If PDN can hang in there, I think it can survive.
If it can sign up a mid term contract to supply uranium it will help a lot.
It is clearly no use selling uranium on the spot market right now.
http://www.focus-economics.com/blog/uranium-price-outlook-looking-good
I would hate to see their flag ship asset sold to the Chinese for peanuts.
PDN Needs A Mid Term Off Take Agreement
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Last
$13.20 |
Change
-0.380(2.80%) |
Mkt cap ! $3.943B | |||
| Open | High | Low | Value | Volume |
| $13.55 | $13.56 | $13.17 | $9.584M | 719.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 2164 | $13.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.20 | 4039 | 16 |
View Market Depth
| Last trade - 14.10pm 17/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |