PDN 5.14% $12.56 paladin energy ltd

Keep telling us that there will be a shortage of Uranium. But...

  1. 440 Posts.
    Keep telling us that there will be a shortage of Uranium. But how come the spot price is so low now. May be because of PDN's record production. Anyway I still believe the Russian are dump Uranium on the spot market now. The previous Uranium One (owned by Russian now) sell entirely on the spot market. Uranium one is a low cost producer.

    However, it seems that no one wants to sell PDN shares at this price, both in TSX and ASX. Volume is very low.
 
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2 8050 $12.55
 

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$12.58 5545 2
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