Back to $PAN

Pan sitting at R25.01 and gold's been kind to us but PAN keeps finding new ways to disappoint on the ops si…by @swordfish_sa on $PAN

SW
swordfish@swordfish_sa·Bearish

Pan sitting at R25.01 and gold's been kind to us but PAN keeps finding new ways to disappoint on the ops side. Costs creeping up, grades slipping, shareholders getting squeezed between commodity tailwinds and execution headwinds. Unless they sort the Evander mine properly this looks like a slow bleed not a turnaround story.

View