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3.5¢ panoramic resources limited

You do realise that you can’t just switch off and on an...

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entropylord

13,945 Posts.

1043

16/04/24

16:05

Post #: 73371116
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Originally posted by tomboy: ↑

The NP is now higher than when they were still producing & trading halted~ 30 October 2023.
NP is today 8.10

In fact the NP is now 14% higher than when the administrators shuttered the mine on C&M on 8 Jan 2024, see below.

IGO must be interested in PAN as NP recovers rather than losing its $45M cash & PANs $40M cash at bank to the accountants. IGO can control Trafigura using its current deal with Trafigura at Nova and its cash at bank.

As NP spikes back to market price, PAN ought to be worth a lot lot more than this imho.

NICKEL Price

17,852.50
+81.50
+0.46%
02:25:20 PM EDT 4/15/2024 MI Indication

Jan 8 (Reuters) - Panoramic Resources Ltd (PAN) :
SAVANNAH NICKEL PROJECT OPERATIONS TO BE SUSPENDED
ADMINISTRATORS HAVE DETERMINED THAT OPERATIONS AT SAVANNAH NICKEL PROJECT WILL BE SUSPENDED OVER COMING DAYS

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You do realise that you can’t just switch off and on an operation like that. Plus serious money imho to address problems becoming apparent at the operation. Eg the root cause behind the filter press fiasco?

Dream on, Savannah aint reopening any time soon. Better for you to just keep fruitlessly ramping POS, like with TRY and MBN before that.
PAN Price at posting: 3.5¢ Sentiment: Sell Disclosure: Not Held
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