Paladin Energy Ltd.: Quarterly Activities Report

Company News

Paladin Energy Ltd. (TSE:PDN,ASX:PDN) reports its quarterly activities report for the period ending 30 September 2010. The press release is quoted as saying: Sales for the quarter were 1,043,000lb U3O8 generating revenue of US$48.4M representing an average sales price of US$46.44/lb U3O8 (average Ux spot price for the quarter was US$45.50/lb U3O8). The lower average sales price […]

Paladin Energy Ltd. (TSX:PDN,ASX:PDN) reports its quarterly activities report for the period ending 30 September 2010.

The press release is quoted as saying:

Sales for the quarter were 1,043,000lb U₃O₈ generating revenue of US$48.4M representing an average sales price of US$46.44/lb U₃O₈ (average Ux spot price for the quarter was US$45.50/lb U₃O₈). The lower average sales price (US$55.50/lb U₃O₈ in the June quarter) reflects variations in quarterly delivery volumes in some sales contracts and the predominance of spot sales.

Click here to access the entire press release.

Click here to access Paladin’s company website.

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