Hi All Looks like next boat on time. Production rampup must be...

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Flippa01

3,068 Posts.

4564

04/03/23

13:05

Post #: 66600985

Originally posted by Flippa01 ↑

Another bulk carrier coming into Wyndam Port and once again only 3 weeks after the last.

Expected ships in Wyndham

ETA by AIS Vessel Dist./Time to go Last port Built GT DWT Size (m)

1 Feb 4, 06:00 KHOI VENTURESBulk Carrier 2012 17019 28207 169 x 27

If this ship is picking up more PAN concentrate ramp up is happening very sucessfully.
The increase in concentrate production goes hand in hand with reports from Sep qtrly on pg3 with ore fronts opening up in 2nd qtr FY23 at Savannah Extension.
Also the planned and opportune works , also reported in Sep Qtrly pg 5, of mill relines, power station work, new float feed conditioning tank at feed in conjunction with new paste plant installed and commissioned in Mar22 qtr may be paying the dividends SHers and PAN hoped for. The old adage of you have to spend money to make money applies here as at all mining operations.
PoN holding at around US13lb during the increases of the last qtr, copper increasing nicely to between US4.20 to US4.25lb, cobalt at US49000/T.
Consistent money flowing in at these rates means debt being repaid in a more timely fashion should be on the cards.
Lets see what the Qtrly brings in the next few days regarding AISC And the general health ( financials) of PAN.

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Hi All
Looks like next boat on time. Production rampup must be going well and a solid 3 shipments for this Qtr and this the first one to Trafigura with this Statement from Ann in Feb:-

§ First shipment to Trafigura as part of a five-year concentrate sales agreement will depart in midMarch on improved payability

Expected ships in Wyndham

ETA by AIS Vessel Dist./Time to go Last port Built GT DWT Size (m)

1 Mar 11, 16:00 ROJAREK NAREEBulk Carrier 2005 17951 29870 171 x 27