two main points at a quick glance:
1. The Company has achieved its objective of being cash flow positive on an ‘all in’ basis for FY16 excluding one-off restructuring costs and capital management.
2. Sales of 1,805,017lb U3O8 at an average selling price of US$34.91/lb (a US$7.41/lb premium to the average spot price of US$27.50/lb)
Both very significant numbers... especially Point #1... PEN got $62/lb, not sure how they got that figure... PDN has a more understandable premium over the spot price imo...
Only negative is the reduced production this quarter... more to analyse tonight...but looks good to an untrained eye like me atm... experts please comment
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- Ann: Quarterly Activities Report for Period Ending 30 June 2016-PDN.AX
Ann: Quarterly Activities Report for Period Ending 30 June 2016-PDN.AX, page-5
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Open | High | Low | Value | Volume |
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1 | 117 | 11.610 |
1 | 250 | 11.600 |
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1 | 8650 | 11.510 |
Price($) | Vol. | No. |
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11.800 | 323 | 1 |
11.890 | 238 | 1 |
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