• Completion of fully underwritten rights issue raising $14.84M
  • February 2019 – First shipment and revenue of Savannah Concentrate Ore following decision to restart


  • Sale of Lanfranchi Project to Black Mountain Metals LLC for $15.1M
  • Decision to restart operations at Savannah targeting first shipment of Savannah nickel concentrate to China Q1 2019
  • Fully Funded $40M loan facility executed with Macquarie Bank
  • New four year highly competitive Offtake Agreement secured
  • Fully underwritten Pro-rata Renounceable Entitlement Offer of 1 for 7 shares to raise $20.9M


  • Savannah Feasibility Study confirms significant Australian sulphide orebody, initial 8.3 year mine life, low restart cost and short lead time to production
  • Large off-hole EM anomaly confirmed situated to the northeast of the Savannah deposit, characteristics consistent with “Savannah style” nickel sulphide mineralisation


  • Savannah mine and processing plant placed onto care and maintenance in late May
  • Lower Schmitz Maiden Resource of 131,000t @ 5.1% Ni for 6,700t Ni contained
  • Pro-rata Renounceable Entitlement Offer of 1 for 3 shares to raise $10.7 million
  • Gum Creek Gold Project Free Milling Scoping Study demonstrating LoM ~6 years and Mining Inventory of 4.9Mt @ 1.94g/t Au for 309koz gold based on material from Swan, Swift & Howards
  • Savannah North Scoping Study demonstrating LoM ~8 years and Mining Inventory of 6.07Mt @ 1.26% Ni, 0.64% Cu and 0.09% Co


  • Lanfranchi nickel mine placed onto care and maintenance in August
  • Savannah Resources increased significantly to 183,200t Ni
  • Savannah North upgrade Resource of 109,600t Ni
  • Savannah North Maiden Resource of 55,200t Ni
  • Rio agreed to farm-in to the Thunder Bay North Project by spending up to $C20 million over five years to earn a 70% interest
  • Sold Mt Henry Gold Project to Metals X (MLX) for 15.4 million shares (PAN 70%) in Metals X
  • Record production at Savannah Nickel Mine for the FY2015 year of 8,726t Ni in concentrate
  • Significant high-grade mineralisation intersected down-plunge of Schmitz orebody at Lanfranchi (Lower Schmitz discovery)


  • 1 Million tonnes of concentrate shipped from Savannah to Jinchuan
  • Record Group production of 22,256t contained nickel in FY2014
  • Record production at Lanfranchi Nickel Mine for the FY2014 year of 13,775t Ni
  • Major new mineralised zone discovery “Savannah North”


  • $15 million placement and SPP to raise up to $25.1 million at 0.27 cents
  • Group production of 19,561 tonnes in concentrate/ore
  • Maiden Resource at Jury-Metcalfe of ~6,400t Ni.  Deposit remains open up and down-plunge
  • Gidgee Resource increased to 1.3Moz Au
  • Mt Henry Resource increased to 1.2Moz Au (70% equity interest)
  • Updated Gidgee Scoping Study


  • Record Group production of 19,791 tonnes contained nickel
  • Gidgee Resource increased to 1.16Moz Au
  • Acquistion of the Wilsons Orebody containing a resource of 325,000oz Au
  • Mt Henry Acquisition ~1.0Moz Au (70% equity interest)
  • Gidgee Scoping Study
  • Panton PGM Project Acquisition ~1.0Moz Pt and ~1.1Moz Pd in Resource
  • Thunder Bay North PGM Project acquisition ~10.4Mt Pt+Pd via the successful off-market takeover of Magma Metals Limited (MMW)
  • ~78% interest in Copernicus Project, a satellite open pit orebody
  • Completion of the new concentrate storage shed in Wyndham


  • Acquisition of the Gidgee Gold Project
  • Lanfranchi accommodation village opened
  • 26% increase of the Cruickshank Resource to 33,560 tonnes contained nickel
  • New nickel mineralisation discovered down plunge of Deacon
  • Three new JV’s in Norway with Drake Resources
  • Production of 17,027 tonnes contained nickel


  • Production of 17,458 tonnes contained nickel (equity basis)
  • Offtake agreement extended with Jinchuan for 100% of Savannah output for another 10 years
  • Maiden Savannah Project Lower Zone Reserve of 43,200 tonnes contained nickel
  • Net profit after tax of $56.2 million, our second highest on record
  • Cash flow of $131.8 million from operations before tax
  • Total dividend payout of 16.5 cents per share, fully franked
  • Effective hedging program delivers revenue contribution of $34.1 million
  • Strong cash position and receivables of $158.3 million
  • New joint ventures signed to explore for base metals in Scandinavia and gold in Alaska


  • Record nickel production of 18,752 tonnes contained nickel
  • Secured 100% ownership of the Lanfranchi Project
  • Gross profit of $31.7 million (before tax & impairment)
  • Net profit after tax and impairment of $5.6 million
  • Cash flow of $54.8 million from operations before tax
  • Net assets of $286.3 million; a 24% year-on-year increase
  • Total dividend payout of 3 cents per share (fully franked)
  • Hedge book $43.7 million in the money
  • Strong cash position and receivables of $95.9 million


  • Record production of 14,883 tonnes contained nickel
  • Net profit after tax of $53.3 million
  • Deacon Resource increased to 2.2 million tonnes at 2.83% nickel for 63,500 tonnes contained nickel
  • Total dividend payout of 12 cents per share (fully franked)
  • Savannah Resource upgrade of 44% to 70,300 tonnes contained nickel
  • Shareholders vote to change name to Panoramic Resources Limited
  • Commencement of Copernicus Project mine development


  • Record net profit after tax of $88.1 million
  • Maiden fully franked dividend of 12 cents per share
  • Initial Deacon Reserve of 1.7 million tonnes at 2.54% nickel for 43,000 tonnes contained nickel
  • Group production reaches 13,225 tonnes contained nickel
  • Senior and subordinated project debt repaid
  • Company admitted to the ASX/S&P 200 Index
  • Initial Deacon Resource of 58,000 tonnes contained nickel


  • Winner Mine approval
  • Deacon mineralisation discovered
  • Winner Resource upgrade to 110,000 tonnes at 5.56% nickel
  • $20 million equity raised at $1.25 per share
  • Copernicus joint venture (60%) confirmed


  • Maiden profit of $12.2 million
  • First Lanfranchi Project ore delivered to BHP Billiton Nickel West


  • Lanfranchi acquisition finalised
  • Savannah Plant commissioned
  • Open pit mining commences at Savannah


  • $52 million project debt facility secured
  • Off take agreement signed with Jinchuan and Sino Mining


  • Bankable feasibility study for the Savannah Project completed


  • Company listed on the ASX

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