Pretty sad to see another mining company disaster on the ASX....

Pretty sad to see another mining company disaster on the ASX.

When Victor Rajasoioriar was appointed to MD of PAN (Oct 2019), I voiced my concerns given his lackluster track record running Echo Resources. Under his leadership, EAR became a vassal company of NST for years before NST bought it. Now looks like PAN will continue to be a vassal company of Zeta and now Western Areas. Of course PAN's problems are not entirely VR's fault, but a string of poorly executed management decisions over the last 12-18+ months.

End result, retail investors gets shafted again & again.