PDN 5.94% $8.20 paladin energy ltd

Ann: LHM Potential Care & Maintenance Decision, page-7

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  1. 7,495 Posts.
    lightbulb Created with Sketch. 74
    Well, it might go something like this.....

    Lets say the U market responds positively to the news of LHM to put on C&M, potentially removing 3.5+mil bls from the spot market, and push up the spot price.

    In 6 months time, the U spot price might improve, and PDN decides to continue with the production and mining... and everybody talking about ramping up, and U spot drop....

    and so the cycle of chicken or egg just drag on ...
    Last edited by ML173: 26/04/18
 
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