PDN 1.44% $11.66 paladin energy ltd

Todays Sept Qrtly Call, page-23

  1. 472 Posts.
    This site has a nice graph that can be selected for daily, weekly etc.


    http://futures.tradingcharts.com/chart/UX/?anticache=1416253899


    Also, this headline from Citi.

    Paladin Facing Funding Crunch, says Citi -- Market Talk
    PDN$0.420.00 (0%)ASX real-time quotes as of 18 11 2014 06:49am AEDT



    0132 GMT [Dow Jones] Rising spot uranium prices may have helped the market warm a little to Paladin (PDN.AU), but Citigroup remains firmly in the bear camp, keeping a sell recommendation and A$0.25 price target on the stock. The African-focused uranium miner has a US$300 million convertible bond due next November, which Citigroup reckons it'll struggle to meet, despite the company currently holding a cash balance of US$210 million. Taking into account working capital requirements, the broker believes Paladin will end up with a roughly US$200 million funding gap come November. Funding options could include a share issue, a further stake selldown in the Langer Heinrich mine, or extra project debt. ([email protected])
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.