PAN is down because of weakness in base metal prices and fears that inflation and labour shortage will erode margins further.I wouldn't worry too much about selling a couple of cargoes cheap. PAN is in a good position to see this through. Very low debt service burden. No capex needed. Operations outsourced.
Long term Ni, Cu, Co are strong
Mine life extention is very possible
Cash is coming in doorIGO andand Wyaloo lurking around
I will stay put and ride this storm out. Perhaps pick up some at 18c
PoN, page-34
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