Capital raising, page-15

PDN holders should be wary of absurd statements like this one - lofty valuations bandied about with zero supporting evidence or connection to reality

$US$500-900m he says, ‘depending on where the U price goes and how fast’. What sort of statement is that? It is so non-sensible as to defy refutation

In my opinion, the current valuation for Paladin factors in some very optimistic commodity price trends over the next 12 months.

As/if these trend assumptions become increasingly less likely, the company shareprice will continue to correct