The Brains Trust, page-13029

PDN is by far the safest way to get investment exposure to uranium on the ASX, because it is already a major producer, now putting all its production on care and maintenance, so there is no technical risk. Former debt providers took 98% of equity when it went bust and reconstructed. They are now selling into this liquidity (the Cameco MR closure event) and will eventually run out of shares to sell. The hedge funds will play PDN and when liquidity dries up it will pop. Maybe we are close to this point now.

I am in China, but plan to have a closer look as a comparison between PDN and Cameco when I get back to Australia. Cameco is 20x the market cap but has similar resource of uranium in the ground (I need to double check this). Both have upside when uranium market turns up, but there may be better leverage for PDN. There is a poster on the thread called @JID I think who knows the stock best.