fundamentals of a zombie liability company?, page-19

ha ha ha....you’re running out of content to post so you repost your own earlier messages? this post is uncannily similar to the one you posted on the 23rd of August....

here are responses again to you (again )..

PDN only started production at LH in FY08....till this Fin year....they were still ramping up production at LH and constructing KM.....you know as with any new business.....they are normally cash flow negative and earnings negative the first few years as they develop.....having said that both these mines have a minium 20 year mine life......and are in the lowest cost quartile of the industry

PDN is getting hammered now with the low Spot price but in the medium term the spot price will inevitably rise with the mismatch of supply and demand. What is great about this industry is that it is very easy to quantify supply and demand. In slide 5 of the Australian Uranium conference preso loaded on their website they have done a comprehensive analysis of supply and demand over the next few years and it shows a short fall of 90MLB a year from next year......what happens in a market when there is significantly more demand for a product then what the market can supply? The price moves up to match the demand to supply right? This is guaranteed to happen given the vast number of new reactors that are being constructed right now and the reduction in supply that will happen as spent war head supply is making its way out of the supply chain....

When you buy PDN you are buying a company that has total resource inventory of 603.8MLB of Uranium........the world current top 7 producer and the only mid tier producer that is independent and not aligned to a government....or a major.....for how long though ? PLUS they have a massive exploration portfolio here in Australia......in Niger and in Canada they can start to explore once the price improves.....