yes a 64 page report and all they can see is
$US133 loss it not what it first may appears to be if people read the whole report..
the company in fact MADE A PROFIT....
"Paladin said its net loss was mainly a result of a $US133 million ($A124.32 million) impairment cost associated with the writedown of the Kayelekera mine in the September quarter, which was needed after uranium prices fell post-Fukushima."
what people need to do is go and read
"THE MANAGEMENT DISCUSSION AND ANALYSIS"
STARTS PAGE 18 ENDS PAGE 34
you get the improving picture there...
and some people need to read up on what
an " impairment " is
make it easy do a google...
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paladin posts $us120m net loss , page-5
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