PDN 0.12% $8.30 paladin energy ltd

Well U prices are just continually rising and bucking the trend...

  1. 1,847 Posts.
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    Well U prices are just continually rising and bucking the trend with respect to other commodities prices. That is a very bullish sign especially with all this turmoil with trade wars and what not.

    Whats also positive is that the industry has now gone into a structural deficit of 50m lbs with demand outstripping supply...pretty sure that hasn't been the case for maybe a decade.

    U bull market to me seems inevitable....PDN will be a major beneficiary given they can ramp up to 4-5m lbs per annum pretty quickly after taking L&H out of care and maintenance.

    Also the chart setup is looking real good - another surge coming soon.
 
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
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