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The last time we had Jason in the London studio was back in November 2022 and he did not hold back for sure. The market Cap was then £2 million, and the shares have gone north since then, what a cracking couple of months.

We said then that Marula Mining PLC has an experienced team with a proven track record across the entire project development pipeline. Collectively, they present an in-depth understanding of the mining and exploration sector.

What we did not expect was the rapid progress the company would make in such a short space of time. The company should be putting out a formal update next week RNS to confirm work is underway to trade on the AIM this first quarter.

Thank you to Jason for chatting with us from Kenya, and it looks like 2023 is going to be an explosive ride for holders.

Marula Mining PLC (AQSE:MARU) Chief Executive Officer Jason Brewer talking to Share Talk

January 26, 2023 12:02 pm

YouTube Video VVVvVU1SVThzVTdJMWRnTFc4WWNXMWdRLkxnbW1YWmFMdlRn

Marula Mining PLC (AQSE:MARU) Chief Executive Officer Jason Brewer talking to Share Talk

Share Talk January 26, 2023 12:02 pm

$About the Webinar In this Webinar, the management team will provide further detail on the interim results and subsequent analysis and interpretation of the Alkaid #2 well, together with a detailed Q&A session. The presentation includes certain updated information including: 1. Rig mobilization for cleanout of blockage at Alkaid #2 Pantheon confirms that the Nordic Calista #2 rig is scheduled to mobilize to the Alkaid #2 location tomorrow. Once on location, it will be set up prior to pulling the tubing and packer from the wellbore and commencing the cleanout of the sand blockage. Operations for the cleanout are estimated to take approximately 10 days and the rig will remain on location all this time in case required further. 2. Alkaid #2 analysis and update Subsequent to the Company’s last update on Alkaid #2, detailed analysis has been undertaken to better understand the higher than expected gas production. Pantheon has undertaken extensive analysis with SLB (previously known as Schlumberger) and other consultants and have collectively concluded that the frack has possibly intercepted a gas cap at the extreme updip portion of the Alkaid anomaly. The possible gas cap is not significant, estimated to represent approximately 2% of the gross rock volume of the Alkaid resource, yet would explain the gas production volumes. Analysis suggests this possible gas cap could be avoided in future wells by positioning the lateral sections a little deeper in the reservoir. Analysis has also confirmed that the entirety of the lateral section of the wellbore is in the oil zone. 3. Modelling of potential commerciality of Alkaid In order to demonstrate potential project economics, Pantheon has developed a conceptual development model for the Alkaid anomaly (not including the shallower Shelf Margin Deltaic (“SMD”) formation which is also oil bearing) based upon the actual flow rates (137.5 barrels per 1000 ft of unblocked wellbore – and for conservatism ignoring potential improvements to flow rate that may arise as the well cleans up beyond its present 40%) and actual hydrocarbon mix (oil, NGLs & condensate) detailed in its announcement of 30 December, 2022. At current pricing, this production stream would generate approximately $40,000 per day in gross revenue once facilities are installed to separate and capture the NGLs and condensate. The modelling(1) which was undertaken for illustrative purposes only, supports that the Alkaid project can be commercial at current production rates and hydrocarbon composition. A sensitivity table is provided below showing NPV’s and IRR’s at various pricing scenarios. Alkaid is highly leveraged to improvements in flow rates and product pricing. 4. Pricing of the liquid production stream at Alkaid #2 A detailed analysis of the valuation of the components of the liquid hydrocarbon stream at Alkaid#2 has been undertaken and it is estimated that the current production mix of oil/condensate and NGL’s would achieve +80%-90% of the Alaska North Slope Crude price (“ANS crude”). ANS crude usually trades at a premium to WTI. Some of the more valuable NGL’s known to be present but which were not measurable at this point have been excluded from this calculation for conservatism, but would be extracted in a development scenario, providing additional upside. Additionally, should the ratio of oil continue to improve as the Alkaid#2 well cleans up beyond the present 40%, then this would provide additional upside to the modelled numbers above. https://www.share-talk.com/pantheon-resources-aimpanr-alkaid-2-webinar-and-update/$

Pantheon Resources (AIM: PANR) Webinar Presentation and Q&A 24th January 2023

January 24, 2023 7:45 pm

YouTube Video VVVvVU1SVThzVTdJMWRnTFc4WWNXMWdRLlhXQ0xiQmxpSWZ3

Pantheon Resources (AIM: PANR) Webinar Presentation and Q&A 24th January 2023

Share Talk January 24, 2023 7:45 pm