Top member reports
No meetings
Consensus community valuation
The consensus valuation is for members only and has been removed from this chart. Click for membership options.
Contributing Members
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#Bull Case
Added a month ago

From Paladin November 2023 AGM.

Unlike lithium the world has a structural supply problem with uranium.

6f722671925807a066ed38d935ee40c7a27e18.png

0af4b2b122b1fffc629b59411db2e3f2ba0b75.png


c57b4869bf2b1f4435769e262712e728fed43d.png


Read More
#Diggers and Dealers Presentati
stale
Added 8 months ago

Strong demand growth for nuclear energy driven by global decarbonisation 4 Second largest source of global clean energy with​ almost zero carbon emissions​

1 The only long-term viable source of low carbon emission baseload power Provides nearly half of the US’s clean energy 3 Small Modular Reactor developments advancing globally

1. World Nuclear Association (WNA)

2. EU Taxonomy Regulation

3. International Energy Agency (IEA)

4. US Inflation Reduction Act Recognised as a green source of energy in the EU2 Bipartisan political support in the US & IRA4 tax credits for clean energy Global reactor fleet set to grow significantly 

PALADIN ENERGY LTD (ASX:PDN) - Ann: Diggers and Dealers Presentation 2023, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forumd269594bc8173f7e5582e03771dc18100472f5.png

1b751538753512b52c43243e4b1c3b939a2696.png


No wood to burn / No wind will blow / the sun is dim / Quality Nuclear will maintain out standard / accustomed living.

18fc155ca2550e4902f8fe5579ad646940dae8.png


Read More
#Falling 22% this morning
stale
Added 10 months ago

Now in trading halt. What's going on?

Read More
Valuation of $1.200
stale
Added 3 years ago
PDN was added to the ASX 300 in September rebalance. The fair price valuation is really based upon the Uranium price, which is heading in only one direction as supply becomes squeezed. The squeeze is due to lack of production due to excess supply and incentive pricing for mine restarts tabled at around $60/lb. Sprott Uranium trust is also soaking up a lot of free supply, which is accelerating the price surge for physical Uranium. This is a longer term play for the real value to evolve, but Uranium has to be one of the best plays around at the moment and this market has only been increasing for the past 12 months and is very much under the radar for most investors. Bear in mind that Uranium is very polarising for many investors and any negative news can result in a rapid run for the exit and I would anticipate volatility.
Read More
Valuation of $0.500
stale
Added 3 years ago
18-Mar-2020: New 17c 24-month price target on the back of a rising uranium price - which hasn't happened yet - and may take quite a bit longer than I thought 12 months ago when I had a 1-year 25c price target (for around now). No income, other than via asset sales (which they have just done - on Friday). Not profitable. VERY speculative. I don't hold any PDN. My only speccy position in uranium currently is a small position in VMY (Vimy Resources) because I think Mike Young is an excellent salesman and not a bad mine manager either when he gets the chance (Google "Mike Young BC Iron") but like PDN, VMY has nothing but uranium that is all under the ground and they need a lot to go right for them before they will ever be in a position to mine it, not least of which is a much higher uranium price, and in VMY's case also an accommodative Federal Government policy on uranium mining here in Australia. I thought last year that we were at the start of the next uranium boom. Not so far. It will come, purely driven by demand - they are not going to close down all of those nuclear reactors around the world, and some places are still building new ones. And uranium miners will keep putting their mines on care and maintenance while the uranium price stays below the cost of production. Reduced supply, even in the face of static demand, will eventually lead to higher prices. Increased demand would just make it happen faster. It's taking longer than I expected (and certainly longer than Mike Young expected). Vimy is run on the smell of an oily rag - they are not burning through cash. Mike Young has other interests and other sources of income. They're more of a holding company really, just waiting for the uranium price to go up. PDN on the other hand is bigger, and they do spend quite a bit more money to keep ticking along. They released a market update today (18-Mar-2020) - which can be read here: https://www.asx.com.au/asxpdf/20200318/pdf/44g5dky9p7ffp0.pdf . . . . The highlights were: PALADIN MARKET UPDATE: Kayelekera Sale completed on 13 March 2020; Focus remains on the Langer Heinrich operation in Namibia with updated guidance on key economic parameters expected during Q4 FY2020; Current unrestricted cash balance, after Kayelekera sale costs, of approximately US$35M with FY2021 cash expenditure expected to be less than US$10M; The Company has restructured its Board and Executive Team to provide the technical and commercial skill set necessary to lead the Company back into profitable operations. . . . . . . . OK, let's see what happens. They're on my watchlist, but I don't currently hold any. 16-Sep-2020. I set that most recent 17 cents/share PT on 18-Mar-2020, when PDN were trading at 5c. They promptly dropped to 3.8c over the next week, then gradually climbed all the way up to 18c in August (last month). So my price target got taken out. They've dropped back below it now. New PT is 22cps. Still don't own any tho... My preferred Uranium speccy (speculative developer) is VMY - Vimy Resources at this point. Both VMY's uranium projects are right here in Australia, unlike PDN. PDN is an obvious Uranium play, but I don't care too much for their management. Nothing particularly against them. I just prefer Mike Young at VMY, particularly in terms of communication and promoting the company. He doesn't miss too many opportunities. 18-Mar-2021: Update: Uranium companies are running at last. Well, they would, I guess, after I sold out of them. New PT = 50c. Plenty of north-east-bound momentum on this chart at this point.
Read More
#Quarterly Reports
stale
Last edited 4 years ago

18 July 2019:  Quarterly Activities Report for Period Ending 30 June 2019

The following was included:

URANIUM MARKET 
 
The TradeTech weekly spot price average for the June quarter was US$24.83/lb, an 11% decrease compared to the previous quarter.  The US Department of Commerce’s Section 232 investigation into US uranium imports weighed heavily over the market during the period, with quarterly market activity reduced by more than 50% and uranium spot prices falling in the wake of this reduced demand.  A decision by United States President Donald Trump to decline issuing quotas for US domestic uranium production was announced on 12 July 2019.  The decision is expected to encourage additional buying activity and contribute to improved market conditions moving forward. 
 
Planned nuclear phase-outs in Germany and Belgium continue to generate opposition.  The German government has received escalating calls from major business leaders to delay plans to implement a full-scale shutdown by 2022. Climate protection and availability of affordable baseload generating capacity have been cited in support of nuclear energy in the country.  Meanwhile, the Belgian grid operator has advised that Belgium is not ready for any scenario where nuclear power plants are closed.  The current shutdown schedule has all Belgian reactors closed by the end of 2025, however, the grid operator has stated that a serious capacity crisis would result even allowing for a more gradual closure schedule. 
 
Japan’s government has adopted a new energy policy that suggests the country must rely on a larger share of nuclear and renewables to slash its carbon emissions and meet its target of a 26% reduction by 2030.  The move comes as operation of re-started nuclear plants is threatened by delays in completion of anti-terrorism protection work.  A failure to meet deadlines imposed by the Nuclear Regulation Authority could result in several reactors being forced to shut down until the work is completed. 
 
Officials have reported that China could build as many as 30 overseas reactors by 2030 via rollout of the country’s “Belt and Road Initiative”.  Exports of nuclear power technology has been adopted as a state strategy with financial and policy support currently under development. 
 
 
Yours faithfully,

Paladin Energy Ltd 
 

Read More