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0.12% $8.30 paladin energy ltd

Two bear scenarios: 1. Current commodity slump worsens in 2019...

  1. Mossberg
    1,407 Posts.
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    11/11/18
    17:59
    Post #: 36463295
    Two bear scenarios:

    1. Current commodity slump worsens in 2019 due to trade wars, slowing Chinese growth, strengthening USD, etc. The slump pulls uranium into the vortex and triggers a sustained price reversal

    And/or

    2. The rising spot price peters out before it reaches PDN AISC breakeven. Meanwhile, the ongoing disconnect between spot & uranium producer SPs continues. Consequently, PDN is forced to raise circa current low price.
    PDN Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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