May. 10 at 3:53 AM
$PTHRF a thread worth reading …on Discord by Olderwiser:
Copying in my post from ADVFN/LSE
The short version goes, PANR have a small proven, exploitation-ready reservoir in the ALK2 ZOI. PANR do have some cards
While a reset of the previous reset towards a production-focused company is understandable, given the downward trajectory of PANR's share price at the time. In essence, the value of the various projects/reservoirs is being tested against industries' valuation of the assets. Sensible given the stock market's delivery at the time.
With a multitude of reservoirs at different points in the proving cycle, its is going to be complicated, as industry weighs the components and blends of each they may be interested in.
No doubt Kodiak, as currently assessed by IER is the ../..
https://www.pantheonresources.com/index.php/investors/shareholder-documents/695-lee-keeling-associates-estimate-of-reserves-resources-and-future-net-cash-flow-for-the-alkaid-horizon-within-the-ahpun-field/file