sale of minority interest $190 usd to cnnc, page-55

Let's say PDN close at 60c today and hit 62c tomorrow as mkt digest sale. Is 200m for 25% a good deal? Def if u r the Chinese buyer. SP was shorted down to a ridiculous level of under 40c whilst negotiations were being conducted in the background. Now SP is 18-20c higher (that's 50%) and traders are stoked. But wonder how long termers feel re this deal. I suspect now sale is completed price of U308 will rise back above $40. Am surprised they sold 25%. i estimated 15, maaaybe 20% in earlier posts. But deal does remove threat of financial pressure for PDN.

Last question: Was a spp to holders at 50c such a crazy idea? Afterall, it meant shareholders maintain 100% interest in their golden goose. Look back in a 1-2 years time and you'll get the answer.