I am simply trying to determine other opinions on the risks on how paladin has handled the locals.
according to numerous reports;
Australian-listed Paladin Energy‚ a uranium producer with projects in Australia and two operating mines in Africa‚ delivered a net loss for the year to June 30 of US$172.8m‚ an increase of 110% from the previous year’s US$82.3m loss
then we have:
Background on Paladin’s economic situation and the global nuclear industry:
Paladin has returned record losses to their shareholders over a number of years. This year they posted a $173million loss despite achieving a generous sales deal at the end of 2011 which has meant Paladin can sell uranium at US$52lb – well above the current spot price of US$40.1lb.
I simply stated the facts.
I entered this stock based on a analysts pump of this stock. They made no mention in their report of potential sovereign risks.
Maybe i should get you to screen and ok my posts before i post, but i guess you would'nt have a problems if it was a ramp.
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