I agree too.
Looks like PDN are getting their house in order so to speak, cutting operating costs, increasing production....
From the financial perspective they have covered their short term loans...
They will be in a proactive position when uranium prices increase...they like all the other producers, wont be able to be sustainable.
If the above doesnt line up, then the company will have a problem when they have to supply EDF with uranium but wont have any income coming in until the prepayment has been exhausted.
A big positive is the general broker consensus that there will be an uranium shortage and increase in uranium prices. The eventuation of this is the hope for the company to be able to make real profits again.
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I agree too.Looks like PDN are getting their house in order so...
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