Big difference here is the amount owed to creditors
It is understood Paladin creditors will meet in Perth on Thursday, eager to determine where EDF stands and how the sale of the Langer Heinrich stake might proceed.Analysts have valued the stake about $US500 million, making it unlikely any sale to CNNC would bank enough to settle all of Paladin's debts, with EDF understood to be positioned ahead of the company's bondholders, which are collectively owed about $US360 million.Amid it all, industry players remain confident Paladin's slow fall into administration is not a sign of an impossible industry.
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