Uranium Week - Price Spike, page-10

It's not actually that surprising the 2 market caps IMO. It's very simple actually , one is loaded up with debts and entirely leveraged to the uranium price which is fine if it rises significantly soon. The other has no debt, overall lower production costs expected and inches from commencing production. In fact it was something I was wondering the other day if PEN may benefit from the fact its debt free and some people want an ASX listed pure uranium play exposure. I'd think PEN with no debts is looking a more attractive even if it's not producing the volumes PDN is at this point.