PDN 1.20% $12.37 paladin energy ltd

this is so painful , page-21

  1. 20,369 Posts.
    lightbulb Created with Sketch. 1988
    Hi guys
    The most objective answer in regard to where the SP
    Will go medium term is depends on U price .
    A low U price is not a nuetral as some seem to suggest - it's a negative as every month at this level = cash outflow for PDN.
    So in my view the amount of time U price stays low is important
    Jaw dropper was someone who I locked mocked a few months ago when I too fell into the belief that U price will go up , but today with spot at 32.5 and tending lower his predictions don't look ridiculous
    One may think if the Sp was going to fall to a new low it would have already happened along with U price , however my experience is the market often waits for earnings results, at which stage analysts update numbers and views
    LH cash costs are 28 so AISC I would estimate at about 36 and if we add
    In interest and corporate costs PDN probably need a spot of about 40-42 to break even

    In summary - one needs to prepare for all eventualities including U price increasing or U price falling or staying low
 
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Last
$12.37
Change
-0.150(1.20%)
Mkt cap ! $3.701B
Open High Low Value Volume
$12.47 $12.50 $12.27 $22.19M 1.789M

Buyers (Bids)

No. Vol. Price($)
28 5392 $12.36
 

Sellers (Offers)

Price($) Vol. No.
$12.37 1147 9
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Last trade - 15.36pm 02/07/2024 (20 minute delay) ?
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