Why the selloff?, page-29

First 29 Last

Share
Profile

Follow
zabba198

573 Posts.

211

20/01/19

14:15

Post #: 37168127
Share

Originally posted by CS96 ↑

I think you'll find most PAN holders are here for Savannah, nickel is the main game. Personally I find PAN an attractive investment due to it's minimal upfront capex to get the mine out of care and maintenance (~A$36mil), rather than a ~2yr construction phase with excessive capex. They have also been able to secure their old offtake partner from the glory days. Highly competitive producing Ni at US$3.50/lb, the project's economics really stack up. Resource inv/LOM will be their downfall imo so resource expansion should be a big priority. First shipment due for early Feb so revenues are just around the corner - exciting times.

In terms of the companies Pt+Pd projects, I can't see mgmt really giving them much attention, efforts would be better spent on Savannah as it is full steam ahead. They have stated that a previous company completed a feasibility study on Panton but I can't seem to find it. Imo it was probably pretty marginal and the only justification for considering moving forward with it is due to the synergies/cost reductions from a fully commissioned Savannah. Moral of the story, I wouldn't be buying PAN for Pd exposure. Hope that helps answer a few Q's, cheers.

Expand

thanks for this, a very unbiased analysis of the Ni development. very appreciated.

PAN Price at posting: 45.5¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

HotCopper Highlights: Your most watched stocks for Week 46, 2024

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

There are more pages in this discussion • 14 more messages in this thread...

First 29 Last

Add PAN (ASX) to my watchlist

Why the selloff?, page-29

Top Stories

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

HotCopper Highlights: Your most watched stocks for Week 46, 2024

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Banshee's historic trenches prove rich in antimony and gold for GDM

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

Cyclone signs MOU with Vale for development of Iron Bear play

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels