PAN 0.00% 3.5¢ panoramic resources limited

All noise with variability in previous quarters around milling...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,220 Posts.
    lightbulb Created with Sketch. 492
    All noise with variability in previous quarters around milling and shipping etc. His problem is he hasn't been able to ramp up mining for over 9 months. Needs a step change here to survive the PoN PoC drop and I don't believe he has the answers. He is still burning cash. Had about $15m cash on hand at end of June, raised $45M and now has $43M. Burned through $17M for the quarter. The PoN is way lower over that time frame and heading south. Do the math...he is toast.

    https://hotcopper.com.au/data/attachments/5634/5634714-12a5eead3008cb62fee7882a8210e0e1.jpg

 
watchlist Created with Sketch. Add PAN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.