Ann: Presentation, page-15

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mdesai

456 Posts.

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16/09/20

10:43

Post #: 47378151
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Originally posted by Bwatson: ↑

I agree with your point that if nickel jump up, it'll be fine to hold, though downside risk is there's not much reason for nickel to move up, as it's well above precovid levels with the market still in oversupply for the timebeing.

That said, I'm still lost what the new info in the report is which makes it a buy though? What's changed it from it's lull to a strong buy?

Institutional/insider buying began a month or so again and we've seen huge volume rise. This could mean WSA looking at increasing, or many other things, but that's not from this report though.

So i am genuinely wondering why this report makes it's a buy, since the comments above say "Not a lot new, but pages 10 & 11 is the focus for me.Strong buy now..." or "just read preso. no wonder its going higher today. nickel #1 metal going forward. cant take that out of steel or EB "

page 10 has the exploration update for drilling timelines and page 11 is restating what we have been told 2 weeks ago?

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Agree, SP has moved faster than any new developments with Nickle or PAN outlook. Players may try to test 12c resistance but it may run out of steam around that. I have exited all my open positions at 10.5c today - PAN gave me good return on short term from positions taken between 6.5c - 7.1c

Good luck to holders. IMHO this may stall at 11-12c and linger there for few weeks before falling back to below 7.4c

PAN Price at posting: 10.3¢ Sentiment: Sell Disclosure: Held
5 Upvote

0 Great analysis

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