PDN 3.73% $10.00 paladin energy ltd

I wonder if PDN is salable with it's debt load??? I mean, even...

  1. 3,495 Posts.
    I wonder if PDN is salable with it's debt load??? I mean, even at a SP of 0.01c it's combined liabilities are ~USD$620M. Would anyone buy this when the co is bleeding cash and (according to pou futures) likely to continue to do so until 2020 (at least).

    My investment thesis with Pdn assumed potential suitors would be more forward looking. But with the new 'deeper and longer' consensus that's emerged re LT uranium outlook, I wonder now that there is no such appetite!

 
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