I particularly like the 'looking for additional Uranium resources in Malawi'... I think again this is a smart move to ensure that there will be long term economies of scale improvements... after careful digestion of this release I believe it to be stronger than first read.
This C&M fits in post LH % asset sell very well. A smart and correctly timed strategic move. Its what is not said and explained which is the key bit here... Dig and think about what's going on here and the long term is looking stronger... I think it would have been hard to put on C&M earlier with regards to the relationship with the Malawi government. Paladin needed to be seen to 'suffer' a bit first. Its how it plays out which is the key bit.
Superb decisions ever since sloppy book build late last year.
My thoughts and opinions only.
Investing long term.
pdn, page-32
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Last
$13.13 |
Change
0.060(0.46%) |
Mkt cap ! $3.942B | |||
| Open | High | Low | Value | Volume |
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| PDN (ASX) Chart |