Should be at 20c with this production 5ktpa way above that of MCR 4ktpa at $760M MCap.
Almost a quarter of MCR Mcap.
Cant stay this cheap forever.
Im sure AF IGO BHP running the ruler over it at these prices as they continue to sweep almost all Ni producing assets in Oz to continue their oligopoly.
Theyve taken OZL WSA SIR MCR already
(PAN was bid for before too by IGO at 47c)
PAN is controlled 33% by AF IGO Zeta already
Not much left of the register to take imho.
PAN Price at posting:
10.5¢ Sentiment: Hold Disclosure: Not Held