Once spot starts to move up it will be the beginning of a long term elevated price I think. There may be some peaks as before but this time I think it will be a much higher average over a much longer period. The net effect is that Paladin will pay down all of its debts. It will then have 1.75 producing owned mines and the other sites will be developed over the highly elevated spot era. As I believe we are no only entering the proper new age of nuclear it will be a generational era, 20+ years.
As to pricing... In my opinion and assuming markets recover, global economy sorts itself out through this year and ramping up next, euro/us re order energy supply long term to benefit Australia/Canada...
$1 PDN within 6 weeks
$2 PDN before Dec 31 2014
$5 PDN before Dec 31 2016
$10 PDN before Dec 31 2020
Totally my thoughts and opinions.
Investing long term.
spot price still in the doldrums, page-18
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Last
$9.60 |
Change
-0.005(0.05%) |
Mkt cap ! $2.872B | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.94 | $9.49 | $16.41M | 1.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 916 | $9.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.60 | 2917 | 14 |
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| Last trade - 15.14pm 07/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |