PAN panoramic resources limited

STUNNING RESULT on all levels, BULLISH Production UP 56% Ore...

  1. 11,016 Posts.
    lightbulb Created with Sketch. 4630
    STUNNING RESULT on all levels, BULLISH

    Production UP 56%
    Ore mined & milled UP
    MILL pumping strong UP 25%
    COSTS slashed by 39%, WOW.
    NI grade UP 27% to 1.18% (BFS was 1.23%)
    Ni grade % 1.18 0.93 27%
    DEBT DOWN $3.4M also
    CASH still large at $42M

    Cashflow reduction not as bad as market expected at this crashed SP and large chunk on MILL repair and production time lost for MILL repair despite dropped NP from 11 to 8.35

    WELL DONE VICTOR

    I told you so, Victor is a LEGEND & showing up prior flaccid CEO Harold what for.
    I predicted slashed costs and better grades SPOT ON.

    Victor is now focussed sharp on cost cutting and production and mill performance
    And the results prove the market has got PAN all wrong
    the market predicted high costs and no change in performance and shuttering of production but its the exact opposite,

    WELL DONE PAN & VICTOR
    Keep producing and outperforming markets lowball expectations
    Market starting to realise its way oversold PAN comparative to other Ni stocks like MCR WSA IGO BHP

    PAN at this production level is outproducing MCR at $760M valuation at a pathetically low valuation of $110M and it has a 1.5MTpa MILL which MCR DONT HAVE.

    4c is a ridiculously low SP imho
    PAN should be at 27c on this production and performance

    PAN WILL RUN imho
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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