I had hoped for. As we suspected, any farm-out will not conclude until the Vision take over is complete. "The Company aims to be in a position to execute a farm-in agreement following the completion of the intended legal transfer that grants Pantheon full control..."

The involvement of Align Research is interesting. They are one of the largest shareholders in Mayan Energy (which I remember as Northcote Energy - whatever happened to Randy?) and their recent coverage has rightly been scathing. Their research into Pantheon will be very interesting to say the least as will their on-going coverage. It will mean Jay being interviewed by Zac Mir rather than MGW.
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Today 07:22Price: 18.50
Taran41 posts
RE: Nice update...

plan
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