PDN 3.02% $9.31 paladin energy ltd

Ann: Paladin to Retain Langer Heinrich, page-33

  1. 3,783 Posts.
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    To be fair to JB, the prospects (and U3O8 price) at the time that he raised funds to develop LH and Kayelekera were completely different. PDN has been caught by several factors: the Fukushima disaster and anti-nuclear reaction in Japan and Germany; the big drop in LNG/CNG prices that make gas fired power plants more competitive; plus the very long lead time to put a reactor into operation with consequential delay in fuel demand.
 
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