Hi Very Wary3 capital raises in 3 years is not such a surprise...

Hi Very Wary

3 capital raises in 3 years is not such a surprise for a company that has had it's main asset on care and maintenance for the last 3+ years due to the historically low nickel price - which incidentally has forced many mines to close, including many mines operated by leading global nickel producers. As you wrote in one of your earlier posts, PAN is not investment grade - it is a mine developer with only one operating asset and that one asset is only just restarting - it is risky and there may be teething problems, cashflow problems, need for captial raisings etc - these issues are not uncommon with mine startups. May I suggest that if you are not comfortable with the risk profile and if you don't trust (or like) PAN, that you sell your shares and invest elsewhere.....