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

Bullboard Posts

Post by fredviewon Apr 26, 2014 6:27pm

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Post# 22494761

NYMEX Spot

I guess it could move down to 26 - 27, who knows. I thought it would be at 45 by now. This last washout is taking us much lower than I thought possible. The weak hands are contributing to their own dire situation. The latest news out of PDN, which many on the board reported as positive news showed an increase of production and lower sales revenue. At this rate the news will be much better next quarter as their sales revenue on ever increasing sales into the spot should be way down. Something has to give. When spot does turn it's got to turn hard. Let's see who will remain standing to reap the reward.

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