PAN is practically a nickel pure play - it is directly linked/pegged/correlated to the nickel price. Whatever happens to the price of nickel, happens to PAN as well. I have attached a chart with the price of nickel in pink to show this correlation.
Stay calm - sub holder is still accumulating and PAN is just going into an 'orphan' stage. Fully funded to production with a great setup that removes the need for huge infrastructure/capex spend. Gotta be patient with this one, if you're bullish nickel then you're bullish PAN.
Why the selloff?, page-7
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