1. Limited exploration and production experience - Pan Global Resources Inc is a relatively new company with limited experience in exploration and production compared to its peers. This lack of experience may limit the company's ability to identify and develop profitable mining projects.
2. Small market capitalization - Pan Global Resources Inc has a small market capitalization compared to its peers, which may limit its ability to attract investment and finance its exploration and production activities.
3. Limited geographic diversification - The company's operations are currently focused on Spain, which may limit its ability to diversify its portfolio and mitigate risks associated with operating in a single jurisdiction.
4. Dependence on commodity prices - Pan Global Resources Inc's financial performance is highly dependent on commodity prices, which can be volatile and unpredictable. This dependence may limit the company's ability to generate consistent revenue and profits.
5. Limited access to infrastructure - The company's mining projects may be located in remote areas with limited access to infrastructure, which may increase operating costs and limit the company's ability to transport and sell its products.
6. Regulatory and environmental risks - The mining industry is subject to a range of regulatory and environmental risks, including permitting delays, compliance costs, and environmental liabilities. These risks may increase the company's operating costs and limit its ability to develop profitable mining projects.