13/09/2024 09:17

Paladin Energy Ltd (PDN) $9.79

PDN has surged over +20% from this week's low, but we shouldn’t get carried away; it's still substantially below this year's high. PDN is our preferred pick among the ASX uranium names for a couple of reasons:

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19/08/2024 17:26

Paladin (PDN) $9.91

PDN –5.8%: Hit today as a result of target company Fission in Canada having issues with traditional landowners as they look to get approval for their Patterson Lake (PLS) uranium mine. When we spoke to PDN CEO Ian Purdy when this deal was announced, he spoke very favourably about the relationship Fission has with the Metis Nation-Saskatchewan (MN-S), however this seems to have soured. Without going too much into the detail, MN-S claims no engagement by Fission, however prior public statements from Fission contradict this.

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11/07/2024 09:23

Uranium

Last night saw big moves in Uranium stocks after a hike in extraction taxes in Kazakhstan, the world’s largest uranium-producing country, which should have an impact on future supply growth, right after Biden signed the ADVANCE Act on Tuesday to support nuclear power. The ADVANCE Act is a bipartisan bill to bolster the atomic power sector.

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26/06/2024 09:26

Paladin Energy Ltd (PDN) $12.56

As we’ve covered in recent days, PDN launched a bid to acquire a Canadian listed Uranium company Fission Uranium for ~A$900m via the issuance of shares (i.e. no cash). The share price has taken a hit, and we can understand why, though, if we’re bullish on Uranium over the coming years, as we are, higher future production at the expense of cash flow now, will ultimately be a positive.

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25/06/2024 09:14

Does MM like Paladin’s bid for Fission Uranium Corp?

This time last year MM’s Webinar: Resources into 2024 focused on the global energy transition which covered the key related commodities such as lithium, copper, and uranium – definitely worth a listen to remind ourselves of some of the huge thematics moving forward . Three of our main takeouts were as follows

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25/06/2024 09:10

Paladin Energy Ltd (PDN) $13.24

We have discussed PDN a number of times over the last 12-months maintaining a bullish bias throughout. PDN is looking to add FCU mining operations which are close to major North American customers to its own uranium mine in Namibia. Additionally, FCU’s shallow high-grade PLS project in Canadas Athabasca Basin is near PDN’s Michelin project offering synergies between the two operators.

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12/06/2024 09:44

Active Growth Portfolio – Amendments

We are making changes to the Growth Portfolio.

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06/06/2024 09:44

Active Growth Portfolio – Amendment

We are adding a new position to the Active Growth Portfolio.

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29/05/2024 09:28

First Up

The questions ran hot yesterday around Boss Energy (BOE), even after we touched on the leading ASX uranium stocks on Tuesday following the news that the company CEO had sold over 70% of his shares in the uranium miner. Also, for good measure, the Chairman and another director also sold smaller parcels of stock. We can see the logic in taking some $$ off the table after the stock/sector's great run in recent years, but all things being equal, they clearly don’t believe it's going to double again anytime soon.

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28/05/2024 09:12

Paladin Energy Ltd (PDN) $15.74

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