PAN 0.00% 3.5¢ panoramic resources limited

Nickel prices going ballistic, page-7

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    You never receive 100% of the spot NP for concentrate sales. Using the same inputs, the margin would be more like ~AU$3.00/lb -- better than presently, but not AU$6.00/lb.
    (Calcs: US$7.50 (AU$11.19) * ~70-75% payable = say AU$8.20 (range of AU$7.85/lb (70%) to AU$8.40/lb (75%)), less US$3.50 (AU$5.22) = AU$3.00/lb).
    Last edited by zebster: 11/08/19
 
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