Paladin Energy Ltd PALAF

Metals & Mining Industrial Metals & Minerals

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

Bullboard Posts

Comment by shiftmanon Apr 23, 2014 11:54am

407 Views

Post# 22481530

RE:Can PDN ......

Consider Paladin debt with the low spot price. Paladin has increased debt with low U prices. If u continues to drop Paladin debt becomes a increasing problem. Can they sell more of the company one could imagine what would happen to the investors equity. Yes it is a huge problem. The only thing I can see happening is a reverse split raising more equity to survive. this would wipe out small investor. They could shut down LH also. I would stay away from paladin until spot price turns around.

Bullboard Posts

BCG-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma-In-Situ: A Patient's Guide