The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Cameron Taylor - BofA Global Research - Analyst
: Congratulations on the announcement. I guess the first question here is, I know that you're looking for completion due early January. Is there any
risk at all remaining outside of the customary closing conditions, things being floated around. Just wondering if there's any other risks to that being
derailed?
Question: Cameron Taylor - BofA Global Research - Analyst
: Fantastic. And I guess another one would be around CGN mining. So they obviously had a vote against the acquisition, there's reports out there
that they had an agreement to purchase 20% of Fission's annual production of uranium for the life of mine. How this relationship between Paladin
and CGN at the moment? And is those sorts of offtakes still in negotiations or you look to complete the deal before you further progress discussions
with CGN?
Question: Cameron Taylor - BofA Global Research - Analyst
: Right. So I mean, you'd probably prefer a life of mine contract, I guess, similar to what you have with Langer Heinrich. Would that be a preference
for Paladin or is three years more desirable for you?
Question: Cameron Taylor - BofA Global Research - Analyst
: Yes, fantastic. And I guess just a last one. I note that the Fission we're looking to get sort of a provincial review decision from EIS sort of Q4 2024.
Do you have any sort of update on EIS? Or do you leave that to Fission to announce and wait until you've completed before, you can comment on
that?
REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us
consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies.
DECEMBER 19, 2024 / 12:00AM, PDN.AX - Paladin Energy Ltd Clearance Under Investment Canada Act
Received Update
Question: Dim Ariyasinghe - UBS Securities Australia Ltd. - Analyst
: Congrats. Sorry, I actually just joined the call. Also just apologies if this has already been asked. Maybe can you refresh us on the sort of approvals
now that you need at mine or like that Fission needs to get the mine permitted and what that looks like, please?
Question: Dim Ariyasinghe - UBS Securities Australia Ltd. - Analyst
: Yes. And does that change likelihood foreseeing that, has that changed at all with how NexGen has been going with their project or those completely
separate? I mean, I guess, is there any (inaudible), I guess?
Question: Dim Ariyasinghe - UBS Securities Australia Ltd. - Analyst
: Yes, yes. I might sneak one last one in there and maybe a bit cheeky because you've got Fission. Can you tell us anything -- any purview on how
things are going at Langer Heinrich, any update on NamWater, anything you can give us ahead of the quarterly, please? If not, that's fine.
|