PDN 1.63% $12.65 paladin energy ltd

Dividends, page-65

  1. 4,367 Posts.
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    https://unauthorised investment advice/resources/paladin-hunkers-down-on-namibian-uranium-mine-restart-plan-as-the-price-continues-to-climb/Page 25 of our 2023 annual report to you and I has a comment on Dividends
    https://hotcopper.com.au/data/attachments/5611/5611216-b91073d66050a41a9130b22482cb8aaf.jpg
    Digging in on expected revenues USD $ $497.00 million found for 2025. It is not at all clear if that was at USD$30, 40, 50, 60, 70 or higher U308 price


    PDN suggests "With production targeted for Q1 CY2024, the mine is projected to produce over 77 million pounds of U3O8 in the future." (17 years)

    While suggesting the 2024 year output will be 77/17 is a bit of a stretch, we should assume it to below the "Peak production of 6Mlb of U3O8" and use 2/3s of that at production of 4Mlb of U3O8.

    Low hanging fruit often makes it easier at first "Paladin says stockpiled material will be used during the ramp-up phase in the first year, which will reduce start-up risk and provide a platform to move towards nameplate capacity."

    ASIC? "Langer Heinrich is expected to have all-in sustaining costs (AISC) of about $US32 per pound and be capable of producing at a peak rate of 5.9 million pounds of U3O8 per annum for the first seven years after ramp-up"

    Some of above is from Paladin hunkers down on Namibian uranium mine restart plan as the price continues to climb - *

    That was prior to the minor adjustment to the restart cost price we all know about. The numbers of the first 7 years are interesting.

    LBS per year for 7 years ASICtodays U308 price Less ASICBefore tax profits7 times that
    5,900,000 $32 $71 $ 418,900,000 $ 188,800,000 $230,100,000 $ 1,610,700,000
    https://hotcopper.com.au/data/attachments/5611/5611278-53422ac2927b527e7f77bd797bffebb1.jpg
    Any other Long term share holder think it may be enough to pay Dividends? I think some of us will demand them




 
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