FFX 0.00% 20.0¢ firefinch limited

Re-Rating: General Lithium & Mali Lithium, page-225

  1. 6,444 Posts.
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    Without even reading it, I know it details Paladin's demise, which was brought about by the three things:

    1) Collapse of the uranium market due to the Fukushima incident in March 2011

    2) Too much debt

    3) Reluctance to secure binding long term uranium contacts, preferring to gamble on a rising uranium spot price that never materialised.

    None of this takes away from their achievements to develop two uranium plants in Africa. It seems you've missed the entire point.

    'They blew it big time '. Tell that to the many who made a motza during the rise from pennies to $10. Depends on your perspective.
 
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