PDN 0.48% $12.48 paladin energy ltd

Out of left field and I know it's early days but Pdn is a very...

  1. 45 Posts.
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    Out of left field and I know it's early days but Pdn is a very likely takeover target for the Chinese. Given their likely increase in nuclear power plant construction, they will want to sure up their uranium supply. CNNC already has a 25% stake in the LH mine so it is not a stretch to think that an offer will come at some stage hopefully years down the track when they will have to pay many more dollars than the current price.
 
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