Two bear scenarios:
1. Current commodity slump worsens in 2019 due to trade wars, slowing Chinese growth, strengthening USD, etc. The slump pulls uranium into the vortex and triggers a sustained price reversal
And/or
2. The rising spot price peters out before it reaches PDN AISC breakeven. Meanwhile, the ongoing disconnect between spot & uranium producer SPs continues. Consequently, PDN is forced to raise circa current low price.
Uranium - Breakout, page-26
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
