Ann: Record Monthly Ore Production at Lanfranchi, page-2

Looks like we are on track for a bumper year.

AU14m added cash in just 2 months which is as much as the recent cap raise.

No debt.

WSA pruduces about 5k more Ni than us at about half as much cost per pound.

They have AU175m in cash but also have about AU220m debt and an unused facility of AU125m.

Even though PAN's grades are lower we are easily on track to have over AU100m in the bank at years end both these companies pay about a 1 cent divvy.

I still think we are undervalued at these Ni prices and i think Commsec have over a dollar valuation on us.

These new grades in exploration at Savannah seem a bit better than what PAN is milling now so fingers crossed.