Panoramic Resources (PAN) - Macquarie have an Outperform recommendation with a target price of 100c. PAN has secured their tonnage requirement from BHP for Lanfranchi in FY15. The broker says it’s a little below expectations and as a result they have lowered their production forecast. Despite this, they still remain positive as the company is expected to step up nickel exploration this year.
Panoramic Resources (PAN) - Macquarie have an Outperform...
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