PDN to break through 25c today, page-38

Reddeer
I think I understand PDN and the U price impact more than most. For example the premium to spot drops from 4 to 2 dollars in 2016/17 FIn year . Is anyone aware of that ?
Also , unlike a spec stock , PDN has balance sheet risk and thus short and medium term profitability is important. I remain bullish on U price and PDN , but all I am doing is opening up the discussion to the fact that what we all got excited about a few weeks back ( the cash flow positive scenario) has evaporated for now . Doesn't mean it won't reoccur soon or that U price won't reverse course, but at present the FA facts ( as opposed to the sentiment ) have weakened in the last few weeks. I have invested in PDN a number of times profitably but also I have managed to pick the false dawns as well. Nothing is certain and for all we know the Chinese could launch a bid next week , there is no doubt they want PDN and or its supply but there is also a possibility they wait until PDN need cash again and do a deal to acquire more of the flagship asset without a premium. I say again I try to be Balanced in my views , people may see this as an over action to a 2.5 dollar U price drop , but I am across the cash flow numbers and I know that for every month the u price stays low PDN as a company loses value as it losses money on production and cost and even if it's break even , producing the U reserves for no profit is also a loss decrease reserves and also diminish value.