PAN panoramic resources limited

Will PAN shares fall given high nickel price required and possible correction in nickel price early 2021?

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    Analysts survey concluded that nickel supply is currently in surplus so nickel price could soon correct. However, PAN requires higher nickel prices to be economical. It therefore seems PAN share price is about to fall. Please let me know if I’m wrong or right.
    https://hotcopper.com.au/data/attachments/2669/2669554-1b097d2dfd8f8913bfdc568e0590319c.jpg
 
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