Fair price - Assessment as to the real value

Hi all
I am new to PAN and recently sold my entire Nickle stock (MCR portfolio) to AF; although I got badly burned with MCR but don't mind provisioning some funds back into Nickel Stocks.

I was watching PAN since it was 15c/s and with the SPP at 5c I am pretty sure that's the new ceiling beneath the price? Does anyone agree or people have different views?

In essence what's the upside and downside with this co? - are we anticipating more dilution and reduction in SP or envisaging a price hike? over what time period?

I am genuinely keen to do something here and only interested in facts not sentiments and appreciate not using this thread for ramping.

Many thanks
Payam