PDN 1.57% $7.78 paladin energy ltd

The comparison is quite easy. PDN is Broke and ERA is flush with...

  1. 643 Posts.
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    The comparison is quite easy. PDN is Broke and ERA is flush with cash and contracts.

    However at this stage neither company has much of a future.. ERA have already ceased mining and unless there is a change to the current lease, mining operations will not restart,, even though there is an enormous amount of Uranium in the Deeps and Jabiluka.

    I do not view ERA as a uranium play,, I just view it as a company that has a lot of money in the bank and in its stockpiles that will be forced to pay out that money to shareholders in a couple of years time,, When exactly who knows.. But RIO Tinto will want their money at some stage.
 
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