PDN 5.86% $10.13 paladin energy ltd

A nice short opportunity, page-130

  1. 399 Posts.
    lightbulb Created with Sketch. 36
    We do know some.

    https://hotcopper.com.au/data/attachments/5891/5891247-2e776f070599549b271c7624f3a1f1c5.jpg

    Sprott is holding 63 million lbs of uranium.
    For comparison : Cameco is producing some 2.5 years of uranium per year.
    So Sprott is holding 2.5 years of cameco production.

    That by itself should influence the demand-supply picture and drive up prices.
    Basically Sprott is a big extra source of demand.


 
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