Uranium mining bans in WA and Qld where PDN holds assets in...

Uranium mining bans in WA and Qld where PDN holds assets in prospects, CNNC spanner in the works for attempted restructure, EdF call in of $277M, low spot price, LHM running at a loss, magnitude of debt a deterrent to take over, and now, dependence on adequate valuation of LHM for survival, all add up to the perfect storm for PDN. Without EdF's call in of $277M, PDN stands a chance. What are the details of the shortfall in security provided to EdF ? The independent assessor must have provided numbers therefore why no renegotiation of security? Failure of EdF to agree to an extension of the 30 day ultimatum would signal a determination to render PDN insolvent. This outcome is illogical if they claim the security on their $200M prepayment is inadequate, unless they have calculated that continued low spot price will offset the difference.