Paladin is now in a great position for the rising spot U3O8 market. They have reorganised yearly finance arrangements. Have huge cash coming to make serious inroads in to company large debt bill, own two great mines with expansion opportunities in current mines, new mine ready to get fast tracked in higher spot U3O8 scenario, a highly experienced team on board becoming better with each transaction and deal, a new counterpart from China that will really be pointful over the next 20-40 years as China expands in nuclear energy ambitions. Fully expect Paladin to begin looking for new exploration companies and licences as year progresses also.
Expect spot prices to move higher sooner rather than later which will time with this deal. The picture gets very rosy for Paladin when spot heads north of $45 and onwards to $70. The sky is the limit this time.
Energy needs will continue and will only go up. The world is getting more and more hungry for energy. More and more empowered and wanting electric power for their lives. The world will not stomach pollution from old traditional power methods, pre 20th century fuels. Everyone knows in the final analysis that nuclear is the only way for clean, simple, high energy, no pollution, no CO2. Its as clear as day.
Paladin has played a blinder by getting in now for a relatively small deal with a heavy weight in the Chinese nuclear business. How can anyone not get the significance of this is beyond me.
This is a fantastic time to buy in whilst the huge jump in share price is onfor some weird reason !
This is a positive game changer for Paladin.
Investing long term.
My thoughts and opinions only.
- Forums
- ASX - By Stock
- a great position to be in for new rise in u3o8
Paladin is now in a great position for the rising spot U3O8...
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$12.10 |
Change
0.280(2.37%) |
Mkt cap ! $3.619B |
Open | High | Low | Value | Volume |
$11.91 | $12.28 | $11.85 | $24.59M | 2.033M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1289 | $12.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.11 | 3682 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1189 | 12.100 |
1 | 3000 | 12.090 |
3 | 10233 | 12.050 |
1 | 33548 | 12.040 |
1 | 82 | 12.030 |
Price($) | Vol. | No. |
---|---|---|
12.110 | 188 | 1 |
12.140 | 700 | 1 |
12.180 | 4000 | 2 |
12.190 | 9869 | 2 |
12.200 | 1846 | 4 |
Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
SPONSORED BY The Market Online