PDN 2.53% $11.74 paladin energy ltd

I am not sure what point long-term and short-term uranium prices...

  1. 1,341 Posts.
    I am not sure what point long-term and short-term uranium prices are? >70% of primary uranium is sold on long-term prices. Until recently, that figure used to be >90%. The problem being that no one really knows how big the short-term market is. It appears that a single "tome" of uranium can be bought and sold 30x in a month. So the short-term market may in fact be wildly over estimated.

    Know the other bits and peices you mention as fact that ignored. Would point out that yes the raised a bunch of cash. Whats the money for? To pay for previous debt and working capital?

    And this is before the company touts its self to all in sundry that it is a takeover target. Call a spade a spade. It still does detract from the story. The facts speak for themselves.

    Yes they may turn themselves around - but history suggests otherwise.
 
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