I think this is it, I’m back in for good. If you could get in 13.5 to 14.5c now is the chance. PoN looks to be on track to reach new heights. PAN just has to wait for it to past 8.00/lb and it should be profitable on its first year production of around 5.6 Kt. Cash at 30 Sep was 27 million. Panton Sale complete for 12 Million. If cash burn say 9 Million to 31 Dec 2020, I’d say 25 to 30M cash at end of Quarter. If as they say, offtakers willing to fund start by way of advance payment, this will be great news therefore no capital raising through bank or equity required. Hope this is it for LTH of PAN.DYOR
PAN Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held