PDN 1.57% $8.17 paladin energy ltd

EDF has sold its claim against PDN to Deutsche. What has...

  1. 2,502 Posts.
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    EDF has sold its claim against PDN to Deutsche.

    What has happened to the sales contract for delivery of uranium to EDF? There was a floor price for uranium delivery in this contract, which was never fully disclosed, but it is clear that it was well above current uranium prices.

    As such, this contract was an asset with value for PDN. But I don't see what the status of this contract is now.

    Does anybody here know what happens regarding the future sales to EDF and their commitment to pay the floor prices for the supply?
 
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