25
Jul
CHAMWE KAIRA In terms of liquidity, as at 30 June, Paladin Energy, which owns the Langer Heinrich Mine has disclosed that it held cash and cash equivalents of US$48.9 million (excluding restricted cash of US$4.3 million) and US$70 million had been drawn down from the company’s US$150 million debt facility, the company said in a quarterly activities report for the period ending 30 June. Subsequent to quarter end, the company received a cash receipt of US$24.8 million representing a partial advance payment under the terms of the customer offtake agreement, in relation to the shipment on 12 July. The Langer…