PDN 0.07% $13.99 paladin energy ltd

debt, page-4

  1. 2,502 Posts.
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    Harry,

    Don't worry, the debt situation isn't so bad. $274 million of the $325 million due in 2013 has already been taken care of with the recent bond issue and the remaining $50 million won't be a problem to pay off by then.

    The debt is pretty secure and stable until Nov 2015 when the other $300 million of bonds are due and by then I hope that Greece will be kicked out of the EU and the global economy will be stable again.

    Perhaps Macedonia can then by Greece for $1 just to force them to call themselves "the former EU republic known as Greece". That would be nice justice.

 
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