No hope for these guys without a new leadership team.
Open Pits had a 3.6g/t (reserve grade) for the past 6 x quarters but has only delivered ~1.7g/t.
Obviously, this is a geology/block modelling issue that sits squarely at the feet of Pantoro.
Given that 66% of the reserves of Norseman are open pit mineable, on past performance, Pantoro will repeat simliar outcomes.
Company needs new Corporate team to get the best out of the asset.
DYOR
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
$3.81 |
Change
0.100(2.70%) |
Mkt cap ! $1.476B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.82 | $3.71 | $1.908M | 508.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 3561 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 1970 | 10 |
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| Last trade - 12.25pm 30/07/2025 (20 minute delay) ? |
| PNR (ASX) Chart |