Please correct any of my misunderstandings regarding competition but 25% of LHM is Chinese but not sold publicly. Michelin is exception to the rule of 51% Canadian ownership meaning Paladin has 100%. China has come along way since 2011 and is now considered uranium rich at 260k T circa 2019 but not enough to engage in manipulation. Blaming of sulphuric acid supply (a processing material) could suggest depletion at Kaz and Russia was not only banned by US but seeks Niger ties and uranium assets along the military belt in Africa. I could not think of a better move by Paladin to purchase a near production mine in a country like Canada where they also have another field and to be doing so after efforts to be debt free with a restarting mine this July. They are aiming to be a major player not a TO target and are moving fast. Happy to be corrected/ schooled on anything mentioned.
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