PDN 0.07% $13.99 paladin energy ltd

get the facts wrightyou said"just the fact almost 10% of the...

  1. al1
    2,005 Posts.
    lightbulb Created with Sketch. 31
    get the facts wright
    you said
    "just the fact almost 10% of the companies share is being shorted,euro issues getting worse,1.8 billion of market cap and debt, no profit, share dilution, the fact paladins a uranium producer, 5 year downtrend, open your eyes!"

    1 share dilution
    1/7/10 shares on issue 717,142,802
    1/9/11 777,698,217
    30/12/11 835,484,,064********
    09/07/12 835,645,290
    data supplied by asic
    only 1 placement of shares at $1.20 sept 2011***********
    NO MASSIVE DILUTION AT ALL
    -----------------------------------------------

    2 no profit

    For the Qtr ended 31/12/11
    Profit US$3.2Million

    Imapirment of $120mill of KM mine (rapid depreciation of plant) not a loss ..just a writedown on the plants valuation
    ------------

    3 Debt

    For the Qtr ended 31/12/11

    Bank debt

    KM plant $US 108 Mill

    LH PLANT $US 129.7 mill
    ------------------------------------

    unsecured convetible bonds

    bond 1
    issued 2008 US$325 Mill march 2013 bonds

    BALANCE OUTSTANDING at 29/5/12 $US134 Mill (2013 bonds )

    BOND 2
    issued Nov 2010 US$300 MILL DUE 5 NOV 2015

    BOND 3

    issued April 2012 US$ 274 MILL DUE 2017
    (issued at a 25% premium to the market price of the shares)

    US$ 191 Mill used to buy back 2013 bonds

    2013 Bonds balance US$ 134 mill

    cash balance US$83 Mill from 2017 Bonds held at bank

    --------
    4 SHARE PLACEMENT 2011

    RAISED US$70 MILLION held at bank

    -----------

    total bank holdings approx

    2017 bonds bal US$83 mill
    2012 share placement $70 mill
    profit to dec 2011 3.2 mill

    ------------------------------

    TOTAL FUTURE DEBTS ie BONDS

    2013 BONDS $134 MILL
    2015 Nov $300 MILL
    2017 $274 MILL
    _______________________________

    TOTAL CURRENT DEBTS TO DEC 2011
    bank financing facility

    KM plant $US 108 Mill

    LH PLANT $US 129.7 mill
    ---------------------------------

    YOUR STATEMENT
    "1.8 billion of market cap and debt"
    IS MISLEADING...YOU ATTEMPT TO INFER THE COMPANY HAS $1.8 BILL IN DEBT

    YOU SAY IT MAKES NO PROFIT
    AGAIN A BLATANT MISLEADING STATEMENT
    dec qtr 2011 showed $3.2 Mill profit PLUS a huge inventory of uranium
    ---------------------

    SHORTING and ill informed posts are the main problem here
    along with ill informed journalists that focused on the one word
    "impairement" doubt they knew what it meant......

    SHORTING
    STARTED IN EARNEST APRIL 2012 up until then it had been in a conservative range
    of the 20 to 30 mill mark..
    _____________________________________________

    2 near fully operational plants
    new contracts at US$60 to mid US$60/lb signed in USA

    now in discussion for 3 DEALS with NUCLEAR POWER PLANTS....
    which would be cash flow positive for Pdn ....]

    1st ann expected AUGUST 2012......
    THE REST THROUGH TO OCT 2012

    DEALS EXPECTED TO BE JV in nature with Pdn receiving cash payment for a 5 of the JV it sells.

    Thus reducing debt

    --------------------------------------------------------------------------------

    The Euro probs affect the entire global market......

    Pdn is tied to the Nuclear Power Industry.....
    more power plants being built and planned now than ever before

    supply shortage of uranium already a stated fact and expected to get worse

    read Pdn last report read fosters report
    estimated current 30mill/lb shortage as I recall


    -------------------------------------------------------

    the shorters are in a bind....
    they need to unwind their stretched positions and that will take around 3 wks
    if they maintain high daily volumes

    so yes they are pounding down the price....till they close out their shorts.....
    -----------------------------------------------------

    do some research before making statements with no actual facts......
    and in future back up the statements with FACTS FIGURES DATES ETC.....
    --------------------------------------
 
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