If you were not expecting cost pressures in this inflationary environment in a remote area subject to extreme weather events, then you need a reality check. Input costs would only be a problem with a static or falling commodity prices. However we are in the lucky position of producing the three major new age battery metals that will be in short supply for the foreseeable future. Personally I think this announcement is positive step forward.
PAN Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
(20min delay)