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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Post by Overnighton Dec 01, 2013 11:11pm

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Post# 21958372

Joint venture

This joint venture, although a long time in coming will be interesting in the partner and details. It does seem odd that individuals would be so skeptical in the merits of a company with strong interests in joining strengths and in a space with massive upside. The fundamentals are strong and the idea of serious financial problems are laughable. The Michelin project with years to go before production is valued at more than the entire market value at which Paladin rests now. Invest on future fundamentals and not on emotions.

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