PDN 1.59% $10.22 paladin energy ltd

the ranger mine is dead, buried and cremated, page-15

  1. 172 Posts.
    traditional owners might be keen, but the biggest investor (Rio) has long been fed up with the mine, ever since it was terminally flooded, and it has relied on processing stickpiles or purchasing Uranium to fill its orders.

    Rio made it clear months ago that it wouldn't sink money in the 'deeps' development, and the recent loan offer to remediate the land is contingent on ERA ditching any further development ideas.

    It matters not if the locals are keen, when the only backer wants to walk away.

    Now, at risk of stating the obvious, Rio would be much better investing in a fully functional low cost producer, say PDN.

 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$10.22
Change
0.160(1.59%)
Mkt cap ! $3.110B
Open High Low Value Volume
$10.39 $10.54 $10.17 $8.796M 846.5K

Buyers (Bids)

No. Vol. Price($)
21 4705 $10.21
 

Sellers (Offers)

Price($) Vol. No.
$10.23 2958 14
View Market Depth
Last trade - 13.35pm 15/08/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.