Victor has outperformed the prior stalling CEO Harold by miles.
Trafigura now has the offtake and costs are dropping fast as output increases & NP rebounds.
Costs will continue to drop imho as Victor focuses on the expense side.
DFS BFS are just estimates and the real situation as to production & costs are discovered when you are actually producing as MCR discovered to its detriment.
PAN is 35% controlled by IGO AF Zeta.
I think IGO will bid again.
PAN is only 1 of 2 left ASX listed Ni mining/producing stocks in Oz that is independent of the big 3 being BHP IGO AF. IGO bid for PAN at 47c only a few years ago and withdrew.
I am convinced that a suitor is capping this stock so they can bid cheap for it eventually & I suspect its IGO or AF. We saw recently in MCR & WSA that their SP dropped away and then IGO/AF bid cheap for them cheap.
PAN is a takeover target imho.
I think PAN SP is being manipulated and capped imho.
PAN Price at posting:
13.5¢ Sentiment: Buy Disclosure: Not Held
