Paladin's past certainly makes for intersting reading Kenzo. I'm pretty sure they didn't even have LHM at its full production because the last stage expansion LHM wasn't expected until 2010 for another 3 million pounds production. They purchased the Aztec uranium interested in 2000, so I guess that gives you some idea as to how long it took to get LHM up and it didn't really hit its straps because of Fukushima.
In fact, the company was all over the shop with takeovers, high debt and Kayelekera was actually a pain in the ass mine, so compared to now it's an entirely different company in so many ways, much more mature and tier 1.
Anyway, you stick to your max $1 price target which is already factoring in $180 spot lol.
DYOR
IS IT TOO LATE?, page-62
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