If Paladin can rid themselves of LH for anything above their debt level of circa $660M (I think), they should take it and run for the hills. Good luck to the CNNC - they don't have an effin clue how to operate uranium mines, let alone a complicated one like Heinrich. Their proof will be in Husab (CGNC rather than CNNC) which will not get up to 15M lb per annum. Not even close. Ever.
That leaves Paladin with Canada (Michelin) and some other prospects in Queensland. Oh, and Manyingee perhaps. Having said that, their technical team is apparently very good, according to announcements. Hope they are still around.
All of which leaves Paladin dormant for years (decades?).
Ann: Paladin to Proceed with Potential Sale of Langer Heinrich, page-13
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