PDN 5.75% $8.78 paladin energy ltd

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  1. 128 Posts.
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    Uranium price will go up and then down vice versa, so most of the utility companies will keep a level of inventory or supply they required for their power plants. Keep in mind, uranium price could go up too high or even lower, this give the company the feasibility or the timing when they choose to buy more. Look at China and India for example, they are buying uranium, not because they need it now, but sometimes in the further. I think the psychological at the moment is Japan, if they could get the first power plant start this month, it will follow with second, third and so on. If we can have three power plants up running by the end of the year. This should help lift the uranium price next year. We have a rise of 28% this year from their lower point, haven't we? Do you think the trend would continue? Look at China, India, they are one of the most polluted country in the world.
 
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$8.78
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$8.89 $8.94 $8.76 $11.39M 1.288M

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No. Vol. Price($)
12 3797 $8.77
 

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Price($) Vol. No.
$8.78 4098 17
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