Hey Chinkiat,
I was at PAN agm last week, and can tell you Copernicus wont be starting anytime soon.
PAN are really watching their costs just to make what they are already producing barely profitable.
So unless there is a sustained rise in nickel price copernicus wont be ramped up again anytime soon. Forecasts for nickel price over the next 12-18months also support this. They intimated that they could ramp it up but it would be for the barest of margins, so would basically be wasting a resource away.
PAN still have their holding in thundelarra too.
ngalia uranium jv, page-12
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