No Uranium producers are making a profit with this U price. This is why the the price must go up or there will be no uranium to keep the lights on. Simple.
Paladin management are doing a great job in this tough environment. Debt repaid, costs cut, record production.
Paladin is the largest independent Uranium producer left, with countless world class assets both producing and in the exploration stage.
With a huge supply deficit looming, large growth in the nuclear industry in China and India along with the Japanese restart a resurgence in the U price is an absolute nobrainer and a bet i would take every day of the week.
Which stock is best placed to soar on a resurging U price? Easy choice. Or just wait until the Spot price is back at $75 and buy Paladin then for $5. Not kidding in the slightest.
japan to restart most nuclear reactors, page-7
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$13.99 |
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Mkt cap ! $4.182B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $14.02 | $13.62 | $27.61M | 1.999M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 198 | $13.99 |
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| Price($) | Vol. | No. |
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| $14.00 | 5278 | 3 |
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