The below chart compares Nickel price (yellow) to MCR price (blue) to PAN price (candles) since the WSA board unanimously agreed to the scheme on December 16, 2021.
PAN - down 3.8% MCR up 36.3% Nickel up 25.2%.
MCR is not a producer yet, but PAN is. MCR MC way higher than MCR.
Looking forward to the WA borders opening up so that more labour can get the mill feed stock up to allow a quicker ramp up than forecast.
PAN Price at posting:
25.5¢ Sentiment: None Disclosure: Held