PDN - Paladin Energy
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Re: PDN - Paladin Resources
Yes well said NIZAR.....obviously BSD has a lot to learn about trading stocks !!
It's just sour grapes from some people......I like talking to positive people with info. to add......
Anyway......I ,too also watch my live charts & the RSI came up from 27 this A.M. ....I'm well into BMN so used my CFD a/c to get into PDN at 7.75 ......
The thrill for me is a top trade..... low entry level ....then exit probably at $10.60 resistance level or whenever.
Hoping U.S. market will stabilize tomorrow.....
captjohn
Yes well said NIZAR.....obviously BSD has a lot to learn about trading stocks !!
It's just sour grapes from some people......I like talking to positive people with info. to add......
Anyway......I ,too also watch my live charts & the RSI came up from 27 this A.M. ....I'm well into BMN so used my CFD a/c to get into PDN at 7.75 ......
The thrill for me is a top trade..... low entry level ....then exit probably at $10.60 resistance level or whenever.
Hoping U.S. market will stabilize tomorrow.....
captjohn
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Re: PDN - Paladin Resources
:topic :hide: not sure if anyone's feeling like a happy hour contribution, but I went looking for that old song "Paladin Paladin, where do you roam .... etc " you know the one "Have gun will travel" etc ??
and all I could find was a heap of Chinese references to a superhero called Paladin. I can only imagine Paladin shares would do well in Shanghai (?) Here's an example
(lol - just the title , skip the rest )
http://www.youtube.com/watch?v=YSMQmlJHscg
(reminds me of a song that came out in HK "the back side of your mind" - by the Chinese equivalent of Kylie Monogue - anyway - she had to re-issue it as "the far side of your mind" lol. )
:topic :hide: not sure if anyone's feeling like a happy hour contribution, but I went looking for that old song "Paladin Paladin, where do you roam .... etc " you know the one "Have gun will travel" etc ??
and all I could find was a heap of Chinese references to a superhero called Paladin. I can only imagine Paladin shares would do well in Shanghai (?) Here's an example
(lol - just the title , skip the rest ) http://www.youtube.com/watch?v=YSMQmlJHscg
(reminds me of a song that came out in HK "the back side of your mind" - by the Chinese equivalent of Kylie Monogue - anyway - she had to re-issue it as "the far side of your mind" lol. )
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Re: PDN - Paladin Resources
I give up
I cannot argue with sentiment and bullmarket heros
Unless anyone posts a view based on analysis of expected CASHFLOW I have no interest in dealing in this BS discussions anymore
I would hate to rain on any parades with my input of negativity
Good luck guys
By the way - take a couple of thousand on Melbourne to win the NRL Minor Premiership this year
The 500% return is better odds than most U stocks offer with no prospects of cash in this decade
I give up
I cannot argue with sentiment and bullmarket heros
Unless anyone posts a view based on analysis of expected CASHFLOW I have no interest in dealing in this BS discussions anymore
I would hate to rain on any parades with my input of negativity
Good luck guys
By the way - take a couple of thousand on Melbourne to win the NRL Minor Premiership this year
The 500% return is better odds than most U stocks offer with no prospects of cash in this decade
Re: PDN - Paladin Resources
Hi BSD. Somebody posted that Malawi, LH expansion will have about pre tax $500M USD dollar PRE TAX cash flow in total @ $85 U/lb.
I can confirm that seems about right @ 7million pounds production (company guidance).
Each $5/lb increase above that generates an additional 5*7 = $35m USD cash flow. Multiplied by a p/e of 9(average of a miner) thats an extra $300m odd mkt cap(or about 320M CAD) every $5 increase in the u price.
Additionally there are blue sky factors at work here such as additional african projects(brownfields) or SMM.
Hi BSD. Somebody posted that Malawi, LH expansion will have about pre tax $500M USD dollar PRE TAX cash flow in total @ $85 U/lb.
I can confirm that seems about right @ 7million pounds production (company guidance).
Each $5/lb increase above that generates an additional 5*7 = $35m USD cash flow. Multiplied by a p/e of 9(average of a miner) thats an extra $300m odd mkt cap(or about 320M CAD) every $5 increase in the u price.
Additionally there are blue sky factors at work here such as additional african projects(brownfields) or SMM.
Re: PDN - Paladin Resources
BSD,
The points raised are valid & I agree an available supply of Uranium will lead to lower prices in the spot price for Uranium. However the Resource has always been there at olympic Dam & yet the spot price of Uranium is at $85 dollars US.
I think you are suggesting that when these larger resources such as Olympic Dam start producing a larger amount of Uranium then the price will come down. I note you have researched the BHP website for your figures.
One figure/fact that you failed to mention was the dateline of the EIS study that BHP is doing for the increased production at Olympic dam. It will be decided on by ministers in 2008. Also this study is for the increase of copper production from 200,000 tonnes to 500,000 tonnes of copper a year.
So I wonder why it dosn't specifically refer to increased levels of Uranium, I would think that they would need to do a study on the EIS for an increased production level of Uranium. Considering the EIS for Copper started in 05 & is projected to be finalised some time in year 08 then it will be a while before Olympic dam produces more than the current level of Uranium.Also it is no certainty that the increase in production/EIS will be APPROVED.
Also you need to consider the impact that the flooding will have on the Cigar lake mine owned by cameco. This mine was projected to produce around 8% of the worlds uranium supply. The mining process they have for extraction is extremely complicated. They havn't yet released a statement on the position of the mine, it will be released by the end of March, it looks like they will have a severe problem & will report that the mine is drastically behind schedule & may be a long time off production.
