financials reporting date

ANYTIME THIS WEEK
2012 qtr act report june 2012 issued 13 JULY 2012

2012 ANNUAL Report issued pending expected LATE AUGUST *****************

2011 qtr act report june 2011 issued 20 JULY 2011

2011 ANNUAL Report issued 31 August 2011 ******************

2010 qtr act report june 2010 issued 19 JULY 2010

2010 ANNUAL Report issued 27 August 2010 *************

FROM 30/06/12 Qtr report
production up 21%
annual revenue for FY12 up 140% from FY11

For the June QTR record uranium sales of 2,241,231/lb ..av sales price US$56.15/lb
Generating for the JUNE QTR US$125.8M

TOTAL SALES for FY12 6,698,345/lb of uranium +39% on FY11
FY12 SALES REVENUE US$365.8M FY12 av sale price US$54.26/lb

they had a huge inventory already in stock and accounted for in previous financial reports
at 31 dec 2011 US$187.1M + Non CURRENT stockpiles (at cost) US$87.2M +stockpiles at net value US$3.6M

at 31 March 2012 Inventory was valued at US$208.8M

For the first time the company has NO MAJOR parallel expansion/construction programmes underway
Consequently no furthur expenditure in those areas...

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production at KM was affected by a 2 month shutdown due to a landslip and a 7 day strike
there had also been a problem when they previously t purchased a cheaper reagent..this was rectified but production capacity was lost

Paladin has this year undergone a significant program of cost cutting in all areas from administration to direct purchasing of diesel and renegotiating lower transport costs and essential parts....


So it appears to add up to an uplift in profits and a furthur decrease in debt in the very near future.....

that's as close it gets unless you want to sit down for a week and disseminate their financials and guess the last set of financials

BUT if I was shorting the stock I be starting to look for the exits...