This is where we should hold management to account in my opinion. (We tend to give management more credit than they deserve).
Bottom line is that none has been able to explain how some of the cost metrics have moved up between about 28% to 40% (In 6 months) while both diesel and shipping are lower than the numbers in May of 2022.
Anyways, the market is speaking today and concurring with my concerns of this morning. Buying at $0.18 now.
PAN Price at posting:
18.0¢ Sentiment: None Disclosure: Held