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

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Post by netgenxon Mar 12, 2008 11:20pm

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Cameco; PDM or DML

Gerald W. Grandey, President of Cameco is reportedly on the hunt. Given CCO's prodution problems my guess is that they'd go after someone with current production. Urnanium one is an ongoing disaster at the moment; that leaves PDN or DML. PDN already has a JV with CCO, so that might give them an inside track, but DML has mills and mines in the US which is a pretty big deal since U is priced in US dollars. It's nice to have your imput costs and selling price linked. Any thoughts on what price might do the trick?

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