PDN 0.80% $10.14 paladin energy ltd

Ann: CNNC Purports to Exercise Langer Heinrich Call Option, page-12

  1. 7,245 Posts.
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    OK folks - what does this mean?

    75% of LHM must be worth at least $550M right? Probably more like $600m+ (full control vs non-controlling interest)

    Do the stockpiles belong to PDN or are they part of the mine holdings?

    Presumably EDF need to get paid back if it goes through so lets be pessimistic and say the sale would cover EDF and 2017 bonds repayment only.
    What value does that leave on the PDN bones?
 
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