At $60 a pound we'll have a fully fledged 'bitcoin' style bull market in place. Expect all the crypto, infant formula and lithium bulls to enter the space.
Every U stock will multi bag significantly but i think producers/ idle producers like PDN, BOE and Cameco will outperform the explorers given their ability to ramp up production and cashflow. I believe PDNs market cap hit $5b at the height of the last U bubble where prices reached $140 a pound. So I'd take a punt that PDN will be worth somewhere in the range of 1.5-2b at $60 a pound. That's approx 4-6 times the breakfast cap right now
At $60 a pound we'll have a fully fledged 'bitcoin' style bull...
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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 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
