PAN 0.00% 3.5¢ panoramic resources limited

Ann: Change in substantial holding from ZER, page-34

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  1. 2,523 Posts.
    lightbulb Created with Sketch. 309
    Whats the 300 million shares.Are you referring to ZETA recources.
    ZETA in fact is just a little over Break Even at this prices. ZETA was
    responsible for saving PAN going to Liquidation by lending Money
    through the Options. ZETA is just beginning to profit on its investment.
    We will know when they exercise those options at 16c which will boost
    back their holdings. They were cap at holding 15 to 16% during the 90
    million Capital Raising. This why I think they have to unload some to be under 16%
    Once they exercise the 28 million options. ZETA will be the last ones to sell.
    They were the one who opposed the T/O by IGO of which they hold almost
    37% during that time in 2019.




 
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