PAN panoramic resources limited

I would like the company to explain what its going to do with...

  1. 12,797 Posts.
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    I would like the company to explain what its going to do with its great cash flow.
    It has about $30m in debt, $10m in cash and will be paid about $25m next week for the next shipment and regular cash inflow after that.

    I would like them to pay down debt, do on site infill drilling.

    But Please, Please,Please don't let the executives get big heads and fly round the world looking for opportunities that the locals there missed. Panoramic did this last boom.

    Perhaps then the shareholders might get a dividend.

    bacci
 
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