Thanks bigjoe. I agree with you, a $40 spot price IMO is the starting point. And probably you know, Paladin's contracts are long term which are based on the future outlook and they span over 5-10 years. IMO the company has always achieved price over $40. With uranium's positive outlook and spot price staying over $40, the future contract prices should be over $55 - $60. Then a lower AUS$ will convert the price into AUS$80. With suggested cost savings, Paladin should be returning profits for investors soon (or reducing losses/debt as has happened today).
On spot price, which is your source? My source publishes every Thursday...not every day as you mentioned.
Thanks bigjoe. I agree with you, a $40 spot price IMO is the...
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Last
$9.73 |
Change
-0.290(2.89%) |
Mkt cap ! $2.909B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.94 | $9.70 | $39.49M | 4.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 18227 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.73 | 15000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |