Paladin CEO said in the recent Crux interview that they plan to have 75% production signed to contracts, and 25% exposed to spot. If they sign up all 75% production at $50, its not a great result. So then a lot rides on the contract prices they sign (obviously!).
But that's not a PDN specific issue, every producer will have to strategize their spot/contract ratio and the profit margins they chase.
Outside of Langer Heinrich, PDN does have sizeable resources at different early stages of exploration.
Its not unrealistic that with LH restarted and cashflow they look to advance one of the other projects or even look elsewhere for some M&A.
Everyone's risk/reward tolerance is different, but given where we are in the cycle, too early to sell IMO.
Who can predict exactly what happens...
Paladin CEO said in the recent Crux interview that they plan to...
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Last
$13.98 |
Change
0.810(6.15%) |
Mkt cap ! $4.179B | |||
| Open | High | Low | Value | Volume |
| $13.93 | $14.28 | $13.83 | $47.88M | 3.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $13.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.98 | 6031 | 2 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |