The Chinese bought 25% stake in PDN's mine for $190m.
Our 25% stake is of higher grade, ISR, lower production cost, better jurisdiction, etc.
I agree the Chinese are smart and will know to buy at the bottom of the U cycle (we know they are stockpiling U for their nuclear reactors that will come online in the next decade).
Hence it wouldn't suprise me to see the Chinese be interested in our 25% worth, which could be worth in excess of 250m.
Still think H/Q will be the most likely buyer but I can see "interested parties" push up the final sale price.
