Good to see old mate now realises we are a non operator ..... 1)...

Good to see old mate now realises we are a non operator .....

1) PANR share volume currently sitting around the 5-10M shares a day - wouldn't take more than a few days to sell our 14.3M shares on market if required - worth noting a major shareholder has sold a fair few PANR shares in past weeks and months during which time the SP has doubled .....

2) Drilling plans L#3/L#4 CY 2022 - GC#21 remediation mid-2022 -

3) Top heavy management earning $4M year or less than ~15% of the next years expected FCF ....

4) Non operator - good to see you have done some research and realise we are a non operator than a non producer.

5) Shareholder is a billionaire - has bought in MD to achieve liquidity events which are 50%-150% premium to current SP.

6) Not sure but in my world a 50-150% premium to current SP can be considered a fairly sound return on investment from the current SP levels.

7) GC#21 remediation costs expected to be $4.75M net to OEL. OEL current net cash balance ~$5M with its liquidity position growing $80k day ($2.4M month). Not sure this will be a problem ..... quite ironic a BYE holder coming on here to highlight OEL will have an issue affording a recompilation next year when they don't have enough cash to pay for their current drill .....