Energy - smartinvestment.ca

Bobwins · Joined: 05 Feb 2007 Posts: 1227 Location: Seattle, Wa

Paladin has been steadily rising for the last two months from 2.20's to current C$3.82. Startup at newest mine in Africa has been near term impetus. Here is todays Q3 PR:

http://finance.yahoo.com/news/.....10320.html

rogerklam · Posted: Fri Jan 15, 2010 4:32 pm Post subject:

Hi,

In case you are interest in PDN, shares will be keep flowing to the market due to the last PP (unit price is $4.6) and it is now trading at $3.83. U may even get it cheaper going forward.

Cheers
Roger

http://phx.corporate-ir.net/Ex.....M=&t=1

rogerklam · Posted: Tue Jan 18, 2011 12:53 pm Post subject:

http://www.marketwire.com/pres.....381263.htm

Paladin Energy Ltd-Redemption of Outstanding Convertible Bonds Due 2011

rogerklam · Posted: Fri Jan 21, 2011 5:49 pm Post subject:

Hi,
Have absolutely no idea why the stock price drop with this New.
Cheers
Roger

http://finance.yahoo.com/news/.....0&.v=1[url]

Paladin Energy Ltd: Quarterly Activities Report for Period Ending-31 December 2010[/url]

rogerklam · Posted: Fri Sep 30, 2011 3:54 pm Post subject:

Post says Paladin Energy financing prompts target cut

2011-09-30 09:44 ET - In the News

The Financial Post reports in its Friday edition Paladin Energy's ($1.15) move to raise $69.2-million through a private placement, possibly to help ward off hostile bidders, has at least one market-watcher scratching his head. The Post's Christine Dobby, writing in Trading Desk, says the Australian uranium producer completed the financing issuing 56.9 million shares at $1.22 each. "We are surprised Paladin would issue equity at such dilutive levels," said Bart Jaworski, an analyst at Raymond James. He wondered why the company would need the funds given what is known about its financial situation. Paladin recently drew down $127-million (U.S.) from its Kayelekera plant in Malawi. The company had $117-million (U.S.) cash on hand as of June 30, 2011, and no expected funding shortfalls or debt covenants in the near future. "We understand Paladin does not want to use the funds to pay down existing debt and wants to provide additional protection in the event of any hostile bids," the analyst said. Mr. Jaworski said the changes dropped his net asset value per share 8 per cent to $2.91 from $2.97. He revised downward his share price target to $2.40 from $3.40, but he kept his outperform rating.

http://www.stockwatch.com/News.....p;region=C

rogerklam · Posted: Wed Aug 15, 2012 10:59 am Post subject:

http://www.stockwatch.com/News.....p;region=C

Paladin Energy Ltd
Symbol C : PDN
Shares Issued 835,645,290
Close 2012-08-14 C$ 1.32
Recent Sedar Documents

View Original Document
Paladin Energy to deliver 13.7 Mlb U3O8 under contract

2012-08-15 08:19 ET - News Release

Mr. John Borshoff reports

PALADIN ENERGY LTD-LONG TERM OFF-TAKE CONTRACT WITH A US$200M PREPAYMENT

Paladin Energy Ltd. has entered into an important, long-term off-take contract which underscores the operational capability the company has attained in the uranium supply sector.

Paladin has signed a milestone six-year off-take agreement with a major utility to deliver a total of 13.73 million pounds of U3O8 (triuranium octoxide) in the period from 2019 to 2024 incorporating a prepayment of $200-million (U.S.) as its key feature. Delivery will be from its current African mining operations or a project yet to be developed from the company's significant existing project pipeline, or a combination of these options. Uranium delivered under the long-term contract will be sold at market prices prevailing at the time of delivery, bounded by escalating floor and ceiling prices.....

steelpiston71 · Posted: Wed Aug 15, 2012 5:09 pm Post subject:

You beat me to it Roger!

PDN with a strong close but was up all day on this apparent great news. Up 20 cents, 15%!

