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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 fredviewon May 06, 2014 12:49pm
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Post# 22529606

Dundee

DundeeWe reduce our 2014 and 2015 uranium price assumptions: 2014 to US$32.50 from US$42.00/lb; and 2015 to US$45.00 from US$52.00/lb.

This is is a major adjustment to price assumptions.  Looks like my T.U will be stuck in the mud for a while yet.  I don't see how PDN can close out the year at this rate.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities