PAM 10.9% 6.1¢ pan asia metals limited

Ann: Rosario Copper IP Program Start Confirmed, page-2

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  1. 11,046 Posts.
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    This was the view 1 year ago

    https://hotcopper.com.au/data/attachments/6406/6406980-4091ac1410599c36f6fe7a3d1f7df441.jpg

    That's a big call - $15,000/t Cu price in 2025. He did get his rally in the next 6 - 12 months (so Jul'23 - Jul'24) as this 5 year chart shows

    https://hotcopper.com.au/data/attachments/6406/6406988-e35a151a710664d9e723ecf64eb9a5a7.jpg


    Now there are some wise words in this article
    https://www.marketindex.com.au/news/everything-you-need-to-know-about-every-asx-copper-producer

    https://hotcopper.com.au/data/attachments/6406/6406991-dea04c9ba4562b45ec9b60680727c56e.jpg


    PAM - I don't think - is looking to be a copper producer in the next commodity cycle. I believe it wants to find a mine development target at strong point in the commodity cycle that an established producer will want to develop (so someone looking for inorganic growth opportunity from someone (e.g. PAM) that's done the exploration work).

    Luck, timing and skill ... in that order.
 
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