Uranium spot vs price of miners, page-11

  1. 726 Posts.
    The equation between spot and share price has never been worse for PDN. Share = 42, Spot = 43.5

    PDN is still severely underperforming relative to spot. Even in the last 2 years it has always traded at a multiple to spot, 2 X, 3 X etc

    This clearly indicates that PDN is the cheapest stock in the world - I won't be selling at any price or at any time within the next 10 years. Price target raised to $17.50, given the astonishing run in the spot price.
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