Brief: Panoramic Resources Says FY23 Guidance Will Not Be Met

Panoramic Resources

14/06/2023 24:20

June 14 (Reuters) - Panoramic Resources Ltd  PAN.AX :
    * FY23 GUIDANCE WILL NOT BE MET
    * REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO
DELIVER
3,100 - 3,400T COPPER
    * REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO
DELIVER
5,400T - 5,800T OF NICKEL
    * SEES  FY23 C1 COST OF A$13.00 - A$13.50 PER POUND OF
NICKEL
    * REVISED FY23 GUIDANCE FOR PRODUCTION IS NOW EXPECTED TO
DELIVER
350 - 400T COBALT
    * AT SAVANNAH NICKEL PROJECT A NEW CRACK EMERGED IN PRESSURE
PLATE
THUS, PROCESSING OF ORE & CONCENTRATE PRODUCTION SUSPENDED

Source text for Eikon:  ID:nASX88Mczv 
Further company coverage:  PAN.AX 

 ((Reuters.Briefs@thomsonreuters.com;))