PDN - uranium spot price? Help Please, page-23

One of the most important things that any business must do is to keep an eye on it's competitors. The demise of ERA will clearly strengthen PDN and will benefit the whole uranium sector and pricing in the uranium sector going forwards as ERA was expected to be a major source of supply within a few years - now that expected supply has disappeared and can be removed from all equations. PDN can now clearly state that it is the number one producer in Australia and will be forever going forwards - great for marketing your product.

I expect an INCREASE in uranium prices across all terms once this fact sinks into the thick heads of the people that are paid to be employed in the uranium industry and in the broker industry.