Paladin Energy Ltd. Reports Sales and Production Results for the Quarter Ended June 30, 2018; Provides Production Guidance for the Quarter Ending September 2018
For the quarter, the company reported U3O8 production of 354,465 lb was down on the preceding quarter by 47%. The amount of drummed material produced (i.e. U3O8 drummed) for the quarter was down 30% from last quarter at 515,774 lb.
For the quarter the company expects uranium sales anticipated to be in the range of 250,000 lb to 300,000 lb U3O8.