PDN 0.72% $8.24 paladin energy ltd

I have a few questions that hopefully someone more knowledgable...

  1. 1,211 Posts.
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    I have a few questions that hopefully someone more knowledgable than I can answer..


    1. Why did PDN give $60mil (US$63,834,000 to be exact) to Deutsche Bank from the $115mil raised from the new note holders only to be then used as a debt facility??
    - is it to offset interest from the new notes??

    2. Why is there $120mil debt now, where did the extra $5mil come from?

    3.  The presentation is stating there is $50mil cash but the annual report is saying there is only $39,166,000?

    4. Wasn't all debt extinguished from DOCA?
    Why is there still an interest bearing loan from CNNC??
    - Didn't/don't they owe PDN 25% running costs of LHM?

    Screen Shot 2018-09-24 at 6.21.39 pm.png

    Hey @rigormotis
    I have read some of your older posts on PDN and some I wouldn't mind reposting (post outcome of DOCA), you might be able to answer some of these questions if others here can't.

    Thanks
 
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