PAN panoramic resources limited

Ann: Savannah Nickel Project Operations to be Suspended, page-2

  1. 3,025 Posts.
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    Significance of this news,
    PAN on my estimate delivered around 32,000T of Concentrate over the 3 Shipments.
    That would have amounted to around 2.3Kt of Nickel plus Copper and cobalt byproducts.
    Too bad, NI price dived down when the company is about to turn around in production.
    Anyway Hopefully prospective buyers see this as good investment in a couple of years
    when Nickel recovers. No surprises here now, PAN can actually produce 10kt/Annum.
    IGO might have to rethink its option. Lose all its holdings in PAN or T/O P.AN for at l;east
    A$ 150M. I sincerely think there will be a return to shareholders at the end
 
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