ZETA may offer CASH to keep this affloat while the Strategic plan is being imlemented. Trafigurra may have demanded repayment of debt as PoN is sinking and PAN will not be able to pay debt and sustain operation at the same time. I remember this situation with Macquarie Bank and ZETA was on the rescue. PAN is still a very profitable Mine, they are on the brink of turning this around when again PoN hit it. If this goes admin, hopefully the administrators will do a good job marketing PAN for potential buyers for as long as it take. I remember MBN mirabella went admin for more than 6 months but PoN then was a low $5/lb and no EV revolution to look up to in the years to come. For Long holders sake, not all is dire. I know this times are very difficult for you guys. You will get something in return. Good Luck. All the Best.
PAN Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held
