Panoramic need to cut executive pay by 30 to 50% more and get rid of all bonus options.
The market is going to become very conservative and small share holders will watching.
Panoramic is very good at mining nickel but failed to create sufficient cash reserves when prices were high.
At the height of the boom I told a number of companies to raise capital but they didn't listen. What do I know.
Their management of assets might be reasonable. This is a recession and calls for wage cutting.
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