short sausage sizzle - PDN has value, page-34

ETF up another 1.1% after hours on top of this. I like the look of the ETF curve since early November. Looks indeed like bounce time for Uranium ETF. This will help, a recovery in U sell price cant come soon enough for PDN to solve the debt problem in just less than 5 months.

A significant change in the general sentiment in the U sector could see a big rally in PDN which is in the lower quartile of cost of production and would be a sought after asset when the sector finally favours bulls. That in turn will help LT holders fortunes in the event of a conversion of bond holders or a capital raise (or combination of both) because these will be done in a rising and bullish sector with the big super cycle about to get underway fuelled by years of bears and lack of investment.

This is shaping up nicely for a much wished for hard Christmas bounce into a happily ever after following the drama and tension of recent months.