I sold (at a nice loss!!!!) before PDN went into receivership.
Back in now. Like many of us I thought the uranium recovery was coming...... for years I waited.
I think it is finally here. I bought in yesterday at 12c. GAME ON.
Spot price is increasing, mines are on care and maintenance. Cameco is not mining but buying on market as it cheaper than mining.
It's the perfect storm. I looked at DYL but it takes years to get a new mine up and running...
PDN is in the perfect place. 2 mines on care and maintenance which can be bought back online quickly.
8 reactors back on in Japan, more to come, China building like crazy. Strong movement to electric vehicles so more electricity needed.
It's a no brainer now that you can see the spot price is on its way up.
Happy to be back into PDN and to amend my previous losses.
Bottom alert?, page-21
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Last
$8.17 |
Change
-0.130(1.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $21.70M | 2.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 11735 | 3 |
View Market Depth
| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
