PDN 0.07% $13.99 paladin energy ltd

sale of the century, page-43

  1. DSD
    15,757 Posts.
    anthony... i see yr argument and it has merit. But feel stake sale could have been avoided. Going to holders with cap-in-hand for a CR is/was not without risk. But with such a great Ur deposit, good country to work in, and world class brand spanking new infrastructure.... i feel it is/was wrong option. Would my proposed CR of 160m at 50c have succeeded? We'll never know. But to lose 25% over 25yrs is harsh. i don't foresee PDN going belly-up. If SP keeps sliding i will re-consider holding. Just could have been different. Perhaps a LOT different. Company has burnt soooo much money over yrs on God knows what. Now only 75% of LH left that's producing/earning anything.
 
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