Pantheon Resources (PANR)

Market Summary > @PantheonResour1 LON #PANR 38.60 GBX+7.80 (25.32%)⤴️today19 Sept, 12:23 BST • DisclaimerOne of the set-ups of the year, above 32p & the 200-day line looking for the shares to fill the gap up towards 50p next month or sooner @ZaksTradersCafe

Great news keeps on coming.The All-American Oil Rig 111 is currently preparing to be mobilised and is expected to arrive onto the Alkaid-2 location later this week! #PANR $PANR #PTHRF $PTHRF

Huge amount of L2 support here.

Certainly £1.50 is now a realistic target short term.

In the lastMonth alone, the wxecutive xhairman buys £164k shares. A leasing shareholder buys £2.8million pounds worth. All extremely positive. This will be a multi billion £ Company within 2 ywars or less.

Great news today. And less than 2 months for news on the drill. The longterm shareholder has huge condidence in the pantheon. And so do I.!! A solid buy!!

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has announced a private share placing which will see the exploration company raise sufficient funds to meet a quarterly bond repayment, in cash. The company noted that it would effectively be a “cash-neutral” pair of transactions and the dilution would be "materially similar" to paying the bondholder with shares. "We are pleased to have placed these shares in the hands of an already significant, long-term shareholder that is supportive of Pantheon's corporate strategy for delivering sustainable market recognition of $5-$10 per barrel of recoverable resources,” executive chair David Hobbs said in a statement. “We look forward to sharing more detail on our contingent resource estimates in the forthcoming webinar, and reporting on the re-entry of Alkaid-2 to gather key development planning data, scheduled to occur within the next two months." Some 11.9 million new shares are being issued at a price of 18.78p, a 10% discount to recent pric

Drilling should be commencing any day now. Expect news shortly. Im pretty excited to see what we have down there.

Drilling should be starting any day. Im pretty excited to seenwhat we have down there. Rig Contracted for Shelf Margin Deltaic ("SMD") test at Alkaid-2 “Pantheon is pleased to confirm that the All-American Oil Rig 111 has been formally contracted for the re-entry of the Alkaid-2 well to test the SMD horizon. Pantheon has also awarded all major service provider contracts necessary for the operation. Finalisation of necessary permits for the operation is ongoing, with mobilisation of the rig targeted for September.”

Buy on the dips. A good sell off today to clear out the day traders. A few days and this will jave a solid trajectory.