Half Year 2019 Paladin Energy Ltd Earnings Call Transcript

Feb 27, 2019 / 01:00AM GMT
Scott Sullivan - Paladin Energy Limited - CEO

Good morning, everyone. Thank you for joining us, or good afternoon if you're calling in from overseas. We'll just commence with the presentation first. I'd just like to introduce Craig Barnes, Paladin's CFO, who will be going through the financials in the presentation; and also [Michael Drake], who has recently joined us as General Manager of Business Development and Projects and can assist in any Q&A that we have at the end of the presentation.

So we'll kick off with the presentation. Firstly, just corporate snapshot as an introduction slide there. Thank you. Market cap sitting around the $330 million at the moment. Cash, unrestricted cash at the end of December is $33 million. Our debt with accrued interest at the end of December, that's the 10% PIK that we have on our bond, is sitting at $125.9 million. That bond's maturity date is January 2023, so plenty of runway left on that at the moment.

Our share price has traded in the $0.18 to $0.20 range really since mid-last year, and our substantial shareholders' register of about 5% has

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