Very sad news indeed. My sympathy goes out to the families left behind in this tragic accident.Kauri said:I hear that a jet has gone down in Malawi with 8 PDN people aboard.
Fab said:A couple of question regarding Uranium that will have an impact on PDN.
When is due the ALP meeting when they are supposed to review their Uranium policy ?
When is Cameco flooded mine update ?
When will we know if the U spot price has increased from $85 ?
Fab said:I am not sure what to do with this one @ the moment, I have some pdnwmf that expire end of this month. I bought them @ an average of 0.89 and I don't know if I should sell them @ a loss now or hope for a recovery before the end of the month. Any suggestions?
Kauri,Kauri said:I'm half expecting a drop yet back into the $7's...
It's Snake Pliskin said:Kauri,
I have been waiting for my short signal.
Kauri said:Snake,
What will give you your short signal, the indicators you have on your chart, or maybe price/vol, a combination ?
Gurgler said:F
Kauri/Snake - you still reckon on a re-draw to below $7.90. How overvalued do you regard it?
Gurgler said:From FN Arena today:
Paladin Achieves Its First Export
FN Arena News - March 12 2007
By Greg Peel
Paladin Resources (PDN) will see its Langer Heinrich uranium mine in Namibia officially opened by Namibian president Hifikepunye Pohamba next week, although production is already underway. Paladin expects the mine to reach full production status by mid-year, by which it will be producing 90t of U3O8 per month.
In the meantime, a report in The Economist notes the first export deal has been completed, with 10t of oxide having been sold to US uranium distributor ConverDyn for delivery on March 20.
The deal is an important step in satisfying the market that all the hype surrounding Paladin is justified, particularly as is reflected in its spectacular share price run. As a new entrant into the market, Paladin has struck at a time when uranium is very thin on the ground. The auction market price has just hit US$90/lb.
There was no confirmation as to what price the export deal was struck. FNArena contacted Paladin management for confirmation of the deal this morning, but as yet has not received a reply.
What is the consensus on the ConverDyn price? Discounted - but not as heavily as ERA's?
And what impact on SP if it is?
Kauri/Snake - you still reckon on a re-draw to below $7.90. How overvalued do you regard it?
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