PDN 1.03% $11.78 paladin energy ltd

Uranium spot price is one thing.However, PDN have secured long...

  1. 17,233 Posts.
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    Uranium spot price is one thing.

    However, PDN have secured long terms sales contracts north of $60 on 2.8Mlb from 20912 - 2016.

    From previous announcement:


    "Paladin Energy Ltd (?Paladin?) is pleased to announce the signing of a series of term uranium sales agreements for
    output from the Langer Heinrich Stage 3 expansion.

    The agreements have been signed with three new customers in the United States and further strengthens Paladin?s
    already significant presence within the U.S. nuclear market.

    Production commitments from the new agreements total more than 2.8Mlb U3O8 with deliveries beginning in 2012 and
    extending through to 2016.

    Contractual pricing provisions incorporate both fixed and base (escalated) mechanisms ranging from the low- to -mid-$60?s per pound U3O8."
 
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