It is pretty clear who is buying Paladin and clearly enjoying...

It is pretty clear who is buying Paladin and clearly enjoying any share price weakness ...

W H Soul Pattinson.

For those who do not know they have been listed since 1903, and have not failed to pay a dividend and have the best track record on the ASX over the last 40 years compounding at 17%. Also keep in mind they have returned x100 (not including dividends) by buying New Hope at 4 cents. They own > $1.0 billion of Coal miner New Hope.

Now i am very surprised no one has connected the dots on this.

If anyone read the transcript of the H1 earnings call of Paladin, the W H Soul Pattison Analyst was inquiring about three matters, with positive sentiment, asking in a tone where they had already done work and confirming being on board. He also congratulated the company and wished them well. Umm read between the lines, they clearly own it, follow the track record of behavior.

This is a group that the Chairman says has only 10 people in total running over $6 billion. They are the Warren Buffet family office of Australia, whom have built mines from zero. A very highly regarded group.

Then you also have an interview go to market this weekend with Robert Millner, Chairman of W H Soul Pattinson saying Nuclear power in Australia should be looked at and is the lowest cost. He is also Chairman of TPG, Brickworks, and New Hope Coal.

SOL doesn't care for the two overseas Uranium mines (thats a free kick, which on Price Book you are buying below replacement cost at 0.7x - cheap).

What they would be looking at the three land deposits in Australian that Paladin owns and go we will develop that. They own there own port with New Hope, they have a team of Mining experts and they are investing now in a space no one has interest. They are getting a free option on those sites. This is how SOL has invested for 140 years. They would know the energy mix needs of India and China better than anyone and with the shift of sentiment against Coal and move to Nuclear, as both China and India have shown, they are clearly looking at coal and going we must diversify.

It is so simple and no one here has picked up on this.