PDN 3.55% $10.20 paladin energy ltd

I have sought information on the fate of Mirabela Nickel (MBN),...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,268 Posts.
    lightbulb Created with Sketch. 197
    I have sought information on the fate of Mirabela Nickel (MBN), whose shareholders also suffered a DOCA. Although on a much smaller financial scale, MBN's problems were similar ie debt and low nickel price. The price of nickel has remained too low for a recovery, MBN failed to pay ASX fees and has remained delisted, with the mine under C&M, for 2 years. Posters are still active on HC and hoping for a resurgence. Like our first restructure proposal which was intended to cover running at a loss until late 2019, success of MBN's DOCA also depended on their mine becoming profitable in a similar time frame. That has not happened. Will the parallels continue with PDN if the sp of uranium does not get well over $30?
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$10.20
Change
0.350(3.55%)
Mkt cap ! $3.050B
Open High Low Value Volume
$9.92 $10.22 $9.81 $27.42M 2.716M

Buyers (Bids)

No. Vol. Price($)
1 1004 $10.16
 

Sellers (Offers)

Price($) Vol. No.
$10.21 9833 2
View Market Depth
Last trade - 16.10pm 31/10/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.