PAN panoramic resources limited
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News: PAN Panoramic Resources Says FY23 Guidance Will Not Be Met

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    14/06/23
    09:25
    Post #: 68273134

    June 14 (Reuters) - Panoramic Resources Ltd (PAN) :

    • FY23 GUIDANCE WILL NOT BE MET
    • REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO DELIVER 3,100 - 3,400T COPPER
    • REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO DELIVER 5,400T - 5,800T OF NICKEL
    • SEES FY23 C1 COST OF A$13.00 - A$13.50 PER POUND OF NICKEL
    • REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO DELIVER 350 - 400T COBALT
    • AT SAVANNAH NICKEL PROJECT A NEW CRACK EMERGED IN PRESSURE PLATE THUS, PROCESSING OF ORE & CONCENTRATE PRODUCTION SUSPENDED
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