#PANR $PANR The Big Short! PANR shareholders have just been played. Well done Shorts, Rnd1 to them! It's a fact that all these shorts were placed some time ago under stealth, in a stock information vacuum, in a weak market, amongst Director selling.
Online attacks + cream on top from MW on the weekend has equaled major shareprice weakness.
$PANR has now fallen 50% since Aug, but there is now in my opinion NO real edge on the short trade coming into a major binary event. Red or Black is better odds!
Nov 14, 2022 • 12 tweets • 2 min read
$panr #panr
Short Selling Situation
PANR is a soft target for short selling especially for investors who don’t specialise in the energy sector and especially for a company whose track record, pre-Alaskan acquisition was not good.
Oil company valuations on emerging producers are based on its resources – not earnings or cashflow – its about Net Present Value of existing resources. In simple terms $panr has discovered a very large resource (in the billions of barrels) that needs to be tested
May 27, 2022 • 16 tweets • 4 min read
@BurggrabenH@contrarian8888@Scot126126@equivestinvest@AIMhonesty
1/This is how I see the facts rather than the “noise”. PANR have delineated a “tank”of oil that is in excess of 20bbbls onshore USA.Massive on any scale and among the largest onshore oil discoveries in world!
2/ Recoverable reserves will be 5-20% depending on what happens next - ie Alkaid,looks like the first production test of the Brookian sequence in this area