" ... according to CIBC World Markets. PDN is rated as a Sector Outperformer and they have a price target of $4.30! Also note that BNN just featured PDN as one of the top gainers and stated that BMO view this as a game changer for the company"

rogerklam · Posted: Wed Nov 14, 2012 11:58 am Post subject:

PDN is now in oversold territory, there may be more damages but it is one stock to be watched. Falling knife scenario!
_________________
I am not a registered financial advisor and the above is just my opinion not advice. You are entirely responsible and liable for using the information.

steelpiston71 · Posted: Tue Dec 18, 2012 1:57 pm Post subject:

Great call Roger, around 79 cents when you mentioned the oversold condition and 1.16 today.

rogerklam · Posted: Thu Apr 11, 2013 3:57 pm Post subject:

Globe/wire say Paladin, others seek foreign investment

steelpiston71 · Posted: Thu Apr 18, 2013 10:23 am Post subject:

Appears to be good news, of course it dropped:

Paladin Energy Ltd: Quarterly Activities Report For Period Ending-31 March 2013

PERTH, WESTERN AUSTRALIA--(Marketwired - April 17, 2013) - Paladin Energy Ltd ("Paladin" or "the Company") (TSX:PDN)(ASX:PDN) is pleased to provide its Quarterly Activities Report for the three month period ended 31 March 2013.

HIGHLIGHTS

Strong sales revenue of US$106M for the quarter, selling 1.92Mlb U 3 O 8 at average price of US$55.22/lb.

Continued solid quarterly production, with year to date production for FY2013 versus FY2012 at a record high.

combined production for the March quarter of 1.992Mlb (904t) U3O8 was 95% of nameplate production, a decrease of 9% from the December record quarter.

year to date (9 months) production for FY2013 of 6.112Mlb (2,773t) U3O8 is a 26% increase over the previous FY2012 period, reflecting 96% of combined nameplate and in line with guidance.

Cost savings and optimisation initiatives continue successfully with unit production costs continuing to reduce at both mines for the quarter.

Langer Heinrich production of 1.230Mlb (558t) U 3 O 8 achieving 96% of nameplate for the quarter.

production was influenced by temporary water constraints and some operational issues. Those are being resolved with improved water conservation measures in place and desalinated water scheduled to be introduced in May.

year to date production (9 months) for FY2013 remains slightly above nameplate.

strong recovery of 86.7% versus design of 85%.

feed grades of 810ppm U3O8 versus design of 800ppm.

production capacity remains robust and above nameplate.

Kayelekera production of 761,992lb (346t) U 3 O 8 achieving 94% of nameplate for the quarter.

average daily production at an all-time high for the quarter.

feed grades of 1,094ppm U3O8 on track (design is 1,100ppm).

record recovery of 87.1%.

maintaining self sufficiency on acid requirements.

safety milestone of 365 lost time injury free days achieved.

Strategic initiative work advancing well with results expected mid June quarter.

FY2013 production guidance of 8.0 - 8.5Mlb U 3 O 8 remains well on target.

mjolson · Joined: 15 Jan 2008 Posts: 77

Wasn't this supposed to be one of the next big uranium companies? Under40 cents now in the uranium lull.

Bobwins · Joined: 05 Feb 2007 Posts: 1227 Location: Seattle, Wa

Paladin is a producer but until the Japanese restart their nukes, there is a big overhang on the market. They have contracted for U308 and their stockpiles are significant. The utilities in Japan are getting zero revs from their nukes and are having to make substantial safety inspections and improvements. They have been selling into the spot market and slowly grinding prices lower. Until they restart and start using supplies and stop selling into the cash markets, prices will be soft.

Many producers are underwater at current spot prices. Will discourage new mines until prices firm up.

Someday, U stocks are going to get hot again because China, India and others are building new modern nuke powerplants that will use a lot of U308 and the Russians won't be selling as much downgraded bombs to supply the powerplant market now that the agreement ended at the end of this year.

mjolson · Joined: 15 Jan 2008 Posts: 77

Japan is still holding off on restarting their nuclear plants. Despite the high costs of natural gas. Sort of reminds me when the U.S. dropped the bomb , and the japanese stood their ground and died. Ardent people.

At the same time people are calling for Paladin's bankruptcy due to their debt load.

Could still be years before japan will back off their stance. I'm holding, but it feels like a waiting for godot scenario.

If it weren't for my desire to be first back in uranium I'd probably be trading natural gas with the people currently making the money.