PDN 2.38% $7.60 paladin energy ltd

Ann: Paladin to Retain Langer Heinrich, page-42

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  1. 427 Posts.
    Not at all. They already own 25% so CNNC would be well aware of any issues if there were any. There is nothing that has occurred at the mine or in the market since the CNNC put forward its intent to exercise an alledged option and their decison to not proceed. It appears there are political and other issues in China that may be at play. The good news for PDN is that they retain their LHM share which gives them scope to negoitate a deal. I dont think the Chinese etc are as long term or infalable thinkers as many like to report. There is no real evidence of that anywhere. The Chinese are no smarter or better than anyone in the west and will make the same mistakes.
 
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