Yes just as the guidance plan, the first six months will be a low production. The good thing is, they said a minimum of 4 shipment the next 2 quarter including now. Minimum of 4 means we may get 5 Shipments. A two shipments at 10 Kt of Concentrate will give us a possitive cashflow next Quarter of at least $A5-7M. By 2023 Financial (Sep Quarter) it will ramp up to 3 Shipments/ Quarter and thats when PAN will realize its true Market Cap as Per NPV at today's PoN. SP will hover around 24 to 28c for a while till next update I guess. It shouldn't go down further than 24c in My Honest Opinion. If it does, its top up time. See what happens the next few days. DYOR
PAN Price at posting:
25.5¢ Sentiment: Buy Disclosure: Held