PDN 2.53% $11.74 paladin energy ltd

THE SQUEEZE IS ON, page-2231

  1. 378 Posts.
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    Really Good Paladin Presentation here by Ian Purdy

    - "We have plenty of cash" - $61m in the bank -$150m debt facility.
    - The only outstanding mine commissioning is the drying and packaging plant (i.e. it's basically up and running at this point)
    - First sale of U308 should be in June.
    - First sale will be to CNNC with whom they have early payment terms.
    - CNNC will take as much U308 as PDN want to send.
    - First money from sales should be in the bank in June (Payment = when the first ore is loaded onto a boat)



 
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