we could sell the 75% of Langer Heinrich Mine to the Chinese as they already own 25%. The other 75% that we own is worth more than 570 million, this sale could easily pay off the debt or we could sell another project that is worth the same amount as the dept. The only problem is most paladins assets are worth double or more of the debt and under increased prices worth a hell of alot of money maybe thats why they are reluctant to sell off the assets.
570M is based on the price the Chinese payed for the 25%
Sell assets not the company, page-2
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Last
$7.69 |
Change
0.400(5.49%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $7.54 | $7.84 | $7.52 | $38.43M | 4.996M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | $7.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 10674 | 2 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |