With the grade they are mining it would make sense to shut down (c&m) until Feb 2024 at least. Nickel prices are atrocious but there are multiple share site forecasts of a resurgence in price next year, likely a 33% rise. Question is, what will the maintenance cost? The last CR was to clear the accumulated debt. Maybe they'll spring another to keep the mine under care for six months. It would be at 3c with options perhaps?
PAN Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
