Despite Paladin Energy releasing its June 2012 quarterly activities, reported record levels of uranium production at both its Langer Heinrich and Kayelekera operations, there is negative chatter. Any thoughts
http://www.smh.com.au/business/resource-companies-face-cash-crunch-by-christmas-20120802-23ice.html
"The uranium miner Paladin is in a more difficult position, with $125 million in bonds due to mature just seven months from now, and just $US96.9 million in cash at last report. Paladin had a $US120 million loss in the six months to December 2011, and with uranium prices recently slumping to a multi-year low, the company is discussing asset sales and other options to enable it to meet its debt obligations."
smh news pdn faces cash crunch by christman
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