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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Post by fredviewon Feb 05, 2014 5:37pm

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Post# 22176861

Re:Spot U

It's all about spot. In 2014 PDN is even more reliant on spot sales for revenue. They have said they need a price north of 42 to stay solvent. They have months not years left to keep the doors open if spot stays in the 35 range. As the year extends and spot stays stuck in a range I believe you will see increased pressure on the share price. I am not saying PDN is going bust, if spot gaps up they will pull out of this nosedive. If it doesn't , and it's a bit like a call or a put it has time decay. The clock is ticking and there are no guarantees that PDN will beat the clock. Good luck to all.

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