Monday, August 25, 2008

Paladin Energy Ltd: PRELIMINARY FINANCIAL REPORT

Paladin Energy Ltd announces the release of its 30 June 2008 Appendix 4E - Preliminary Financial Report.

Projects:

- Production of 1.71Mlb of U3O8 at the Langer Heinrich Uranium Project in Namibia achieved by year end.

- Langer Heinrich Stage II production expansion project to 3.7Mlb pa on budget and on schedule for completion by end of calendar year 2008. Expenditure to 30 June was US$8.9M. Components of Stage II capital will support Stage III expansion to 6.0Mlb pa. read more

Source: Paladin Energy Ltd

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