Paladin Energy Ord Shs PALAF

Energy

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

Paladin Energy Ord Shs

Bullboard Posts

Post by davidyon Sep 30, 2007 10:56am

738 Views

Post# 13495641

Bigrlyi update coming?

Resource Capital Research have just posted their third quarter uranium sector reports on their website (www.rcresearch.com.au). The Paladin one gives a good summary of its current activities. I also took a look at the Energy Metals Limited (EME.AX) one, the Bigrlyi uranium/vanadium deposit is mainly discussed. This is 41.7% owned by Paladin and is in Australia's more U3O8 friendly Northern Territory. RCR is predicting a possible 75% to 100% increase in the current resource base, that would take it to the 25 to 29 million pound U3O8 range. The grades are high, too. Release of a scoping study expected soon. Will Paladin digest EME.AX as the project advances?

Bullboard Posts

Three mispriced stocks exposed to major market tailwinds