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
$8.26 |
Change
-0.050(0.60%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.21 | $8.35 | $8.16 | $8.083M | 978.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1418 | $8.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.27 | 11331 | 27 |
View Market Depth
| Last trade - 13.00pm 26/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
