PDN 2.06% $11.90 paladin energy ltd

Cash position per share, page-5

  1. 2,502 Posts.
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    Ninja,

    Indeed, you're right, there was that end of year update that I should be looking at.

    Part of the funds they had at 31 March were used for refinancing debt before 30 June.

    As of 30 June, a cash and equivalents balance of USD 180 m = AUD 243 m / 1,667 m shares issued = 14.6c per share.

    The point I'm making is that PDN has lots of cash at hand and are operationally secure for quite some time to come. If troubled times continue there will be other U miners that fall over before PDN does. And with an already favourable supply / demand situation in this sector favouring the future of the miners then other closures will only bolster PDN's position.
 
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