Depends what the weather is going to be like and how much light around.
Have a play and see what works best, but start off with 24/25 fps or 50fps if you want to do a bit of slow motion too.
Shutter Speed, this will depend on whether you have an ND filter or not.
Ideally you want to be properly exposed with as little ISO as possible, so if you can use 160 then great.
The correct shutter speed you should be using is 1/50th but you may be far too overexposed at this (This is where the ND filters help to reach that setting)
If you don't have an ND filter then up your shutter speed to multiples of 50 until you get a nice exposure like 1/100, 1.200 etc
The aperture (F-Stop) comes into play also with your focus.
The more open your aperture (lower number) the more light you let in and the (higher number) the aperture the less light, but the higher the number the easier it is also to have everything in focus.
What you are suppose to do with a lens is get its hyperfocal distance for whatever settings you have set, however its not really possible on Panasonic lenses as they don't have markings on them.
So depending on what you are shooting and how close you are to them will be a big influence on where you set your F-Stop (aperture)
Taking a 20mm lens as an example at 20mm the hyperfocal distance @ F5.6 is 15.5ft
This means that everything from half of 15.5ft to infinity will be in focus (as best as possible) sharp
If you set it to F11 then the hyperfocal distance is 7.8ft, again everything from half of that distance to infinity will be as sharp as possible.
Problem is like mentioned above panasonic lenses don't have measurements on the lens for you to be able to focus on 15.5 or 7.8ft so you would have to measure out the distance, focus on it then set your lens to manual so it doesn't move.
This is the proper way you are supposed to do it, if you want the best results, a lot of people don't do it this way and just focus on infinity, but it wont be as sharp.
It may be very confusing at the start, but once you learn the rule it will makes things much easier in the future, and you can just get a simple phone app to tell you the hyperfocal distance search for one called "field tools" but remember different cameras have different Hyperfocus distances, but the ones above are for a 4/3 camera like yours, but not for the bmpcc which is different.
Your lens will work on the BMPCC but, this camera has a crop factor of 3, so whatever your lens says you multiply it by 3 to get the same "full fame camera" perspective, a 20mm will be like a 60mm, not so wide.
I'm sure a lot of people don't do it like this, but this is the way I will be doing it, if I ever get my Gimbal through, these principles have been used for years, and I see no reason why they should be any different in the air
Alternatively set it all into Auto and youll probably not notice much difference