- U recovering and there is more to come.
- Japan restart.
- China and US confirm nuclear as technology to reduce and manage co2.
- Fuk period coming to an end.
- Supply will be needed.
- Coming back from cold.
- 25% balance sheet recovery key
- Next phase of consolidation – neg several parties for association – process underway – choices have to be made by board among options open to it.
- Current funding will meet objectives.
- Speedy U recovery and speedy restart mean PDN can take advantage of increased prices.
- 3 months to solve scaling problem fully.
- Sales down
- 1.9mlb expected to be sold this q with prem on avg spot
- 190m us key step to repair balance sheet together with refinancing done
- Initiation of restart feasibility study for when prices recover – all parameters are known and risk is minimal effectively a step by step startup manual
- U market outlook slide 6 aug – nov 28 – 36/37 => spot market supply tightening due to cameco temporarily but prices held
- Russian restriction didn’t happen and still prices rose
- Up to 42 now => supply tightness and Jap restart
- Volume triple entire 2013 year without changing term prices this has absorbed slack and driven out some shorters
- Additional term contracting in next 6 months will test shortages post 16 and will increase 14/15 prices but at current level will not bring on new mines
- Each year new mines delayed, the greater the price action
- Reduction in global production that it underway FY14 production cut back is having an effect on supply and particularly the spot market
- 6 – 8 m lb cut back 4 m lb removed from spot into term contracts
- 45-50 m lb spot market volume but a lot of this vol is churn (trading?) estimate only 25m lb of production
- Phone cut out….
- Forums
- ASX - By Stock
- PDN
- Todays Sept Qrtly Call
Todays Sept Qrtly Call, page-2
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$11.74 |
Change
0.290(2.53%) |
Mkt cap ! $3.511B |
Open | High | Low | Value | Volume |
$11.54 | $11.96 | $11.27 | $34.85M | 2.980M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 39237 | $11.72 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$11.75 | 307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 103 | 11.690 |
1 | 117 | 11.610 |
1 | 250 | 11.600 |
2 | 336 | 11.550 |
1 | 8650 | 11.510 |
Price($) | Vol. | No. |
---|---|---|
11.800 | 323 | 1 |
11.890 | 238 | 1 |
11.900 | 41 | 1 |
11.970 | 10270 | 2 |
11.980 | 2200 | 2 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |