Articles On Panoramic Resources (ASX:PAN)

The strong support for the entitlement offers shows investor’s recognition of the company’s long-term value potential.

RECENT battler Panoramic Resources welcomed buyers its way as nickel price showed a bit of life, while a bunch of zinc producers – New Century, ...

Independence Group (IGO) has terminated its takeover offer for Panoramic Resources on the basis of a breach of conditions. IGO had previously extended its takeover offer to Panoramic to January 17 but will now let the offer lapse. The acqui...

Few people are at their desks in the week between Christmas and new year, which means it’s a prime dumping period for companies wanting to hide bad news. But there’s always someone who draws the short straw in a newsroom and this year it wa...

Panoramic and Benton Resources Inc. of Canada have agreed to terminate their agreement as Benton has assigned its rights under the agreement to Regency.

The transition of mining to Savannah North is expected to drive an increase in contained metal production through CY2020.

The share price of Independence Group NL (ASX: IGO) dropped over 1% today after giving an update about its dropped Panoramic Resources Ltd (ASX: PAN) takeover offer, the Panoramic share price rose 1.6% today. Today, Independence Group gave...

2019 hasn’t been a good year for cobalt. After hitting a record $US95,000 ($138,081) a tonne in March 2018, the battery metal became a market darling and a drawcard for a lot of explorers. But in 2019, the cobalt price wiped off nearly 74 p...

As the dust settles on the Panoramic (ASX:PAN) and Independence Group (ASX:IGO) takeover scuffle, IGO has suddenly changed its tone The company says it believes the value of its proposition has “eroded” As such, IGO will let its takeover o...

Domino’s Pizza (DMP), Stavely Minerals (SVY) and Panoramic Resources (PAN).

Mining and tech stocks helped the ASX edge higher for a second day on holiday-reduced volumes. The ASX 200 advanced 15 points or 0.2 per cent to 6809 by mid-session following another round of record closes on Wall Street. The S&P 50...

In afternoon trade the S&P/ASX 200 index is on course to end the week on a high. At the time of writing the benchmark index is up 0.15% to 6,805.3 points. Four shares that have failed to follow the market higher today are listed below....

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

The Independence Group NL (ASX: IGO) share price is pushing higher following an announcement relating to its takeover of fellow nickel producer Panoramic Resources Ltd (ASX: PAN). At the time of writing the Independence Group share price i...

Independence Group (ASX:IGO) has given up on its pursuit of smaller target Panoramic Resources (ASX:PAN) after “a number” of defeating conditions were breached. The $3.7 billion Independence told shareholders today that it planned to let it...

The board is now reviewing the report and will make a response, in the interim it recommends shareholders should take no action regarding the offer.

Panoramic Resources (PAN), Superloop (SLC) and Novonix (NVX).

INDEPENDENCE Group's decision to allow its all-scrip takeover bid for troubled nickel miner Panoramic Resources to lapse looks to have been the ...

Independence Group (IGO) has extended its takeover offer for Panoramic Resources to January 17 2020 in light of contract breaches related to the bid. IGO’s hostile, off-market takeover bid was originally announced on November 4 after unsucc...

18 Dec 2019 - The Independence Group NL (ASX:IGO) is looking to extend the offer period for the off market take over offer for Panoramic Resources.

The board’s current recommendation is that shareholders should reject IGO’s takeover offer.

Mike is a chartered accountant with over 20 years of experience in corporate finance, principally within the resources industry.

There has been strong support and take-up from institutional shareholders, raising $3.9 million.

06 Dec 2019 - The Independence Group (ASX:IGO) will not participate in Panoramic Resources (ASX:PAN) entitlement offer.

Panoramic directors have unanimously recommended that shareholders reject the unsolicited, highly conditional off-market takeover bid by Independence Group NL.

Panoramic Resources plans to transition to a predominantly contract mining model at the Savannah nickel-copper-cobalt project in Western Australia. The company, in an operational review, has blamed a reliance on second hand equipment and th...

The Independence Group NL (ASX: IGO) share price climbed higher today after its takeover bid for Panoramic Resources Ltd  (ASX: PAN) was unanimously rejected. Why did the Independence Group share price rise? In an announcement made to the...

Investors would reduce their exposure to ‘near-term improvements in operational performance’ if they accepted the offer.

Takeover target Panoramic Resources was in front of fund managers on Thursday morning, seeking fresh funds to the tune of $32.7 million. 

Independence Group will not participate in Panoramic Resources entitlement offer, the company it has lobbed a takeover bid at. 

A REVIEW into the Western Australian miner Panoramic Resources has been completed and suggests there are no fundamental issues with ...

Development of ore drive and primary underground infrastructure at Savannah North continues; first stoped ore on target for the March 2020 quarter.

Nickel has the reputation of being one of more volatile commodities to trade in and ample evidence can be seen in how quickly prices fell from the highs of over $US18,000 per tonne in early September to below $US14,000. The nickel price had...

Panoramic Resources has reduced its 2020 production guidance at the Savannah nickel project in Western Australia amid the takeover tussle with Independence Group (IGO). The company now aims to produce 7000–7500 tonnes of nickel, 4500–5000 t...

TAKEOVER target Panoramic Resources needs to find new funding of A$30 million after substantially cutting its production expectations for the current ...

Panoramic has a 51% interest in Horizon Gold, which is developing the Gum Creek Gold Project in Western Australia.

Australian software and services company, K2fly Limited (ASX: K2F) released its 2019 Annual General Meeting Chair’s Address to the shareholders on 25 November 2019. K2fly’s Chair / Non-Executive Director Mr Jenny Cutri highlighted FY2019 to...

Annual General Meeting A gathering of the company’s shareholders is known as the Annual General Meeting. In the AGM or Annual General Meeting, board of directors of the company present its annual report comprising of performance, strategy a...

Panoramic’s board reiterates that shareholders should take no action regarding the takeover offer from IGO.

Takeover target Panoramic Resources has had a change of heart.

DESPITE having just nine days' history with Panoramic Resources, a company dealing with an underperforming mine and a hostile takeover offer, ...

Consulting Systems Integrator, K2fly Limited (ASX: K2F), based in Australia, has had a momentous year to date. The company continued to derive revenue from multiple channels including software licencing, consulting, support and configuratio...

WHILE the extended operational issues at the Savannah nickel project reported this week aren't good news for Panoramic Resources, it's arguable ...

Panoramic Resources has conceded that its production guidance at the Savannah project in Western Australia will not be met in the 2020 financial year. The company has been plagued by the poor performance of its underground paste filling sys...

15 Nov 2019 - Zeta Resources (ASX:ZER), which holds a stake of around 35.2 per cent in Panoramic Resources has signalled that it does not intend to accept Independence Group’s curr…

Short-term operational performance may remain below previous forecasts, particularly during the next four months and into the June 2020 quarter.

In afternoon trade the S&P/ASX 200 is on course to record a solid gain. At the time of writing the index is up 0.65% to 6,741.1 points. Four shares that have failed to follow the market higher today are listed below. Here’s why they ar...

PRODUCTION issues are continuing at takeover target Panoramic Resources' Savannah nickel operation in Western Australia, and output for the year ...

Panoramic Resources has responded to Independence Group’s (IGO) ‘highly conditional’ takeover offer for the company, saying it has breached certain conditions and will likely do so again. The target company was required to appoint a technic...

Each week our High Voltage column wraps all the news driving ASX battery metals stocks with exposure to lithium, cobalt, graphite, manganese and vanadium.   INDUSTRY FOCUS China might be cutting subsidies for electric car buyers even furthe...