Australia's Panoramic Resources rises after completing first shipment from project

Panoramic Resources

30/12/2021 02:15

** Shares of Panoramic Resources Ltd  PAN.AX  rise 1.9% to
A$0.265 after co says first shipment from its Savannah Nickel
Project has departed 
    ** Co shipped 10,865 tonnes of nickel-copper-cobalt
concentrate to offtake partner Jinchuan in China  urn:newsml:reuters.com:*:nASX84S6Y5 
    ** Expects invoice of $14.8 mln in the first week of January
    ** PAN stock has nearly doubled in value so far this year,
as of last close 

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))