PDN 0.07% $13.99 paladin energy ltd

afr: 25% stake to sell for $250-300m? , page-27

  1. 20,390 Posts.
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    Op trader
    At the moment they have 100% of the assert that is required to service 650 m in debt , they will have 75% of the same asset that will be required to service a little over half the debt. How is that not better .
    The secret to serviceability is cash flow growth which can only happen with a higher U price , and in turn that will only happen with time , therefore the sale also buys time
 
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