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

Comment by notBuffeton Apr 27, 2014 6:34pm

341 Views

Post# 22496209

RE:My Thoughts

I think the spot will sit low for a couple more years; long enough for the huge players to kill off the others. Cameco can continue to make money at low spot prices with their low cost of production while Paladin can't compete. Cameco is a safe bet in my opinion but it's not the 4-5 bagger penny players like.

Bullboard Posts

Paramount Resources signs $3.32 billion asset sale