PDN 5.94% $8.20 paladin energy ltd

Destined for ASX 300 again, page-35

  1. 4,048 Posts.
    lightbulb Created with Sketch. 550
    One thing a nuclear power station can never do is run out of fuel. To safeguard against this they are all mandated to have several years supply stockpiled in case of some unforseen catastrophic supply event (imagine the US suddenly loses 20% of it's power generation - it's a national security issue)

    So this oft quoted inventory story sounds a LOT worst than it is and with China, India and Russia building heaps more demand is only increasing and think on this...

    If there's a say 3-7 year mandated stockpile required, each new reactor actually needs to buy a lot more uranium than it initially needs for operation, right?

    So with 58 reactors under construction right now, 153 planned and almost 300 proposed that a whole heap of future demand on the cars...

    http://www.world-nuclear.org/inform...ear-power-reactors-and-uranium-requireme.aspx
 
watchlist Created with Sketch. Add PDN (ASX) to my watchlist
(20min delay)
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
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.