05/04/2024 09:41

Active Growth Portfolio – Amendments

We are amending the Active Growth Portfolio

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05/04/2024 09:10

Paladin Energy Ltd (PDN) $1.48

PDN has trod a very similar path to CCJ, and although we aren’t bearish the miner, much of the good news for 2024 is already baked into the share price, making it look unlikely to forge significantly higher over the coming months – note another 20-30c dip will rapidly see us change our tune.

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03/04/2024 06:29

Shaw and Partners Uranium Conference: Key Takeaways

Shaw and Partners hosted its 5th Uranium Conference on 26 March 2024. Presenters included: TradeTech, Sprott Physical Uranium Trust, WMC Energy, NexGen Energy, Peninsula Energy, Paladin Energy, Alligator Energy, Lotus Resources, Bannerman, Silex and Toro Energy.

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19/03/2024 09:05

Paladin Energy Ltd (PDN) $1.245

PDN advanced +3.3% on Monday, mirroring the strong performance by US uranium names on Friday after the world’s largest Uranium producer, Kazatomprom, alluded to only a modest increase in production in the year ahead. They also echoed our bullish medium/long-term view, stressing the world will be short of Uranium by 2030.

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05/03/2024 09:43

Paladin Energy Ltd (PDN) $1.215

It was interesting to read yesterday that Sweden is now considering overturning a 6-year ban on uranium mining while, at the same time, the government is planning to build another two large nuclear reactors. The world is embracing nuclear power as a clean energy option to reach net zero.

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27/02/2024 09:47

Active Growth Portfolio – Amendment

We are adding a position to the Active Growth Portfolio

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27/02/2024 09:44

Emerging Companies Portfolio – Amendments

We are amending the Emerging Companies Portfolio

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26/02/2024 09:20

First Up

Earlier this month, the Uranium Sector was one of the hottest in town, with Paladin (PDN) and Boss Energy (BOE) both up ~50% after only a few weeks of 2024, but here we are approaching the end of February, and the vast majority of the gains have evaporated in the blink of an eye. US giant Cameco Corp (CCJ US) was the catalyst after reporting its FY23 results earlier in the month.

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23/02/2024 16:44

Paladin (PDN) $1.125

PDN -3.43%: Reported a loss for the period of US$15.4m, slightly more than expected ($US12.1m) but not material. Importantly, they maintained guidance for the Langer Heinrich restart to costs US$125m and first commercial production expected at the end of Q1-CY24, although that may trickle into Q2 depending on contractor productivity.

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06/02/2024 09:17

Paladin Energy Ltd (PDN) $1.365

We liked uranium company PDN because of the huge global belief in nuclear power as the only way to reach aggressive emission goals by 2050 – Australia is an outlier here. The uranium price had already doubled last December. Still, we felt the demand/belief from the likes of the US, UK, and France looking to triple their nuclear capacity by 2023 will maintain the supply/demand imbalance, and this has played out nicely.

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