PDN 0.07% $13.99 paladin energy ltd

japan restart, page-13

  1. al1
    2,005 Posts.
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    markets looking good for tuesday....but won't surprise me if volume turnover stays low till july....

    expecting any rises to be hit by daytraders taking profits

    July onwards I expect a whole new ball game ..as the tax year will have ended.......

    and I don't believe there is all that much freely trading stock left........

    but churning I do expect, solely to draw out more sellers in the present range....

    customers appear to be kept an industry secret.....don't want the competition under cutting them.....about as close as we get to knowing the customers names is the countries they are located in.....

    I've been digging for that same information....with no luck.....but they don't appear to have a shortage of customers.......

    --------------------------------------------------
    and I'd say as they have a JV with cameco...
    this is relevant

    Cameco, which plans to double uranium production to 40
    million pounds a year by 2018, said last week that it will buy
    nuclear fuel broker Nukem Energy.**************
    -------------------
    Cameco
    The Company has a 31.6% interest in Bruce Power L.P. (BPLP), which operates the four Bruce B nuclear reactors in Ontario

    ________________________________________________

    Cameco is also a leading provider of processing services required to produce fuel for nuclear power plants, and generates 1,000 MW of clean electricity through a partnership in North America's largest nuclear generating station located in Ontario, Canada
    -------------------------------------------------
    In February 2008, Cameco secured rights to the Angela-Pamela deposits in the Northern Territory through a joint venture with Paladin Energy Ltd. Cameco has offices in Darwin and Alice Springs in the Northern Territory.
    -------------------------------------------------

    so I think they have their foot inside the right door....

    for example

    Aug 22 (Reuters) - Metals miner Paladin Energy Ltd signed agreements with three new customers in the United States to sell uranium output from its Langer Heinrich mine in Namibia.

    Sales commitments from the deals total over 2.8 million pounds of U308, helping Paladin strengthen its presence in the U.S. nuclear market.

    The company expects to begin deliveries from 2012, extending through 2016, it said in a statement.

    The Langer Heinrich Stage 3 expansion project is almost complete and is set to increase annual production to 5.2 million pounds from 3.7 million pounds of U308, the company said.

    The Perth, Western Australia-based company's shares closed at C$1.98 on Friday on the Toronto Stock Exchange. (Reporting by Abhiram Nandakumar in Bangalore; Editing by Viraj Nair)
    ---------------------------------------------
 
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$13.99
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$13.78 $14.02 $13.62 $27.61M 1.999M

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No. Vol. Price($)
1 198 $13.99
 

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Price($) Vol. No.
$14.00 5278 3
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