Paladin’s prospects improve on back of Japan’s nuclear restart – The last vestiges of hope?
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2 March 2014
After three years of bad news, investors in loss-making uranium miner Paladin Energy have witnessed a number of developments over the past six weeks to give them hope the company can survive.
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http://www.afr.com/p/business/companies/paladin_prospects_improve_on_back_FmEFy8cLJcOEMbUquhWx7H
vestige
ˈvɛstɪdʒ/
noun
noun: vestige; plural noun: vestiges
1.
a trace or remnant of something that is disappearing or no longer exists.
“the last vestiges of colonialism”
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Roll up roll up ! get yer Palladin shares here!
going cheap
cheap as lehmans! 20 percent in a day increase!! totally sustainable as long as nuclear waste is around! honest!!
Paladin a hot bet for punters reacting (should read retching imo – arclight2011) to nuclear aspirations
Mar 02, 2014 (Menafn – The Australian Financial Review – ABIX via COMTEX) –News that Japan may revive its nuclear power industry caused shares in Paladin Energy to surge nearly 20 per cent in a single day. Investors in Paladin will hope for a turnaround in the embattled uranium sector, even if Japan moderates its use of nuclear reactors following the Fukushima disaster. Paladin has already established two uranium mines. It may be the Australian firm best-positioned to benefit from a recovery in uranium prices, with the possible exception of Rio Tinto.
Publication Date: 3 March 2014
PALADIN ENERGY LIMITED – ASX PDN
MACQUARIE GROUP LIMITED – ASX MQG
ASX LIMITED – ASX ASX
ENERGY RESOURCES OF AUSTRALIA LIMITED – ASX ERA
RIO TINTO LIMITED – ASX RIO
UBS HOLDINGS PTY LTD
https://www.menafn.com/4cde0889-b772-414d-bd69-e6fc1376b991/Paladin-a-hot-bet-for-punters-reacting-to-nuclear-aspirations?src=MWHEAD