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7/30/2015 - 12:00 PM EST - Paladin Energy Ltd : Advised of a material reduction in its forecast FY16 cash flow break-even level through a sustainable reduction in its forward all-in cash costs (including capital expenditure, corporate costs and debt servicing). These measures (outlined below) will reduce Paladin's total cash costs by more than $33 million U.S.(compared to FY15). Further measures that will be implemented within the Dec 2015 quarter are expected to bring the Company's overall cash flow to a break-even level that is sustainable even if the current low uranium price environment continues. Paladin Energy Ltd shares T.PDN are trading up $0.02 at $0.22.