$PANR $PTHRF. The benefit of the company having raised more $ than expected- as evidenced by the huge outcrop of support in a very oversubscribed deal is that when entering into negotiations to sell the asset a much stronger b/s leaves them in a much better negotiating position 
See last line in the paragraph by Jay Chatheam. Mgmt told me that their phones were ringing off the hook from oil companies that were shocked PANR was able to pull of the fund raise. So for all the naysayers who are upset with the additional few % in diln- and are dumping the
Shares today, if your ultimate goal is to sell the asset to the highest bidder (recall the August webinar where Jay Cheatham said this is our last venture & we want to go out with a big win), you need a strong balance sheet so you don’t get pushed around- be it with a farm out
Negotiation or a big major. & to that extent this additional raise will look incredibly shrewd. (Unless of course you’re the day trader that bot yesterday and are salty about todays px action).
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