Panoramic has been a consistent dividend payer and has paid out...

Panoramic has been a consistent dividend payer and has paid out a total of $114.3 million in fully franked dividends since 2008. At 30 June 2016, Panoramic had $30 million in liquid assets and no bank debt.

With Nickel on the rebound, Just a matter of time it reaches the 6.00 / lb mark. With Pan's Production cost around
$US2.50 / lb (Smelter cost included) a clear profit of US$3.50 / lb. With no debt and 30 million liquid asset , this is a ridiculously cheap price . Pan is well favoured than its contemporary MCR in my view. that iswhy I prefer a buy here.