PDN 1.11% $13.70 paladin energy ltd

Lol... I like that... "or extra project debt". .... How would...

  1. 776 Posts.
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    Lol... I like that... "or extra project debt". .... How would rolling over the notes be extra debt

    At the current uranium price pdn should be cash flow positive, as I mentioned depreciation is non- cash.... So if they pay a little bit off out of the current 210 million they have, plus the additional cash generated.... Say reduce debt by $100 million... And roll the rest.

    Let citi stick with their 0.25....I detest them as a organization and put about as much faith in their predictions as I would trust our dear Ms Gillard ... I just hope they get burnt with the rest if the shorts.

    I still don't understand why a few people are focusing on a CR when the debt is 12 months away... A hell of a lot can happen in that timeframe... Heck... Spot could be 70 dollars by then and our sharenprice 1.50... It does make me wonder about motives of posters who perhaps don't declare it they are short. Obviously I'm long

    Long and the short of it... I just think they will reduce debt from cash, and roll the rest at a lower prevailing interest rate of the day. Even If they want to raise 50 million at a buck each i'll also be more than happy
    Last edited by scocat: 18/11/14
 
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