IsladarThe share buy back is in place as per the...

Isladar

The share buy back is in place as per the announcement

20.7 million shares

No announcement has been made to alter this

PAN hopefully will be making money from the sale of nickel

Nickel has risen over the last couple of weeks
on the back of hopes the ECB and the US will print soon.

If this happens Nickel will be at $8

PAM have $38 million in cash and $79 million in recievables

Enough to kick Gidgee along for awhile

I would doubt there will be much buying of assets in the next 6 months or I would hope so

I don't see much diference to MCR

Except PAN is on a bigger Scale

MCRs result is a loss if you take the 2 cent divvy into account

Less expenditure by PAN will help the balance sheet I hope

The focas needs to be on keeping costs down while prices are down

IMOO