The drop in the uranium price as a result of Fukushima was not the PDN Director's and Boards fault. Fukushima was in March 2011, over 6 years ago. However, the Directors and Board of PDN have had 6 years to develop and run PDN. All they have done is run PDN into the ground. Surely these Directors and the Board members should be investigated into the way they ran the company and why they could not keep a top ten world class mine running. From my reading of the past publications/letters/annual reports a lot of the running of the company was based on a hope the uranium price would recover in time to bail their poor capital expenditure decisions out. I would like to see their running of the company over the last 5 years investigated and if found lacking judgement all of them should not be allowed to be a director of a company again.
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Price($) | Vol. | No. |
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