PDN 0.17% $11.81 paladin energy ltd

Last nights announcement is tipped to spur more speculation in...

  1. 307 Posts.
    Last nights announcement is tipped to spur more speculation in commodities.
    Is Uranium cherry ripe for a decent uplift? With rates expected to stay lower for longer, doesnt it make sense that the utilities lock in todays prices now? After all @ 1-2% holding cost per annum, a smart utility could lock in supply going forward for peanuts. They all know that a supply crunch is coming, why wait for the stampede and get caught out paying 50% higher prices in 5 years when they could lock in 10 years supply using 1 or 2 % money?
 
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