Poor decisions, page-87

No Drilling as yet which is a bugger , With $26 M cash EOQ, would be good to do some drilling but
as below March Quarter Announcement.


Quarterly Report
In addition to these field activities, Whistlepipe Exploration Pty Ltd (WPEX) was engaged by Panoramic during the quarter
to undertake a review of the Company’s regional exploration datasets with the aim to provide feedback on the current
status of exploration, residual prospectivity of the region, potential targets within existing tenure and recommendations for
future exploration. The WPEX review will be completed in the June quarter.
Planned exploration on the Norton intrusion located to the north of Savannah was postponed last year after the WA
Government requested additional consultations take place with other Traditional Owners affiliated with the area. During
the quarter the Company continued to work with the Kimberley Land Council (KLC) in Broome to facilitate this process.
The Company is hopeful that the process will be completed soon and access to the area can occur in 2021.