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Bayer3

116 Posts.

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17/11/23

12:13

Post #: 70960925
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Originally posted by ccdavid: ↑

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.

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Thanks for the thoughts and comments.

PAN Price at posting: 3.5¢ Sentiment: None Disclosure: Held
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