The title of today's The Australian article:
"China's CNNC rescues Paladin"
It's good that CNNC has been outed. Although there is risk associated with a non-binding agreement, CNNC is already a partner and 25% owner of LH, and I doubt they'd make such an agrement if they weren't serious about it.
If and when the deal goes through, PDN won't have another debt obligation til 2020. By then the U308 price will be up (even on the most pessimistic predictions).
We'd all wish the agreement was binding but, on face value, it is bloody brilliant for PDN.
The title of today's The Australian article: "China's CNNC...
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$10.16 |
Change
-0.040(0.39%) |
Mkt cap ! $3.038B | |||
| Open | High | Low | Value | Volume |
| $10.00 | $10.24 | $9.96 | $17.95M | 1.771M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5383 | $10.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $10.19 | 1000 | 1 |
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