Kenso, I hear what you're saying and our logic would tell us, that demand will (or at the very least should) outstrip supply.
As a solid proponent of uranium, I've held uranium stocks for a long, longtime now. I've seen the rise, fall and the muddle uranium stocks are in now, over this time.
Take look back over the similar stories, over the past 5 years, it's the same, same, the only thing that's changed in your post, is the number of plants requiring product, that has increased, albeit dramatically.
I then have to ask the question, where have these plants got there start up and running stock from? Certainly not from, any of the several uranium companies I hold stocks in, including PDN.
This is supported by there low profits, plants on care and maintenance and low share prices. Along with a very low uranium price.
Take a look at a graph, the price hasn't increased significantly, certainly not as reported it would.
I continue to hold uranium stocks and will build share numbers at the appropriate time.
Interesting times ahead.
Enjoy your weekend.
DYOR
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B |
Open | High | Low | Value | Volume |
$8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | $8.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.22 | 2649 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 433612 | 0.140 |
15 | 580980 | 0.135 |
12 | 228160 | 0.130 |
10 | 690000 | 0.125 |
12 | 234104 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 466113 | 7 |
0.150 | 442890 | 9 |
0.155 | 357490 | 7 |
0.160 | 249999 | 9 |
0.165 | 881568 | 19 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
PDN (ASX) Chart |