01/09/2009 - 15:36

Panoramic's profit slumps 89%

01/09/2009 - 15:36

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Panoramic Resources' net profit has slumped 89 per cent to $5.6 million for the year to June 30, down from $53.3 million the previous year after the company's revenues receded on the back of lower nickel prices.

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