My point is since EDF has cancelled off take agreement, PDN will struggle to sell current stockpile, which will make operation further loss making.
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Keeping the massive weakness in Uranium Oxide price and negativity towards Nuclear Energy in Europe, chance of PDN assets selling higher than EDF loan is highly unlikely, means EDF will swallow entire PDF without paying a penny extra.
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Look at PEN, it is a low cost Uranium producing company but net worth is only around 100 Million. Highly unlikely that PDN asset will even cover EDF secured loan
My point is since EDF has cancelled off take agreement, PDN will...
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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 |
