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BRIEF-Paladin Energy reaffirms annual guidance

Published 15/10/2015, 09:41 pm
BRIEF-Paladin Energy reaffirms annual guidance
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Oct 15 (Reuters) - Paladin Energy Ltd PDN.AX :

* Quarterly activities report for the period ending 30 September 2015

* Says annual guidance reaffirmed

* Says total sales for the quarter was 800,000 lb u 3 o 8 at an average selling price of us$46.12/lb

* Sales volume for the September quarter was lower due to inventory accumulation for a major cnnc delivery despatched on 1 October

* Continues to expect the remaining quarters of FY 2016 to be cash generative and for it to be cash flow neutral on a full-year basis

* Source text for Eikon urn:newsml:reuters.com:*:nMKWwTzz1a

* Further company coverage PDN.AX

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