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1.4¢ argo exploration limited

Ann: Pantheon Resources Plc Operational Update-AXT.AX, page-13

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senderos

2,145 Posts.

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19/05/17

23:03

Post #: 24806889
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Originally posted by straykiwi ↑

PANR has two sets of results now due, one in the next day or few days, the other very shortly after. Then we have three wells to be drilled, gas pipeline connections to be made, with sales income starting. This should be done by August. So far PANR has had its 5 drills, each with gas or oil being found, a quite outstanding record. The massive step out well in Tyler County discovered gas in Wilcox. The Tyler step out is one to be drilled this summer with the previous drill in Tyler greatly adding to their knowledge. Income by end of August will set PANR on a totally different level. Excellent stuff coming up with so much news flow for five months but should also mention that until we know that wells in Wilcox and Polk flow successfully nothing should be taken for granted - if either or both failed then we would be marked down mercilessly.
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Panr rns out and boy it's alive and kicking. Up 24 %. The guy who bought axt at 2.4 cts will be laughing all the way to the bank. I have averaged down but not that low. Pound getting stronger and our investment of 7 Mio PANR all of a sudden looks much better. Should move strongly early next week.

AXT Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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