Uranium Spot Price $36.75 - Buying Opportunities, page-11

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slick239

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26/10/15

14:00

Post #: 16254134
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Originally posted by reddeer ↑

Magic,
I think one thing to take into account is that KM is built and on care and maintenance. The Chinese have a huge current and planned infrastructure for most of Africa including Malawi.....a plant ready to go is a bonus not a hindrance to their other Malawi committments. As a holder from the very early days with various amounts of trading (highest price paid 50k @ $8.10 ; lowest 12 c ) I would be very sorry to see a takeover at these levels.
With virtually every day bringing a positive announcement about the nuclear future i think it will not be too long before the stock comes in for a serious re rating. From the halcyion days of a few years ago literally hundreds of U companies have put development on hold due to lack of finance and depressed prices.
Even if the rapid increase in spot happens sooner than we think it will take non producers years to get going.
Paladin is one of the elite club who are in production.
And with substantial corner stone partners I dont see a take over; more a steadily growing tier one producer.
That was J.B''s dream I just hope A.M has a similar vision until a new CEO is found.
This is not intended to be a ramp so I will declare now that with a substantial investment port folio
this is the only stock I am in love with. Contrary to all investment advice.
I have added hugely in the last 12 months between 20-34 c and just hope new investors came on board when I think Big joe and others were urging buyers to jump on the train when we were 16-18c.
Patience and a medium term horizon should see a multi bagger again. DYOR.

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IMO, Molyneux was hired to put PDN in play. Look at his history: head of metals & mining investment banking for Citigroup, CEO of SouthGobi Resources during an unsuccessful bid by Chalco to acquire a majority stake, and the engineer of a reverse takeover of Powertech Uranium by Azarga Resources. If the board wanted an interim CEO to continue JB's vision until a permanent CEO could be found, why bring on a former investment banker with no experience running a uranium producer?

PDN Price at posting: 23.2¢ Sentiment: None Disclosure: Not Held
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Last $11.82		Change -0.050(0.42%)		Mkt cap ! $3.535B

Open	High	Low	Value	Volume
$12.05	$12.05	$11.78	$14.39M	1.211M

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No.	Vol.	Price($)
3	11392	$11.81

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Price($)	Vol.	No.
$11.85	886	1

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No.	Vol.	Price($)
2	10661	11.810
4	2760	11.800
1	31953	11.790
1	9661	11.780
2	2954	11.770

Price($)	Vol.	No.
11.900	3000	1
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Uranium Spot Price $36.75 - Buying Opportunities, page-11

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Uranium Spot Price $36.75 - Buying Opportunities, page-11

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