I would be very surprised if any large mining house is even looking at PAN. OZL and even more so MMG, want large long life quality assets. Not a high cost, short mine life mine that is subject to commodity price swings.
Both OZL and MMG would want assets that will still make money in a depressed environment.
Would laugh if I was proven wrong, however X2, OZL and MMG are NOT looking at PAN. Unless they are in the business of losing money.
PAN Price at posting:
33.0¢ Sentiment: Sell Disclosure: Not Held