Hi Fee log
I am not a PDN knocker and believe the company will grow from strength to strength. I got in March 2009 when I discovered my pension fund was invested - only I have done very much better than they as I listen to noises and trade the short term trend.
Today's CC was to my mind very bullish with a little more transparency than in the past. For the first time we were told there were 2.7 million lbs. of U3O8 in inventory at the end of December rather than being provided with a balance sheet figure of valuation at the lower of cost or market value.
From comment that they are comfortably dropping 125,000 lbs. per week we know production this quarter should be higher than the Dec Q record of 1,466,932lbs. and we should see the benefit of the next stage of LH for at least half of the June quarter.
Cheers
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