Depletion of water resource from underground tables is an issue for Uranium mines.
Areva has now contracted to sell desalinated water to various locations including Langer Heinrich mine.
(sorry I cant remember the location in my research but it is easily available on line)
If this is the case then this is also a reason for management to find an alternative source of capital raising rather then selling off the holding in Langer Heinrich.
While the ratios do not look positive at the moment for PDN, I cant help but feel there is a lot of ground work being conducted by management to position this company for the future.
I feel this is supported with GIC as a shareholder as well.
Cheers
PDG
Cheers
PDG
Depletion of water resource from underground tables is an issue...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.48 |
Change
0.060(0.48%) |
Mkt cap ! $3.724B | |||
| Open | High | Low | Value | Volume |
| $12.45 | $12.76 | $12.26 | $26.57M | 2.124M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6286 | $12.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.48 | 5038 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |