I would not be surprised to see us back at $15-17, and then a bid comes, around $20. We are the most diversified global producer with an amazing multi-year jurisdictional pipeline of world-class projects. It's only going to take QLD and WA to flip on uranium mining, and it's game on.
It makes so much sense for Cameco.
Potential involved is the Namibian fuel cycle enrichment project. World-class Canadian assets with PLS and Michlin. Soak up NexGen when they fumble under pressure with Cameco next door lol. Current WA tenants and QLD would be a no-brainer
PDN Price at posting:
$7.46 Sentiment: Buy Disclosure: Held
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