Leaving aside the accuracy of the movement PAM 111 V3 is more accurate, and with less issues in general.
But they are very different watches, and if you continue in this hobby you will get both soon.
ALE
Both are exceptional watches. Personally, I do not like the 292J from Noob due to the 1) weak ceramic crown 2) poorly shaped pig 3) price. The review that was done by toro some time ago is a bit biased... not sure why.
If it's your 'first pam' I would go with the 111.. and if you prefer to get a rad then go for the H factory verision 292J... heck do yourself a favor and get both
I'd say 292J first. It has more bells and whistles than 111. Ceramic case & crown, more stuff to look at on the dial.... it's definitely not an ordinary watch.