Looking further ahead and assuming the trend of higher U prices continues. I would expect no rush from idle producers like PDN and BOE to reopen their mines which are on care and maintenance. Their assets will continue to rise with the U price, the higher the U price the higher margins they can squeeze from long term contracts they'll eventually sign.
With that said the catalyst to start taking profits on any positions we will all be holding is probably when these miners start switching the lights back on.
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Looking further ahead and assuming the trend of higher U prices...
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Last
$8.24 |
Change
-0.060(0.72%) |
Mkt cap ! $2.955B |
Open | High | Low | Value | Volume |
$8.22 | $8.31 | $8.13 | $7.526M | 917.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 9659 | $8.24 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.25 | 2230 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 433612 | 0.140 |
15 | 580980 | 0.135 |
12 | 228160 | 0.130 |
10 | 690000 | 0.125 |
12 | 234104 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 466113 | 7 |
0.150 | 442890 | 9 |
0.155 | 357490 | 7 |
0.160 | 249999 | 9 |
0.165 | 881568 | 19 |
Last trade - 12.19pm 27/11/2024 (20 minute delay) ? |
PDN (ASX) Chart |