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

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

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

ME1

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

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

LYN

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

AN1

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

GRL

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

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

BTH

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

EDE

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

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

First 29 Last

Add PAN (ASX) to my watchlist

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

Top Stories

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

Cyclone signs MOU with Vale for development of Iron Bear play

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

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

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

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

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

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

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

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