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59 Posts.
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18/09/19
17:44
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Current Panoramic resources is expected to produce 10k pa nickel with cash cost of 2.4usd/lb including byproduct credits.
panoramic resources share is valued at 170m. Odysseus itself requires additional 300m to go into production for 10k pa. nickel.
just a food for thought. If you were in Wsa's position. would you choose to takeover panoramic or invest in Odysseus?
Savannah mine of Odysseus has npv of 400m at 6.75 usd/lb nickel, and 600m at 8usd/lb nickel which is now.
that is 75% discount.
I was once wsa holder and am still. however Panoramic Resources valuation might be more attractive now.
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