Futures market very strong Oct 19 price = 56.95 – hasn’t been that high for years. Yet the share price is at all time lows relative to uranium pricing. Insanity – the company is now making money, not losing money. Great time to be the CFO of PDN – no worries at all for him. He will get a nice bonus next year, especially when the share price moves to something half reasonable, like $1.20.
With all the money they are now making, I think they will bring forward the re-opening of the closed mine.
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