PDN - Paladin Energy

[Halba]

Re: PDN - Paladin Resources

5.8 billion mkt cap?

 

[nizar]

Re: PDN - Paladin Resources

5.8 billion mkt cap?

If you wanna start talking market cap PDN was expensive at $4.
Expensive DOES NOT mean a stock cannot go any higher.

 

[Prospector]

Re: PDN - Paladin Resources

So now PDN have a takeover bid for SMM! Seems SMM holders like it ( before the announcement, anyway - talk about insider trading given its hardly moved recently) but PDN holders dont (again prior to the announcement!). As a holder of both, what should I be feeling then

 

[nizar]

Re: PDN - Paladin Resources

So now PDN have a takeover bid for SMM! Seems SMM holders like it ( before the announcement, anyway - talk about insider trading given its hardly moved recently) but PDN holders dont (again prior to the announcement!). As a holder of both, what should I be feeling then

You should feel RICH i think both will do very well esp. SMM.
Actually PDN might ease a bit coz the holders mite think they paid too much.
But SMM will fly.

 

[Halba]

Re: PDN - Paladin Resources

Better for SMM holders definitely.

 

[exgeo]

Re: PDN - Paladin Resources

Short term, better for SMM holders. Long term, better for PDN who will end up being one of the few listed uranium companies with production and also a pipeline of proved-up resources ready to go once the regulatory climate changes. Anyone who listened to the interview with Mr Dines of the Dines letter on Minesite.com will probably agree with this. Basically, assuming there is a uranium supply deficit, utilities will be prepared to pay almost "any" price for fuel if the alternative is a $2Bn dollar power plant sitting idle. Expect more takeovers of companies with advanced projects or at the minimum, JORC resources (MTN, EME, NEL, CTS).

 

[Sean K]

Re: PDN - Paladin Resources

Any chance SMM will ask for more?? Seems like a pretty good price to me. Anything over 30% premium is VG.

 

[exgeo]

Re: PDN - Paladin Resources

I guess there's always the possibility of a bidding war. How many companies are there in the world with large resources, and still finding more? It's not like a company wishing to acquire resources can pick from the other 10 or 20 available if they miss out on this one.

 

[Halba]

Re: PDN - Paladin Resources

Fair price coz its a scrip bid. SMM holders will still participate in future gains.

 

[Kauri]

Re: PDN - Paladin Resources



Just tidying up loose ends???

From the PDN ann..
Summit is a Western Australian based exploration company with interests in uranium, copper, gold, phosphate and iron ore exploration projects in northwest Queensland. The most advanced project in Summits portfolio is the Valhalla uranium deposit situated near Mount Isa. The Valhalla deposit, together with Skal is part of the Isa Uranium Joint Venture Agreement ("IUJV"), of which Summit is manager and holder of a 50% interest. Paladin holds the other 50% interest in the IUJV.

 

[Sean K]

Re: PDN - Paladin Resources

Just tidying up loose ends???

It also tidies up the litigation between SMM and RSG. SMM were going to possibly have the right to acquire all the IUJV for 85% of it's market value. Now PDN will have it all.

 

[nizar]

Re: PDN - Paladin Resources

WHat is every1s thoughts of PDN now taking over DYL sometime in the near future?

This will give them ownership or all the uranium on Valhalla and Mt. Isa region.

Maybe a good chance to enter DYL today with a tight stop, it hasnt traded at 40c for ages (this year).

 

[Sean K]

Re: PDN - Paladin Resources

WHat is every1s thoughts of PDN now taking over DYL sometime in the near future?

This will give them ownership or all the uranium on Valhalla and Mt. Isa region.

Maybe a good chance to enter DYL today with a tight stop, it hasnt traded at 40c for ages (this year).

Possibility. Will they be stretching their bank account? Might have to bed this down first.

 

[Sean K]

Re: PDN - Paladin Resources

Well, now us SMM holders need PDNs sp to hold up for our $5.10 valuation to come through. $10.00 support for PDN at the moment, but momentum looks to be turning, or turned really. Support at $9.00 which will put our SMM shares closer to $4.50....

On the other hand, if PDN turns around and keeps heading north.....

I thought this was overvalued back at $5.00 ish however.....

 

[Halba]

Re: PDN - Paladin Resources

I dun think dyl has any jorc resources in QLD? what kind of resources dyl has, seem to be subeconomic u spread out through namibia

 

[Freeballinginawetsuit]

Re: PDN - Paladin Resources

It bounced to $5.25 shortly after your post a month ago. Regardless of external issues.

The money made could have been put into Nickle/Zinc plays, they all subsequently ran in the following weeks.

You could have then bought PDN a few days back for $4.90 (it found support here) and punted on a break at some time in the near future.

Sure a bit of lucky news happened. Some news was bound to. Considering U at the moment and PDN clear objectives in the market and swallowing up the exploration plays, its quite obvious they are fast becoming a potential big boy!.

Seems PDN has had some clear objectives for a while

 

[Go Nuke]

Re: PDN - Paladin Resources

Sorry if this sounds stupid...but could PDN look at taking over BMN?

Being so close to their mine in Nambia?

 

[Halba]

Re: PDN - Paladin Resources

Hi nuke. pdn will only take over companies with jorc resources. bmn does not have a jorc compliant resource (yet).

 

[Go Nuke]

Re: PDN - Paladin Resources

Hi nuke. pdn will only take over companies with jorc resources. bmn does not have a jorc compliant resource (yet).

ok thanks Halba

 

[Fab]

Re: PDN - Paladin Resources

Sounds like buying SMM before the forecast policy change is a very good move by PDN now why did PDN share price go backward today?