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.

OTCQX:PALAF - Post by User

Paladin Energy Ltd

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Comment by Traderdan$$$on Sep 30, 2011 5:38am

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Post# 19102502

RE: Takeover Speculation

Stocker I am also trying to figure how this financing is going to stop a hostile takeover and it makes no sense to me. Maybe FinalEpiphany can shed some light on this matter? It is a crime what the BOD and the CEO did to this once very promising CO. I agree with EP that there is hope if the management can get their act together and do what TECK did but after their recent actions I am not very confident that the current management team has the skill to pull it off.....the jury is still out. They need to get a deal done on some of their non-producing properties ASAP> IMO

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