Ann: Quarterly Activities Report for Period Ending 30 June 2014, page-14

Not much to be disappointed by in my opinion. Combined production was at the upper end of previous estimates.
Uranium production for the June quarter was affected by the transitioning of the Kayelekera mine towards care and maintenance but that should be no surprise to anybody.

I liked that the average sales price was US$37.95 (well above the $28ish spot price that everybody puts too much focus on).

I loved the successful refinancing which will draw down less from PDN's cashflow in upcoming years.

I think it is evident now that this company won't go under. Once Japanese reactors restart then this will jump back to the capital raising price of 70c very quickly.