SOR – why is it continuing to slide & do we like Paladin?

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Question asked 25/06/2021

SOR – why is it continuing to slide & do we like Paladin?

Hi there, Just wondering your views on SOR? They are continually delivering good results however still on the decline. Also, wondering your thoughts on PDN do you think they will continue to grow and offer a good long term investment?

Answer

Hi Nick,

We really appreciate the rewarding vote of confidence, I have answered your questions in 2 logical halves:

SOR is a $90m business who backs small companies in the rare-earths space through their early days, its share price tells us the pictures pretty average at present and at this stage we see & read no compelling reasons to be involved, particularly when the larger players are doing pretty well. The financial metrics are actually very weak.
We like Paladin (PDN) and our detailed analysis can be seen on the MM website in our Podcast “A deep dive into Uranium miner Paladin Energy (PDN)” posted on 23/06/2021.

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Strategic Elements (SOR)

LAST UPDATED 25/06/2021 09:46

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