PDN 0.51% $11.83 paladin energy ltd

It's a dry argument, page-158

  1. 676 Posts.
    "Total mined volume for the quarter was up 16% on the prior quarter. Ore (high and medium grade) mined volume and grade for the quarter was up 68% and 16%, respectively, due to a lower strip ratio. Mining focus was shifted from the west (Pit H5) to the east (Pits F1 and F2)."

    IMO This to me appears to be 'picking the eyes out' of the asset.
    Or 'Sticking Lipstick on a Pig'. Or 'fattening it up, ready for market'.
    Cliches I know, but my thoughts on AM are known, as is his previous form.
    Costs down due to grades/strip ratio?
 
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