PDN 0.41% $9.79 paladin energy ltd

Todays Sept Qrtly Call, page-12

  1. 1,347 Posts.
    lightbulb Created with Sketch. 17
    Yes goldbear77, they do need to reproduce the figure over several months to give it more credibility.

    However from the last QR:
    ROM ore stockpiles were full at the end of the quarter at approximately six weeks’ supply and are being supplemented by medium grade ore from long term stockpiles in line with the mine plan.

    So production is being filtered through stockpiles which would reduce the influences you have referred to and also allow grade control by blending different grades.

    The statement about October C1 costs at LH being below $30 will IMO be reproducible given the resin replacement the occurred last Q and will improve further when they complete the nano-filtration circuit.
 
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