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$13.63 paladin energy ltd

It has been particularly frustrating to see that Cameco's...

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full-tilt

936 Posts.

20

15/02/22

11:48

Post #: 59578127
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Originally posted by full-tilt: ↑

It's getting frustrating here, waiting for the supply demand imbalance to have a significant effect on U price.

Obviously this is a very opaque market and the current and looming supply deficit can be ameliorated by the Utilities due to uncertain stock overhangs, LT contracting volumes and trading positions.

It seems only immediate impact to the supply side will shift the dial. This primarily equates to SPUT ( and a few other funds), and the slower stacking activity in recent months is the main reason spot prices have languished in the mid $40's/lb.

Massively significant demand side boosts have no immediate or imminent effect due to their long gestation.
- China's planned build out of 150 reactors,
- Frances planned build out of 6-14 reactors,
- US $6BN fund to preserve Nuclear Infrastructure,
- EU taxonomy,
- COP26 impact to Political class thinking on Nuclear Power,
- SMR potential.

I feel only SPUT can bring immediate impact, break the inertia and shift this current sentiment.

FT

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It has been particularly frustrating to see that Cameco's announcement on the major lift in LT contracting has not shifted the dial.
FT

PDN Price at posting: 69.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last $13.63		Change 0.470(3.57%)		Mkt cap ! $4.068B

Open	High	Low	Value	Volume
$13.37	$13.77	$13.32	$20.44M	1.503M

Buyers (Bids)

No.	Vol.	Price($)
1	1000	$13.58

Sellers (Offers)

Price($)	Vol.	No.
$13.65	24971	3

View Market Depth

No.	Vol.	Price($)
1	1000	13.580
3	6207	13.560
1	350	13.550
2	1692	13.530
1	369	13.520

Price($)	Vol.	No.
13.650	24971	3
13.660	1692	2
13.680	4244	1
13.700	17684	2
13.710	4244	1

Last trade - 16.10pm 29/04/2024 (20 minute delay)


Last $13.60			Change 0.470 ( 3.37 %)
Open	High		Low	Volume
$13.37	$13.77		$13.33	323870
Last updated 15.59pm 29/04/2024 ?

PDN (ASX) Chart