Share
7,153 Posts.
lightbulb Created with Sketch. 1077
clock Created with Sketch.
19/09/19
16:22
Share
Originally posted by Xterrorsinx:
↑
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.
Expand
Odysseus will be up to 15k t Ni depending if they tap high grade additional zone not in DFS ? good comparison but I think Odysseus gets the chocolates .. just