PDN 1.92% $10.09 paladin energy ltd

Very important election for Paladin. A Labor loss would likely...

  1. 13,176 Posts.
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    Very important election for Paladin. A Labor loss would likely open the path to mining on Mt Isa assets. A Mad Katter party holding the balance of power would also be favourable to uranium mining hopes as they are supportive.

    The recapitalisation of PDN's balance sheet could be a game changer for the company ... AREVA is already the most likely big fish interested in these assets. Will JB take a paper haircut since SMM was acquired at almost thrice the current SMM SP, but walk away with much valued cash from AREVA or a conglomerate of bidders?

    A sale would have the current SP severely undervalued.

    Any thoughts?
 
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