Uranium miner Paladin out of Niger because of share price fall, as well as kidnappings

Paladin pallid at prospect of insecurity in Niger, The Age, David Symons, September 30, 2010 “…..Take a step back, and it’s tempting to surmise that Paladin’s efforts to back away from the acquisition have nothing to do with the kidnappings in Arlit……For its part, the market is ..sceptical regarding NGM’s prospects. If it goes through, the Paladin offer works out at about 15¢ for each NGM share. But NGM shares closed yesterday at 9.2¢, down 39 per cent.

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