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entropylord

13,988 Posts.

1055

08/05/23

12:24

Post #: 67656795
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Originally posted by entropylord: ↑

Yes the market is forward looking, but the squiggles are in the view vision.

I am buying (cautiously) as I am increasingly confident that they will survive the ramp up, pay the debt due in December and continue to generate cash flow. That is from my forward look.

As for the squiggles, they don’t look inconsistent with that view. Looks to me like they indicate the market has just about finish swallowed it’s dose of reality wrt PAN, acknowledge that it is a relatively high cost miner.

If you overweight on the squiggles then you’ll always be a follower.

EL

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Bloody auto word changers! Rear vision not view vision.

PAN Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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