I had a couple things on my wish list, front and centre when choosing a couple of U stocks for the upcoming renacence a year ago.
The ability to restart operations & which of those will have the ability to contract with ease when it comes to Utilities..
Outside of Cameco and the Kazaks, PDN is the next in line to profit/attract and secure contracts. Basically, they’re as close to production ready they could be given the price of U.
I had a feeling the SP increase over the past few months when others were idle, was due to a CR. A necessary evil, but one that will quickly be forgotten imo. Will swallow my medicine.
LYC did a similar style cap raise 9 months ago. Have since more than doubled.
Keep this in mind, each explorer and developer out there at the present will need to spend years waiting on approvals, building mines, spending bucket loads. Wont be so easy to secure contracts.
PDN will be the first to announce contracts of ASX listed companies is my take..and boy when they do, they will run. I remeber the 2006 scenario well.
My other U stock is BOE.
I had a couple things on my wish list, front and centre when...
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Last
$15.50 |
Change
0.610(4.10%) |
Mkt cap ! $4.626B | |||
| Open | High | Low | Value | Volume |
| $15.00 | $15.50 | $14.85 | $20.41M | 1.337M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 999 | $15.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.52 | 400 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$15.47 |
Change
0.610 ( 4.74 %) |
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| Open | High | Low | Volume | ||
| $15.09 | $15.48 | $14.86 | 264850 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| PDN (ASX) Chart |