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Paladin needs magic lamp

The plight of once market darling Paladin Energy (AU:PDN) has worsened over the festive period with the Namibia-focused uranium producer put on notice by major offtake partner, EdF (FP:EDF).

Paladin needs magic lamp Paladin needs magic lamp Paladin needs magic lamp Paladin needs magic lamp Paladin needs magic lamp

Paladin continues to trudge through the Namibia desert in search of a uranium price recovery

Paladin last week received a request from the customer for additional security against a US$200 million prepayment made on a 2012 contract.

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