PAN panoramic resources limited

poor share price, page-48

  1. 11,188 Posts.
    lightbulb Created with Sketch. 4641
    BOTTOM IS IN
    looks like, Or cant be far off.

    NP rebound due soon and NP at 9.80 - way way above the DFS estimates so revenue will be way above that estimated. Also the cheaper it is the easier IGO can mop it up using that cash they hold.

    IGO Underlying Free Cash Flow A$ M 209.8 (82.5) ▲ 354%

    IGO has $210Mpa free cashflow currently then add in another $100M from WSA operation thats $300M pa
    IGO also has $440M cash and $1B debt with a credit line so they could swallow PAN in 1 year using just cashflow or just use the cash at bank and still have cash leftover.

    IGO must be looking on eagerly at these 18 month lows.
    You need steel b@lls to get in here. Not for the faint hearted but for the brave.

    BUYZONE 13-17 is here imho.
 
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