There are 5 reactors coming on line next year & 6 the following year. They need 2 1/2 years supply of uranium on site, this has to come from somewhere.
This all leads to a supply shortfall & no answer to meet supply anytime soon. Hence why the spot price is high & going to go higher.
There is no quick solution, I'm interested in your response.
BSD said:
BSD,
The points raised are valid & I agree an available supply of Uranium will lead to lower prices in the spot price for Uranium. However the Resource has always been there at olympic Dam & yet the spot price of Uranium is at $85 dollars US.
I think you are suggesting that when these larger resources such as Olympic Dam start producing a larger amount of Uranium then the price will come down. I note you have researched the BHP website for your figures.
One figure/fact that you failed to mention was the dateline of the EIS study that BHP is doing for the increased production at Olympic dam. It will be decided on by ministers in 2008. Also this study is for the increase of copper production from 200,000 tonnes to 500,000 tonnes of copper a year.
So I wonder why it dosn't specifically refer to increased levels of Uranium, I would think that they would need to do a study on the EIS for an increased production level of Uranium. Considering the EIS for Copper started in 05 & is projected to be finalised some time in year 08 then it will be a while before Olympic dam produces more than the current level of Uranium.Also it is no certainty that the increase in production/EIS will be APPROVED.
Also you need to consider the impact that the flooding will have on the Cigar lake mine owned by cameco. This mine was projected to produce around 8% of the worlds uranium supply. The mining process they have for extraction is extremely complicated. They havn't yet released a statement on the position of the mine, it will be released by the end of March, it looks like they will have a severe problem & will report that the mine is drastically behind schedule & may be a long time off production.
There are 5 reactors coming on line next year & 6 the following year. They need 2 1/2 years supply of uranium on site, this has to come from somewhere.
This all leads to a supply shortfall & no answer to meet supply anytime soon. Hence why the spot price is high & going to go higher.
There is no quick solution, I'm interested in your response.
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Re: PDN - Paladin Resources
BSD, you sounds like a priest try to convince ordinary man and woman not having sex. We are talking about sexy, sexy nuked uranium, Please stay away, it is a sin for you to even look at her.
One day, when I have a uranium mine by myself, you are the first person I might think to run it. I believe you will run it well as long as you won't blow away a few hundreds here and there on horses.
Seriously, you have only seen on side of the stock market, the business side, and totally forget about the side of speculation, adventure, and gambling.
BSD said:
BSD, you sounds like a priest try to convince ordinary man and woman not having sex. We are talking about sexy, sexy nuked uranium, Please stay away, it is a sin for you to even look at her.
One day, when I have a uranium mine by myself, you are the first person I might think to run it. I believe you will run it well as long as you won't blow away a few hundreds here and there on horses.
Seriously, you have only seen on side of the stock market, the business side, and totally forget about the side of speculation, adventure, and gambling.
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Re: PDN - Paladin Resources
BSD - go and play with your grandpa BHP share. PDN is the closest thing to new u supplies and the world need's it bad as can be shown by U price increases. We are in the middle of an energy transition and this is where all the hot action is so we don't care about your proxy BHP share
BSD said:
BSD - go and play with your grandpa BHP share. PDN is the closest thing to new u supplies and the world need's it bad as can be shown by U price increases. We are in the middle of an energy transition and this is where all the hot action is so we don't care about your proxy BHP share
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Re: PDN - Paladin Resources
I take it you guys are bullish?
I take it you guys are bullish?
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chops_a_must
Printing My Own Money
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Re: PDN - Paladin Resources
Halba said:
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Re: PDN - Paladin Resources
nizar
A nice big gap down and where is your stop?
Maybe it's time to get out.
At some stage the fundamentals matter.
What drives price? How many greater fools can keep it going? Without solid business to back it up where will it be?
they all said this in the dot.com days, but nobody listened. Buffett did alright.
Snake
nizar
A nice big gap down and where is your stop?
Maybe it's time to get out.
At some stage the fundamentals matter.
What drives price? How many greater fools can keep it going? Without solid business to back it up where will it be?
they all said this in the dot.com days, but nobody listened. Buffett did alright.
Snake
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Re: PDN - Paladin Resources
Thanks for the information.
Businesses without cashflows don't last, and the share price always catches up with those who speculate, including me.
BSD,BSD said:
Thanks for the information.
Businesses without cashflows don't last, and the share price always catches up with those who speculate, including me.
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Re: PDN - Paladin Resources
Hello Holders
This chart is courtesy of the FNArena Tech Wizard. He incidentally strongly recommends buying the dips.
Have a look at the action on the top Bollinger band; it can only mean on of two things, the stock is either overheated or extremely bullish.
I agree with BSD on BHP's U308 resource (hedged or unhedged), however wouldn’t they be better separating off the Olympic dam project into another entity, so as it could be looked at in isolation. It is lost in all the other activities of this Giant. Does anybody have any ideas on what it’s contribution is to BHP’s NPV?
Hello Holders
This chart is courtesy of the FNArena Tech Wizard. He incidentally strongly recommends buying the dips.
Have a look at the action on the top Bollinger band; it can only mean on of two things, the stock is either overheated or extremely bullish.
I agree with BSD on BHP's U308 resource (hedged or unhedged), however wouldn’t they be better separating off the Olympic dam project into another entity, so as it could be looked at in isolation. It is lost in all the other activities of this Giant. Does anybody have any ideas on what it’s contribution is to BHP’s NPV?
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Re: PDN - Paladin Resources
DYOR
I stand by what I've said. Clearly you don't like uranium at all. Just look at my other contributions to find out what I currently own. With the tone of your responses I would be wasting my time in responding to your question.BSD said:
DYOR
