Really Good Paladin Presentation here by Ian Purdy
- "We have plenty of cash" - $61m in the bank -$150m debt facility.
- The only outstanding mine commissioning is the drying and packaging plant (i.e. it's basically up and running at this point)
- First sale of U308 should be in June.
- First sale will be to CNNC with whom they have early payment terms.
- CNNC will take as much U308 as PDN want to send.
- First money from sales should be in the bank in June (Payment = when the first ore is loaded onto a boat)
THE SQUEEZE IS ON, page-2231
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