Especially when you're losing money every quarter and that 25% of the jewel box may be sold at historically very low prices @ c. $36 per/lb spot.
The good news is that some of the debt will be paid off, assuming the agreement is finalised.
By mid year, PDN may be searching for cash to re-build the balance sheet so as to start again and beef up the balance sheet IMO, assuming the uranium price holds up at current levels.
Any idea of the loss of the prev. quarter @ 36.67 av.?
The last quarter was @ 41.38 av.
Maybe this maybe the reason why the VWAP today was .6015 and closed at .5715.
Luck to HC traders & genuine sympathies to long termers.
debt , page-2
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$13.99 |
Change
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Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
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| Price($) | Vol. | No. |
|---|---|---|
| $14.00 | 5278 | 3 |
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