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 lenticularon Nov 16, 2007 4:30pm

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Post# 13822096

RE: Firesale on PDN..slovenia

Already own some PDN but my main holding as of late is UUU. Now that is one undervalued company..the last two days for UUU has been good with a lot more to come. Still not ready to buy any PDN at this level as I suspect some more downside in most uranium stock. UUU will continue to run as it catches up to at least its book value of around 10.50.

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