PDN 4.44% $13.05 paladin energy ltd

massive revenue, page-21

  1. 9,286 Posts.
    Q: "Why do you think ERA is trading also at a EPS of round 90?"

    A: Because of stupidity. In 2006, the U price averaged around US$50lb and ERA received around $15lb because of long term contracts.

    In my opinion, ERA replicates dot.com stuff.

    Maybe the punters are waiting for new contracts to start, which is probably a long way off, just like BHP that is locked into not only long term contracts but also to supply U they do not produce, having to buy it dearer than they sell it for.
 
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