PDN

2.53%

$11.74 paladin energy ltd

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TemptingTrade

1,518 Posts.

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22/09/21

16:17

Post #: 56270657
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Originally posted by TemptingTrade: ↑

There is so much to look at that it's shocking to see the number of bulls in here.

Look at the price of uranium to begin with, then look at the price action on PDN.

Look at what PDN is producing. What are their profits (qtrly/HY)? What is the cash burn?
Open the Appendix 4E and peruse through the equity and what it's made up of.
Assets vs Liabilities. What multiple of equity is PDN trading at?
This should take about 2 minutes to do.

Fine, multiples of equity isn't the whole story, how about the the EV of PDN?
How many multiples of of EV is PDN trading at?

Maybe the bulls will say "Ohhhh EV or equity multiples don't matter, it's all about the future (i.e. pure fantasy land)"

When you do this basic research (that nobody here seems to have), you'll likely come to your own conclusion whether this is over/under valued and by how much.

Not only look at what multiples PDN is trading at, but consider the current valuation and what the equivalent price of Uranium would be. Is it currently a massive overshoot or not? Is PDN trading like Uranium is at US$40/lbs, US$60/lbs, US$150/lbs?

This is also ignoring the history Uranium stocks have in Australia the last few years. They're short lived. But now people seem to believe that SPROTT itself is enough of a fundamental driver to pump uranium to the point where it's either sustainable or seemingly never ending. It's comical. "Ohhh no TT, you're forgetting the renewal of a few contracts around the world that are expiring" --- What clown actually believes this nonsense will drive the Uranium price?!

What price does uranium need to be to bring online the Uranium mines around the world? Don't even dare look at that one, the bulls don't like hearing this. In their head PDN is the only potential uranium miner in the world to them.

There are just so many factors that PDN holders here are willing to bury their head under the sand. They don't like hearing these things.
They don't like hearing that they haven't done their research and what to look for, because that causes cognitive dissonance. How can they possibly still be bullish when they open up something as simple as the Appendix 4E and actually read it?

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^ NOTICE HOW NOT A SINGLE PERSON EVEN ATTEMPTED A COUNTER ARGUMENT TO WHAT WAS SAID HERE..

You were warned. These bulls have zero justification for their position
Not. A. Single. One.

PDN Price at posting: 87.5¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last $11.74		Change 0.290(2.53%)		Mkt cap ! $3.511B

Open	High	Low	Value	Volume
$11.54	$11.96	$11.27	$34.85M	2.980M

Buyers (Bids)

No.	Vol.	Price($)
2	39237	$11.72

Sellers (Offers)

Price($)	Vol.	No.
$11.75	307	1

View Market Depth

No.	Vol.	Price($)
1	103	11.690
1	117	11.610
1	250	11.600
2	336	11.550
1	8650	11.510

Price($)	Vol.	No.
11.800	323	1
11.890	238	1
11.900	41	1
11.970	10270	2
11.980	2200	2

Last trade - 16.10pm 27/09/2024 (20 minute delay)

PDN (ASX) Chart

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