Paladin Energy Ltd

( ASX:PDN ) - Energy


Paladin Better Positioned For Uranium Upswing

Paladin Energy (PDN) disappointed brokers with the uranium price it realised in the December quarter but it delivered a positive, if measured, outlook commentary. The company has trimmed FY15 production guidance to what brokers believe is a more realistic 5.2-5.5m pounds but Paladin is nonetheless considered to be in a better position now to benefit from a more sustained recovery in the uranium market.

Read More

Paladin Clears The Way For Uranium Upside

It’s been a tough year for uranium producer Paladin Energy (PDN) as the spot uranium price has plummeted, reversing the upside advantage the company enjoyed pre-Fukushima when it could sell uranium at healthy spot prices while longer established peers were still stuck with longer dated contract pricing commitments. As the uranium price fell and cash began to burn, Paladin’s debt position weighed heavily.

Read More

Paladin Drives Uranium Price Higher

Australian-listed uranium producer Paladin Energy (PDN) last week announced it would place its Kayelekera project in Malawi into care and maintenance until “a sustained price recovery occurs”. The shutdown at least temporarily removes around three million pounds of U3O8 from annual supply.

Read More

Analyst Views