"It's also a bet on the future, as Paladin has once again reiterated that even though the Manyingee project would be profitable at the current uranium price, it does not intend to develop ANY of its projects unless it's convinced a long-term uranium price of $70/lbs is achievable."
Catch 22 as if the LT U price reaches such levels, global U production will be ramping up and thereby quickly decreasing the price once more due to over supply.
I simply cannot buy a company that is so alligned with the spot price.
"It's also a bet on the future, as Paladin has once again...
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Last
$13.01 |
Change
-0.160(1.21%) |
Mkt cap ! $3.889B | |||
| Open | High | Low | Value | Volume |
| $13.10 | $13.15 | $12.94 | $22.67M | 1.736M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2527 | $13.01 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.02 | 2319 | 2 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |