Not trying to be negative because I am actually quite bullish on PAN, but it is possible that the next shipment could be delayed slightly due to the suspension of trade of Nickel on the LME. The offtake partner may have requested a pause on the next shipment until such time as the commodity trades again, hence the comment earlier about the trading to recommence is music to my ears. I can see all sorts of commercial implications from the buyers side with the suspension of price causing their feet to drag on signing off and obtaining the LC, which in turn would delay PAN from committing to the charter of the vessel. In the grand scheme of things nothing but a speed hump as we keep ploughing forward with our mining operations.
DYOR IMO
PAN Price at posting:
29.3¢ Sentiment: Buy Disclosure: Held