Hi PushhiI agree with your sentiments - main share price catalysts will be Ni price increase or mine outperformance/resource increases. Most brokers value PAN around $0.70/share (refer website). PAN has also flagged their intention to grow so this will be something to watch out for. It would also not surprise me if a mid-tier miner made a play for PAN to gain critical mass and exposure to the Ni market. Personally, I am bullish on the outlook for Nickel sulphide miners and WSA and PAN provide excellent leverage to this. DYOR