All of the longer term investors and experts in the in the uranium industry believe that uranium prices will hit $100 / lb within a relatively short time. Sprott will influence this price to a degree but it will be the utilities that eventually scramble for the product and force the price rapidly higher. At $100/ lb Paladin will be profiting close to 400 million each year. Many people here also believe the price is set to go much higher. At $200/ lb that's close to one billion dollars a year profit assuming production of 5-6 million pounds per year. Worth a punt I'd say if you are a gambler!
All of the longer term investors and experts in the in the...
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$12.49 |
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Mkt cap ! $3.735B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.50 | 1000 | 1 |
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