todays trrading 19 th march

open 195 high 200 low 194.5

2.18pm

=1.55% +3 last 196 vwap 198.01 vol 5,013, 719

buys 2.072 mill v 1.661 mill approx


good vol as expected a return to the $2 mark today....

showing gradual creeping to break $2 in an orderly manner...

bots at work to keep it under control


election saturday...lnp win ...will potentially add significant value to pdn assets in qld.....

if we get uranium mining approval in Qld I'd expect to see a trade deal or takeover offer for the qld assets.....

The Canadian assets offer a good entry point to the US markets and start up time may be quicker.....

Expecting big rise in profits for pdn for this qtr given that in the last report dated 14 dec 2011 pdn stated they had INVENTORY of $187.1 M

and that 2012 contract prices come into force for price of US$60 lb for 2.8 mill lb

With record production at both sites and ramp up stll continuing at the end of dec 2011...one could expect much better production levels to come....