Indeed. Just look at Richard Magides, major shareholder of ERA, who has dumped millions into a company not permitted to mine past 2021. I’m pretty sure PDN has a pretty sticky registry.
The POU needs a fresh wave of momentum, as it sits on the neckline @~25p/lb. IMO that timing is soon, possibly within the month. Up or down is the question.
I note also from memory that when PDN drops, it flushes out a lot of the market depth. That type of action is when some good buying opportunities arise. Add on top of that the most recent capital raise, which in reality is peanuts compared to the money owed to those investors, and you start to ask whether sub .10 starts to present any value.
PDN is as speculative as they get, but that is part of the fun. Anything could happen really, like the Chinese may lob an offer just to try and secure U supplies for 2030 and beyond. The Japanese could suddenly shift their focus again into reactor restarts. What I’m hoping is that a new technology will be able to cut construction costs/times by at least half while also addressing the key concerns for nuclear reactors.
A security for me is just knowing that pdn has a fully functional operation on standby.
On another note, this could also fall further and that’s the game we play when we’re chasing them down.
Gltah and dyor
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Last
$7.47 |
Change
0.590(8.58%) |
Mkt cap ! $2.234B |
Open | High | Low | Value | Volume |
$7.09 | $7.51 | $7.09 | $98.97M | 13.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | $7.46 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.48 | 10967 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 7.460 |
1 | 4000 | 7.450 |
2 | 568 | 7.430 |
1 | 1081 | 7.420 |
1 | 1700 | 7.410 |
Price($) | Vol. | No. |
---|---|---|
7.480 | 10967 | 2 |
7.500 | 5000 | 1 |
7.510 | 42730 | 3 |
7.550 | 33493 | 2 |
7.560 | 2500 | 2 |
Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
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