Paladin has a huge stable of U assets. Read the latest presentation. 2 producing mines and a host of exceptional deposits. Did you notice the U takeovers in the last few months?
Its very costly to get a mine up and running so the plan is to bring in a JV for some of PDN's undeveloped deposits. The way to go while U prices are supressed and margins aren't great. Obviously dosen't want to take on more debt.
Turnaround cant be far off judging by the hype on this forum. Shorts will be buying back today and loving it. Smart money absorbing all the fear and forced selling.
paladin book build 1.14 - 1.19, page-53
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |