PDN 0.32% $12.46 paladin energy ltd

Hi everybody,no it`s no lie. JB averages the price he paid for...

  1. 139 Posts.
    Hi everybody,
    no it`s no lie.
    JB averages the price he paid for the Vallhalla property and what he paid for summit.
    Just hear it at
    http://www.abc.net.au/reslib/200709/r175094_664754.asx
    (after 6 min they speek about Summit)

    and have a read at
    http://abc.net.au/news/stories/2007/09/10/2028100.htm?section=business

    "With Summit we paid about $1 billion, when you average that out they are essentially the same properties joined together, we've got a great value out of that, certainly if it was only just Summit and we hadn't bought half those reserves at such a cheap price it would have been a different story."
 
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