re: pdn - jim sinclair on uranium Hello chinkiat,
PDN still has Australian uranium resources. Best to check up the PDN annual report and the recently released quarterly report.
In PDN's December quarterly report PDN mention:
"Paladin now finds itself in a unique situation within a worldwide context as there are no other junior uranium companies so well equipped to benefit from this buoyant market situation with a bankable feasibility study due to commence on one of its prime objacts."
Could that also mean Paladin attracts worldwide buying interest?
It all looks very bullish. So is everything one reads about the uranium market. Uranium was once well over $50/lb.
Many years ago there was a Queensland Mines led uranium boom on our stock market, but Government policies such as the "Three Mine Policy" quickly killed off uranium exploration here.
It's just possible Paladin has struck it rich. I suspect their uranium story has the potential to substantially increase their market capitalisation.
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Do your reasearch and note the disclaimer below.
re: pdn - jim sinclair on uranium Hello chinkiat,PDN still has...
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$11.66 |
Change
-0.170(1.44%) |
Mkt cap ! $3.487B | |||
| Open | High | Low | Value | Volume |
| $11.80 | $11.89 | $11.49 | $34.10M | 2.930M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10 | $11.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.67 | 6642 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |