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Uranium Markets Evolve: Geordie Mark

http://www.businessinsider.com/uranium-markets-evolve-geordie-mark-2012-3

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TER: What kinds of companies can thrive in that environment?

GM: Uranium producers that have turned the corner in terms of understanding the operational issues for their mines and near-term producers looking to add value through expansion of their resource base.

I just got back from site visits to Paladin Energy Ltd.'s (PDN:TSX; PDN:ASX) Langer Heinrich mine in Namibia and Kayelekera mine in Malawi. Both look to have turned the corner in terms of resolving former operational difficulties and production is at near-capacity levels. We're looking at growth from both of its operations in fiscal years 2012–2014. There's optionality there. We have a $3 target price on Paladin.

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DYOR