PDN 2.60% $10.26 paladin energy ltd

THE SQUEEZE IS ON, page-2931

  1. 471 Posts.
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    ive said similar on gold miners. anyone hoping for a drastic increase in the price of your commodity to make a killing isnt in the right business (cough lithium).

    obviously here becasue i have a long term outlook on uranium thats bullish, but as you say, even if prices hold steady pdn will be making cash.

    further, in a market like Uranium (as opposed to gold), most product is sold via long term supply contracts. Customers will naturally gravitate towards the larger suppliers to ensure security of supply.

    there isnt a large amount to choose from that are of paladins size, and being domiciled in Australia is a plus from a corporate trust point of view.
    Last edited by LambDownUnder: Today, 12:20
 
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