PAN (ASX) Ann: Savannah Development and Exploration Update

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ossieboy

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13/09/20

09:57

Post #: 47298677
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Originally posted by HomeBrand: ↑

The latter buddy...purely my opinion only and drawing a conclusion from Tuesday’s Ann, and when the buying started on Wednesday.

I did have a good read of the mine plan and there were 7 options for the ventilation plus the Ann on Tuesday purely about the ventilation. So I’m thinking it’s a pretty big derisking event once it’s completed successfully. Something which WSA seems willing to pay for (aka wait for the outcome).

But de risking does mean higher SP. I hope to see 7’s again to buy more, but it may not happen.

I’m not an engineer....

DYOR

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Interested follower of Panoramic and their progress.Forgive me if a niave question but with the back reaming to take a further 4 months why would they not ream from the top at the same time as drilling is going on below and meet somewhere along the way?.Does that extra months back reaming hold up work back to production or can production recommence simultaneously?Cheers gltah

Originally posted by HomeBrand: ↑

The latter buddy...purely my opinion only and drawing a conclusion from Tuesday’s Ann, and when the buying started on Wednesday.

I did have a good read of the mine plan and there were 7 options for the ventilation plus the Ann on Tuesday purely about the ventilation. So I’m thinking it’s a pretty big derisking event once it’s completed successfully. Something which WSA seems willing to pay for (aka wait for the outcome).

But de risking does mean higher SP. I hope to see 7’s again to buy more, but it may not happen.

I’m not an engineer....

DYOR

Expand

PAN Price at posting: 8.6¢ Sentiment: Buy Disclosure: Not Held
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