PDN 0.73% $9.60 paladin energy ltd

uranium news, page-198

  1. 2,767 Posts.
    lightbulb Created with Sketch. 450
    Agree; they both have great heads for the uranium sector. JB is definitely a visionary, go-getter and worth backing. I have warmed to Ian Purdy, though, as IMO PDN needs steady leadership to become a global uranium leader. With the right stewardship, PDN can be a global player with its other potential development opportunities.

    I'm expecting it to exceed the last cycle market cap in the coming years, but not through hopeful parabolic u price moves, but pragmatic production growth working around a more sustainable $60-$80 per pound mark. Who knows though, SPUT may just keep squeezing the market, and we have a grey swan event that continues to push prices slowly higher ongoing before incentivised mines can get to production.

    SPUT is saying the NYSE listing is to attract the Reddit market, given they have been big supporters of the silver and gold funds. So it seems that the Reddit crowd could potentially do a lot of squeezing in a pretty tiny spot market.

    DYOR


 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
Last
$9.60
Change
0.070(0.73%)
Mkt cap ! $2.871B
Open High Low Value Volume
$9.63 $9.86 $9.49 $27.59M 2.850M

Buyers (Bids)

No. Vol. Price($)
2 1080 $9.59
 

Sellers (Offers)

Price($) Vol. No.
$9.60 4936 1
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.