"Paladin maintains its stated position that it will not develop any new projects before it is confident of a sustainable uranium price of at least US$70/lb"
'At LEAST US$70/lb,'
Think about that line above taken from the latest Paladin Energy Financial Report. Think about the tens of millions of $$$ they are losing every year and PLEASE tell me how they can go up in value with unprofitable uranium price and money running out fast at an average of around 50mil per year.
Uranium price is not going to raise to 70lb until after 2020. Paladins share price will continue to plummet and be bought out by a larger player at a very low price if it wants to survive.
Paladin Unsustainable. It Will Become A Buy Out Target.
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$12.56 |
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Mkt cap ! $3.748B | |||
| Open | High | Low | Value | Volume |
| $12.52 | $12.71 | $12.09 | $73.41M | 5.877M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8050 | $12.55 |
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| Price($) | Vol. | No. |
|---|---|---|
| $12.58 | 5545 | 2 |
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