Pantheon Resources - US Gas Play

My low target is based on the usual MM over reaction upon a P&A at Plum Deep. Moving on Manzano will spud and create interest plus we have Wharton ongoing. Buyers would return quickly IMO.

My upside is conservative too, 800ft of play is massive I am in no way writing off PD it could well go to £3 Its a guessing game.

All I am pointing out is that the upside potential is far greater than the downside at these current levels and with an 800' payzone all to play for.

Pity the ASX rules or we would still be sitting at £1.70ish. Not a Happy Xmas as expected CURRENTLY.