Paladin Energy Ltd 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.

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Paladin Energy Ltd

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Comment by noble13on Feb 26, 2007 3:42pm

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Post# 12314388

RE: Shoulder Season

Shoulder season comes twice a year for the "Oil and Gas" industry. Not the Uranium business. It's when refineries taked down time, to switch gasoline blending to their summer formula. Also a lot of switchover from heating oil production to gasoline production. Some more knowledgeable in the industry could probably explain it better, but that's it in a nutshell. Shoulder season usually starts in April and in the Fall.

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