PAN 0.00% 15.5¢ panoramic resources limited

Hi very, Your "tag" is certainly consistent with your post here...

  1. NT.
    186 Posts.
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    Hi very,

    Your "tag" is certainly consistent with your post here and I do respect that .....,

    Our SP was certainly belted yesterday, (undeservedly I think) but I also believe that unless we start mining again, we will never get aboard that boat.
    Price of copper right now is certainly down, "but fluctuating" and the nickel price is still well within the profit area for panoramic and still up over the past 12 months.
    Crystal ball gazers are inconsistent with their predictions varying greatly with pricing.
    There is also a big unknown as to supply and demand imo.

    If we have a start up now, it is suggested from a panoramic presentation i read, that it would take 9 months before first ore and 15 months to full production. (anything could happen to metal prices in that period and the AU dollar.)

    My thoughts are that it is going to be a hairy ride for the metals panoramic can supply (particularly with the EV explosion that is definitely happening now) and unless we are producing we may miss out.

    Perhaps we will have to have a bit of a "managed" gamble......,

    "Like most things in life".

    Cheers for now and good luck.

    ...........................
    NT.
    .
 
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