traded as expected..., page-7

Hi Folks

Another brilliant day, and in fact week for AEX.

We may have seen the last week where it trades sub 5 cents.
To finish 4.9 (high of 5.2) was beyond my expectations.

So we have April next week, drilling expected shortly and expecting to reflect similar...perhaps better drill results from previous explorations.

If Uranium can continue to capture the imagination of the market and the world becomes increasingly aware of the upcoming shortages, then we have a number of catalysts all working together to get AEX 'substantially' rerated.
Its easy to get carried away at the moment with all the 'hype'
But AEX is more than a U hopeful. It picked well with DD.

The Uranium and Gold reserves have been well documented here. They are not small fry. In fact AEX should be considerably higher already.
This is a major opportunity imo to get set at what will be considered bargain prices in the coming months..let alone years obviously.

This is one of those small caps that has the potential to do an OXR/TOX.
Some might think this is a bit 'far fetched'...I don't.

Uranium is at record levels, gold is approaching $600.

Nobody knows what the market will do next week let alone in 12 months time.
But try to 'imagine' if DD is further drilled and we have a clearer resource estimate on 'known' reserves...
Add to that further excellent drill results...and there should be some...after all we have 30 years technological advances and awareness re drilling campaigns.
Imagine too that U and AU stay strong.

Compare PDN Market cap 2.2 billion share price $5.18 to AEX market cap 25 million 4.9 cents....different companies obviously but in the same game nevertheless...and DD is a medium advanced project. More value should be attributed to it.

Forget the debates about 'how many shares on issue etc'...that is irrelevant!

Imo, and it is only that, if you were to multiply the market cap 10 times you have $250 million....still one tenth of PDN!!!

Not a big stretch that one really considering what 'may' be at DD is it?

12 months of developments should more than shore up what is 'expected' to be 'still' there.

Who here thinks in this climate of imminent shortages of U that projects such as this, especially in SA will not be given the green light? The world needs uranium.

If DD is what it 'appears' to be, if U holds around current levels...let alone goes up...and market forces suggest it may still appreciate, let alone the Gold factor, then we have a very valuable operation on our hands.

This is a multi bagger from here make no mistake about that.

12 month (minimum) hold for me and topped up with more earlier in the week.

Imo the best spec uranium play going around with gold as the back stop.