PDN 3.85% 12.5¢ paladin energy ltd

long term u us$73 - twaddle, it is higher!

  1. 127 Posts.
    Ux U3O8 long term US$73.00, up from US$65.00, on Paladin Home Page

    I emailed Investor Relations at the Company on 25 Jan asking for some sort of primer to help us come to grips with the longer term price issue but no reply as yet. Maybe I should have messaged the fellow in Toronto

    In my books long term is over 12 months and if spot is $73 and LT the same, we are in for a negative ride.

    Is NYMAX not the place to look for real prices http://quotes.ino.com/exchanges/contracts.html?r=NYMEX_UX
    Here we see current month $73; the 1 year contract $74.25; and the 15 year job at $80.

    The return on investing $73 today to receive $80 in 15 years time is 1.8634% per annum - not bad in a totally inflation-free environment but prices will escalate at a hopefully higher rate than Paladin's costs

    I remain bullish

    Cheers
 
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