really, well history reveals the uranium price plunged from US$68 lb before the Fukushima disaster, to US$35 lb after the Fukushima disaster ........The price of uranium, used mainly as fuel for nuclear reactors, plunged after the March 2011 meltdown at the Fukushima plant 240 km (150 miles) from Tokyo and has struggled to recover ever since. August uranium futures stood at $35.15 per pound on Wednesday compared with $68 per pound before the earthquake and tsunami that triggered the disaster.
http://www.reuters.com/article/us-australia-uranium-idUSBRE97K09R20130821
Just imagine the debt Paladin could have retired had uranium prices remained higher and they were able to achieve some sales at the higher (pre Fukushima) spot prices
Ann: December 2018 Half Year Results Presentation, page-34
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