PAN is up 5% after news of the closure yesterday...that doesn't sound like much of a disaster to me, especially when they are rising against a 1.58% fall in the rest of the market.
THX is down 29%. I note that PAN and THX are joint owners in the Copernicus Nickel mine (that closed).
Mind you, the more mines that close the better ALB is placed to continue operations and the higher the Nickel price is likely to go.
Robert
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