PDN 0.48% $12.48 paladin energy ltd

My biggest concern now is that Uranium price is going to get to...

  1. 1,646 Posts.
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    My biggest concern now is that Uranium price is going to get to a level and flat line for a couple of years or more before the boom post 2020. This will explain why RIO halted ERA's Ranger mine until post 2020. They would be the first to know the sign of what is to come from China. I now believe a sub 10c or 5c is on the cards for Paladin within the not too distant future. I cannot see a significant rise in Uranium price even after Japanese reactors start. I wish I never bought but I cannot sell either. It's just too soon to know for sure what's going to happen with China but if RIO Tinto is anything to go by it is not going to be good for the Uranium market.
 
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