PDN 4.08% $13.16 paladin energy ltd

One more. "MineSpans is projecting that even with a 23% increase...

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    One more. "MineSpans is projecting that even with a 23% increase in uranium production by 2030 (154 million lb), there will still be a 49.5 million lb supply gap, equal to approximately 32% of projected annual production. Overall as the trend for decarbonisation continues globally, demand growth is expected to outpace supply."

    Above is from Yellow Cake PLC "US$150 million (equivalent to £109 million)The Company intends to use the proceeds of the Placing to fund purchases of physical uranium ("U3O8") of approximately 3 million lb of U3O8 expected to comprise:Approximately 1 million lb of U3O8 from JSC National Atomic Company Kazatomprom ("Kazatomprom"), at a price of US$47.58/lb, representing the average of the weekly UxC and TradeTech spot prices as reported on 25 October 2021 and 22 October 2021 respectively with delivery of all of the U3O8 purchased from Kazatomprom to take place by June 2022. This purchase will be above and beyond the Company's 2021 option under its agreement with Kazatomprom (the "Framework Agreement"), which has already been fully exercised earlier this year;Approximately 2 million lb of U3O8 from Curzon Uranium Limited ("Curzon"), who has committed to providing the Company with up to 2 million lb of U3O8, if the Company elects on or prior to 1 November 2021, at a price of US$46.32 /lb (being the Tradetech weekly price as at 22 October 2021 less a discount of 3%). Curzon is sourcing the U3O8 from CGN Global Uranium Limited ("CGN"), who has agreed to deliver the U3O8 directly to the Company's account at Cameco's Port Hope / Blind River facility, with delivery of all the U3O8 purchased from Curzon to take place before the end of November 2021; " link

    The 2030 time frame is long or short? The $$$$$$$$$$ money invested via EFTs Sprott, Yellow cake and other cap raises is either
    1. Very very smart,
    2. Very optermistic
    3. Stupid people in charge of billions?

    Suspect only the first is likely myself.
 
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