Nickel miner Panoramic saw writing on the wall

Nickel producer Panoramic Resources called in FTI Consulting for advice on cash flow problems almost two months before slipping into voluntary administration.

Panoramic chief executive Victor Rajasooriar reached out to FTI on October 23, just days after the company’s annual general meeting where chairman Nicholas Cernotta noted how far the nickel price had plunged across 2023.