I am taking into account and i realise Paladin has costs above and beyond the C1 LH costs including interest, corporate and C&M at KL.
I expect C1 costs to average 28$lb this quarter at LH and significantly lower FY2015 onward - have you taken into account the 30mill debt repayment and lower interest and corporate costs for the upcoming quarter?
If the U spot is 43.50 or higher i think Paladin will have a positive quarter - i expect the spot may be far higher if so great! The sales realised last quarter only averaged $31/lb. Paladin has over 200mill in cash and will soon roll over its debt so not sure why some are calling for a capital raising. Huge upside for all uranium stocks and particularly PDN.
SMM Price at posting:
21.0¢ Sentiment: None Disclosure: Not Held
PDN Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
PEN Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)