Both China and Japan have years, if not decades of stockpiles of uranium. BHP ceased expansion years ago.
PDN does not have the capacity to earn any cash atm.
They bought LH for $10,000.
I've been yelled at since $2.00 - $3.00 plus.
Be careful here as this company is in severe debt.
Many brokers have targets below 30c.
Half it and you have some interest as a trading spec.%.
Commodity boom types, especially, highly geared entities, are in real trouble.
Spot drops again this week and IMO, I believe it's only a matter of time when contract MT/LT drops below $40, even $30.
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