PALADIN ENERGY LTD
ACN 061 681 098
Paladin Energy Limited ('Paladin')
Registration No. ACN 061 681 098
Registered as an external company in Namibia
ISIN Code: AU000000PDN8
NSX Share Code: PDN
HALF YEAR FINANCIAL RESULTS FOR THE SIX MONTHS ENDING 31 DECEMBER 2021
Paladin Energy Limited (ASX: PDN) ("Paladin") is pleased to announce its financial results for the six months ended 31 December 2021.
OVERVIEW OF PERFORMANCE
Net loss before income tax from continuing operations (US$'000)
Total comprehensive loss for the year (US$'000) Continued operations - basic and diluted earnings per share (cents)
Discontinued operations - basic and diluted earnings per share (cents)
Number of shares in issue
31 December 2021 | 31 December 2020 |
(10,985)(25,231)
(10,986)(25,378)
(0.01)(0.09)
- | - |
2,678,839,972 2,043,196,636
FINANCIAL OVERVIEW
- Net loss from continuing operations of US$11.0M for the six months (net loss of US$25.4M H1FY2021)
- Unrestricted cash and cash equivalents of US$38.0M as at 31 December 2021 with no corporate debt
- Cash expenditure of US$5.6M for the six months (US$4.6M H1 FY2021)
- There is no change in the expected full year cash expenditure of US$12.2M as Paladin focuses attention on exploring value enhancement opportunities at the Langer Heinrich Mine and across the Company's broader asset portfolio.
SHORT FORM ANNOUNCEMENT
This short form announcement is the responsibility of the directors. It is only a summary of the information contained in the full announcement and does not contain full or complete details.
The full announcement can be found on the company website at:
https://wcsecure.weblink.com.au/clients/paladinenergy/headline.aspx?headlineid=61078814
and via the NSX linkhttps://senspdf.jse.co.za/documents/2022/nsx/isse/pdn/pdn31dec21.pdf
By order of the Board of Directors
Andrea Betti
Company Secretary
25 February 2022
Registered Office
Erf 3981B
Extension 10
New Industrial Area
Swakopmund
Namibia
Sponsor
IJG Securities (Pty) Ltd Member of the NSX
4th Floor, 1@Steps, C/O Grove and Chasie Street, Klein Kuppe P O Box 186, Windhoek, Namibia
Registration No. 95/505
Attachments
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Disclaimer
Paladin Energy Ltd. published this content on 25 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 February 2022 10:31:03 UTC.