Probably not too concerned in the short term, price action has been a bit weak at these levels, and no doubt some good news is already priced in, how much is always the hard part, but I think 2022 will be an excellent year for Paladin and uranium.
I had a price expectation of 75c by December at the start of 2021, so anything thereabouts is okay. Next year though, I think we will hit $2.00 by year-end as uranium pushes up toward the $100.00 per pound mark.
Ian makes a good point in his recent interview that Paladin was never in the 2000s on a solid production basis. It was always trying to ramp up production before Fukushima, so it is different this time with a strong balance sheet.
DYOR
uranium news, page-457
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