PDN 9.14% $9.79 paladin energy ltd

Anyone Buying At 24.5c?, page-20

  1. 56,611 Posts.
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    If the U price decreases by another 50%, which I believe it will within 2 -3 years, PDN's balance sheet may make sure their business plan will be in shreds - already is.

    It could drop by another 75% or worse.

    I don't believe PDN is investment quality - it's a boom/bust dinosaur along with all U hopefuls (including Cameco) - enjoy the trade.
 
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