PDN - Paladin Energy

[Fab]

Re: PDN - Paladin Resources

Fab, why is there so much upside in PDN if the Aust policy is changed in June, and why $10+?

Firstly, the Labor Party national conference is in April which is when the policy will be changed. Then it will take some time for the Labor State Govs to ratify the decision. This could take any time up to 6 months probably.

Second, do you think that PDNs upside is in their Australian projects? Their projects in Australia are JVs with SMM and EME. Sure the IUJV is a good project but I'm not sure about Bigryli yet.

With a $10 sp what market cap do you have for PDN?

If you look at the market cap it is way too high therefore there is always the risk it will correct dramatically but then we have never had any U stocks rush before and there is a huge demand for uranium even though OZ does not change their policy and PDN will be able to benefit from it anyway as they are mining U in Africa and they are now producing the stuff.

 

[Sean K]

Re: PDN - Paladin Resources

If you look at the market cap it is way too high therefore there is always the risk it will correct dramatically but then we have never had any U stocks rush before and there is a huge demand for uranium even though OZ does not change their policy and PDN will be able to benefit from it anyway as they are mining U in Africa and they are now producing the stuff.

I think there WILL be more upside in Australia Fab, just not sure how to put a $$ figure on it. Perhaps it's factored into the sp already? I think they'll be involved with more consolidation in the sector too. Perhaps they will buy out DYL or SMM or EME, or even BMN, but these market caps are getting so high they might have missed the boat. Would certainly be very hard for anyone to buy PDN now comparing market cap to what they are going to earn. I don't think anyone has worked that out yet actually....

 

[dj_420]

Re: PDN - Paladin Resources

what kennas is asking is that market cap actually justifiable for their cash flow and projects.

at $10 i have the market cap at $5 billion dollars (around 500 million shares on issue - from last qtrly).

LH has around 100 million pounds which at insitu is $7.2 billion USD. not sure what cost of production is havent looked that far. but less production and the market cap is not to far off what LH would be worth.

obviously spot will increase and they have only just begun production, so we are yet to see cashflow begin.

IMO sp ran a little hard and is now showing some retracement. could be wrong just my two cents.

 

[Fab]

Re: PDN - Paladin Resources

I think there WILL be more upside in Australia Fab, just not sure how to put a $$ figure on it. Perhaps it's factored into the sp already? I think they'll be involved with more consolidation in the sector too. Perhaps they will buy out DYL or SMM or EME, or even BMN, but these market caps are getting so high they might have missed the boat. Would certainly be very hard for anyone to buy PDN now comparing market cap to what they are going to earn. I don't think anyone has worked that out yet actually....

I am not saying there is no upside for pdn in Australia but it would be much easier at the moment to mine in Africa I guess if the labor party remove the mining restriction in April then that should give a boost to the mining sector that is where I am coming from.

 

[lancer]

Re: PDN - Paladin Resources

PDN up 35 cents atm, anyone think the correction or small pullback may be a better term is complete? Or still too early to know?

 

[Sean K]

Re: PDN - Paladin Resources

I am not saying there is no upside for pdn in Australia but it would be much easier at the moment to mine in Africa I guess if the labor party remove the mining restriction in April then that should give a boost to the mining sector that is where I am coming from.

Yes, in the lead up to April there should be renewed focus on Aussie U companies in Australia. I just wonder how much of the policy change is already been factored into the sp's? I think it's a monty that Labor will change and I think the market does too, so perhaps not much? Anyway, will be interesting to see. Focus will definately be on uranium and that can't be bad at all.

 

[Rafa]

Re: PDN - Paladin Resources

most U stocks have rebounded well today or are holding their own...

Just as i predicted...

ok, ok, i admit, it was just a guess...
rather, it was just a hope...


anyway,
i would expect all u stocks to take a nice healthy breather now...
bit of consolodation around these prices is just what is needed.

what are your thoughts?
is this just a bounce, before continuing to fall...

In PDN's case, i think today's action is a bounce... before it continues to settle down from its lofty heights.... probably as kennas mentioned around 7.50

In the case of AGS, i think the JORC's are rather close by, and hence i can't see this one staying down for long...

MTN is well overdue for breather, i would like it to settle around 1.80

BMN, well, as alluded to earlier, this stock only knows one direction... so far its holding the steeper uptrend, with support from the slightly less steeper uptrend channel

 

[Fab]

Re: PDN - Paladin Resources

PDN appears to have bounced around the $8 mark maybe this is its new support.

 

[lancer]

Re: PDN - Paladin Resources

I Dont know about going crazy, but I am happy it is up. Hopefully it is on the rebound for a while. I know PDN did not pullback or correct as much as some other big U stocks I own. Hopefully we will see a few up days to be sure we are through the worst of it

 

[fma007]

Re: PDN - Paladin Resources

down again.. and dragging other u stocks down. a spot price increase would be very nice to get things moving again or else we have to wait until march for some action

 

[Fab]

Re: PDN - Paladin Resources

down again.. and dragging other u stocks down. a spot price increase would be very nice to get things moving again or else we have to wait until march for some action

Yes that is what I am thinking too or maybe a good announcement

 

[Fab]

Re: PDN - Paladin Resources

Can anyone make sense of the today "Langer Heirich" announcement?? Is that positive?

 

[lancer]

Re: PDN - Paladin Resources

Can anyone make sense of the today "Langer Heirich" announcement?? Is that positive?

Fab,

I did not read 174 pages but I know thge first ann is good and judging by the stock being up 5% it must be good. Maybe someone who likes reading can help us out?

 

[Bomba]

Re: PDN - Paladin Resources

Comsec has approved PDN for margin lending at 40% for those interested.

 

[x2rider]

Re: PDN - Paladin Resources

Hi All
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD
Cheers martin

 

[Fab]

Re: PDN - Paladin Resources

Hi All
They also had a 4% rise overnight as well. So it was easy to tell that they were going to have a better day than recent times.
Anyway, reading gives me a headache. I'll wait for the DVD
Cheers martin

What do you mean by 'They also had a 4% rise overnight as well' ??

 

[champ2003]

Re: PDN - Paladin Resources

Comsec has approved PDN for margin lending at 40% for those interested.

Not according to their website so their is no margin lending from them for PDN at the moment. It would be interesting to see if it is added at some stage in the future though.

Cheers!

Champ

 

[lancer]

Re: PDN - Paladin Resources

What do you mean by 'They also had a 4% rise overnight as well' ??

He means in the canadian market www.tsx.com

 

[Fab]

Re: PDN - Paladin Resources

He means in the canadian market www.tsx.com

Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after

 

[lancer]

Re: PDN - Paladin Resources

Thx. How often are the price refreshed on this website ? and how useful are the PDN Tsx price to give a trend to PDN asx price the day after

Fab,

You have to refresh the website yourself. There is a 15 minute delay too.

I also have a question if anyone can help me regarding the news release on asx vs tsx. Yesterday asx had 2 releases that boosted the PDN 6% but they never released it on the canadian exchange and the stock was only up 2% today (fri). I am thinking if they had released it on the canadian it would have pushed it higher. Any thoughts??

Thanks