PAN 0.00% 3.5¢ panoramic resources limited

Poor Peter Harold, lost his super and all his 100M shares here...

  1. 9,743 Posts.
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    Poor Peter Harold,
    lost his super and all his 100M shares here for nothing.

    He was saying PAN was a screaming buy at 10c now 0.0c

    PAN could be profitably producing
    current NP of aud$32,000pT
    production of 6500Tpa
    = $208Mpa revenue
    = profits of $80Mpa
    PER = 1.28

    WSA PER was 39.0
    IGO PER is 20.83 (current 6000/288 ebitda)
    PAN prior PER was 6.5

    1.28 PER is ridiculous low undervaluation imho.

    PAN BOD and CEO pulled the plug too early, even if they loss produced for 6 months Oct to March till now they would now be profit producing all of April & May by 35% margins now & still had $40M cash at bank to weather the storm.
    They got suxed into thinking this NP was going to stay low for 10 years when it was a pathetic short 6 months.
    BIG SHOT & Trafigura punk'd the PAN BOD totally.

    RESTART & RELIST NOW !
 
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