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Panoramic says product at the mine was 60 per cent of forecast for February.

Macquarie demands Panoramic raise $19m

Panoramic Resources will undertake a $19 million capital raising in return for favourable loan repayments to project financier Macquarie Bank, after production issues plagued its Savannah nickel-copper-cobalt project.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/02/19

1 year TSR5 year TSR
217thPanoramic Resources7%8%
319thTanami Gold-10%6%
416thHexagon Resources-24%-17%
667thEden Innovations-56%33%
674thAltura Mining-57%-5%
730 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

10/08/18
$0 Other
10/08/18
$0 Bought
01/03/18
$14k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

102nd↑Eden Innovations$1.3m
103rd↑Tanami Gold$1.3m
104th↓Panoramic Resources$1.2m
105th↑Altura Mining$1.2m
106th↑Hexagon Resources$1.1m
487 listed resources companies ranked by revenue.
Source: Morningstar

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