projects
Appreciate your comments re PDN's fundamentals, Westsurf, but it's set me wondering why they sold prospective tenements in Frome Basin S.A. to Deep Yellow.
I believe they may retain a holding in Deep Yellow (?) and, of course, they kept the more advanced projects at Manyingee and Oobagooma in W.A. but given the SA government's already more pro-uranium stance, and highly prospective ground across SA (can't speak for the specific tenements involved), why would they bother to sell?
Of course, if they've retained an interest then they'll have some benefit without the outlay - and they've got enough projects to go on with for the time being anyway (which is one of the reasons why the Oz projects are on hold, no doubt). Am I answering my own question...?
Your thoughts appreciated. Hal
PDN Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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