30/11/2023 09:12

Paladin Energy Ltd (PDN) $1.005

MM remains a fan of the uranium sector into 2024. Still, we won’t be afraid to take profits if PDN or any other of our positions reach our objectives, especially when considering increasing cash levels.

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02/11/2023 09:14

Paladin Energy Ltd (PDN) $1.02

The uranium sector enjoyed a strong 24 hours after Cameco (CCJ US) reported earnings ahead of expectations.  Plus, they discussed the strong supply/demand backdrop, which should drive the ongoing strength in the sector.

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28/09/2023 09:14

Paladin Energy Ltd (PDN) $1.10

Uranium company PDN has more than doubled from its panic June low, and while we remain bullish, the “easy money” is looking increasingly likely to be in the rearview mirror. We have initially been targeting the ~$1.20 area for this advance; hence, we can see ourselves trimming/closing our position (s) this side of Christmas.

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15/09/2023 09:01

Paladin Energy Ltd (PDN) 93c

Happily, PDN resides in two MM  portfolios, our question today is whether these holdings are big enough, as opposed to whether we should take profit.

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07/09/2023 09:05

Paladin Energy Ltd (PDN) 92.5c

Overnight JP Morgan executed a $47mn “block trade” of PDN at 87c, or 5.4% below yesterday’s close i.e. a motivated seller. Fund managers were told it was clean up trade with HOPU Clean Energy the likely seller.

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04/09/2023 16:39

Paladin Energy (PDN) 93.5c

PDN +6.86%: The Uranium sector lit up today following news that Cameco (CCJ US) is having some production issues which is expected to impact its 2023 production forecast. It now expects to produce up to 16.3m pounds of uranium concentrate at the Cigar Lake mine this year which is below its previous forecast of 18m pounds.

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25/08/2023 11:04

Flagship Growth Portfolio – Amendments

We are making multiple changes to the Flagship Growth Portfolio

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23/08/2023 09:19

Paladin Energy Ltd (PDN) 85.5c

We believe the uranium sector is entering the next phase of its recovery after the major downturn post-Fukushima back in 2011. There's been a distinct lack of investment in new mines over the past 12 years which has resulted in a structurally undersupplied market with the subsequent drawdown of inventories leading to a meaningful commodity price recovery.

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17/08/2023 09:11

Paladin Energy (PDN) 75.5c

Local heavyweight uranium miner PDN has now corrected -9% from its intra-week high, if we see further weakness over the coming sessions while at the same time, Woodside Energy (WDS) pushes above $40 we will be considering switching part of our Flagship Growth Portfolios energy exposure from WDS into PDN.

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20/07/2023 16:57

Paladin (PDN) 76c

PDN: +1.33%:  Paladin has released its June quarter activities report showing good progress towards the restart of its Langer Heinrich uranium operation in Namibia which is now 60% complete, and importantly, on time and on budget (US$118m). Paladin is well capitalised with a cash balance of US$126m at Jun-23.

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