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Paladin Energy Ltd PALAF

Paladin Energy Ltd is an Australia-based independent uranium producer with a 75% ownership of the world-class long life Langer Heinrich Mine (LHM) located in Namibia. The Company also owns a portfolio of uranium exploration and development assets in Canada and Australia. Its segments include Exploration, Namibia and Australia. The LHM is located in central western Namibia approximately 80 kilometers (km) east of Swakopmund and 85 km northeast of the Walvis Bay major deepwater harbor. Its exploration projects include Michelin, Manyingee and Mount Isa. The Company, through its subsidiary Aurora Energy Ltd, holds a 100% interest in over 98,320 hectares of mineral exploration licenses. These are located within the Central Mineral Belt of Labrador, Canada. It has a 100% interest in the Manyingee Project. This project is a sandstone hosted uranium project consisting of 41 Mlb across two deposits. It wholly-owns a project comprised of three promising uranium exploration sites in Queensland.


OTCQX:PALAF - Post by User

Bullboard Posts
Comment by maccon Feb 13, 2007 12:49pm
433 Views
Post# 12225642

RE: Might Paladin go Shopping too ???

RE: Might Paladin go Shopping too ??? They have enough on their plate: -Getting Namibia's Langer running up to expected tonnage.Later expansion to Langer,more tonnage and possible more to west. -Soon to get green light on Mawali's Kayelekera,real potential for similar tonnage to Langer.Much undeveloped uranium acreage in the area.Pdn will certainly look for more of those potential or bodies -Both Countries are poor but stable democracies.Faster approvals than anywhere else in the world. -Australian plays to be deliniate possible mines in the futur. -China interested in more Uranium imports.Pdn have a secure market on many fronts. -GRDMinproc is a very good reputable company to bring mines in production and keep managing them if required! -using convertible bonds that can be converted to shares and 4.5% return per annum if kept in bond till 2011.Great business acuemen to get start up money for next projects.
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