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20 May, 5 tweets, 2 min read
$AGE Great update by @PrudentInvest1 In addition the market is forgetting about the massive potential in ARUP (alligator River Valley) which is home to the ranger mines (they have the 2nd biggest tenament) and Big lake- which is conducive to ISR mining. I dont normally traffic
In such small names but from speaking to Greg Hall who joined the company in ‘18, he has done a # of acquisitions, taking a sleepy company with a string of well thought out acquisitions. The
Mgmt team is 1st class with Peter McIntyre & John Main (substantial $AGE shareholders/directors) that took extract from 30c to $8.65 in the last cycle. Insider ownership at 23%, a hungry & extremely competent mgmt team- esp in a sub $100m mkt cap that would rival any of the bozo
US names that only wear Armani suits lol, and I continue to think this one will be money good
By the way follow @makingheadline1 for all things $age.

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contrarian 8888 Profile picture
18 Mar
$pdn. I feel the naysayers on paladin never seem to give up. I recall a hit piece by @mikontwitti/@crux not that long ago in oct 2019 (stock was 9c & fell to 7.5c) which at the time a lot of folks on twitter thought was brilliant. (Tgt px 5c i believe) . I defended the stock
Then & along with @SachemCove & @SegraU3O8 we each took turns (we were all together at a Nuclear conf) & over beers each bought millions of shares of $PDN on the cheap- thank you Mikon (I’m blocked by him fyi). So now moving on to this analysis .
Ill make 3 points 1. The EV did not change due to this deal. 2. If you think that Uranium which has been under supplied for years and has a monster shortfall will just go to $55 well then go sell it. On yesterday’s panel Dustin Garrow/@FootnotesFirst talked about uranium going to
Read 10 tweets
contrarian 8888 Profile picture
17 Mar
$PDN $PALAF. I did not want to tweet about pdn until i spoke with the ceo- Ian Purdy which i did last night. This deal is totally transformational. (Much like when $ar raised money which dropbox.com/s/p2t05wnhzcn0…
Was a s-t hiccup but stock more than 3x a short 6 mos later. I would say the #1 concern on pdn has been the debt overhang which has now been cleared. In addition this allows them as stated in their news release to go slower in signing contracts and not contract Uranium at sub
Optimal prices (SORRY UTILTY BUYERS LOL). Ian will be putting every single $ he has ever earned from PDN into the deal at 37c - this is not like some Uranium cos ceos that earn $2m a year,wear expensive suits and have their stock px go up 30% for buying 400k lbs of U and promote
Read 9 tweets
contrarian 8888 Profile picture
13 Mar
Inflation- a thread. I think a lot of people look at inflation but dont realise that many of the structural forces over the past decade have changed. @BvddyCorleone has already today done a phenomenal thread on energy and why long term supply discipline in place will result in
Higher energy prices. The lack of commodity investments in scores of other industries- be it Uranium, Ags, Copper etc all indicate that we will have rising commodity price inflation for years to come. But this is not all there are other less understood forces at play.
@DiMartinoBooth weekly piece this wk did a great job showing how exceptionally generous fiscal support for a mother of 2 kids (one over 7,one under 7) leads to a real unwillingness to enter the labor mkt
Read 8 tweets
contrarian 8888 Profile picture
13 Mar
Phenomenal thread.I agree fully that the old playbook has changed and oil companies are too focused on paying down debt and being rewarded by investors as opposed to drilling more. This is important and clearly that would have +ve cyclical ramifications for energy to do well. BUT
I’d add that there is a labor market hysteresis focus by Yellen and the Fed whereby in many of their speeches they have focused extensively on stimulating to maintain full employment-ie the benefit of maintaining full employment numbers is far
Better than that of any inflation. In fact even Brainard mentioned that the we need to accommodate inflation and not react in a Phillips curve framework. Couple this exceptional fed monetary looseness + fiscal stimulus galore- ask yourself will the Dems allow next year to have a
Read 7 tweets
contrarian 8888 Profile picture
19 Feb
#Uranium, $PDN $PALAF. Ive been giving it a lot of thought on the next stages of the Uranium moves. So clearly the move up in equities vs a spot px that has been languishing has caused many of the older hands some consternation. I think partly this has been caused by a huge
Outperformance in energy equities causing a need to reallocate funds from funds that are short/underweight energy coupled with a ESG problem. See below that according to JPM there may be $22bln that needs to flow into energy. As such money is flowing into many deals given
Nuclear is perceived as ESG compliant. Now this is +ve and i would think its only a matter of time before the uranium holding cos URPTF, Yellowcake which are now trading at premiums to NAV issue equity and soak up some of the spot driving prices higher. I believe this will
Read 10 tweets
contrarian 8888 Profile picture
20 Jan
$PDN. ($PALAF) I know paladin energy has been a rocket ship and after conversing with the ceo i am even more pumped. The uranium market is extremely quiet because of the lockdowns and covid restrictions raging throughout Europe & the US. That being said their view is by
Feb or early March, the term market will pick up considerably. A lot of utilities drew down on inventories last year because they weren’t willing to hit the spot mkt. This game can only last so long and by summer they will just need to sign contracts. Ian mentioned that a
Firm had commissioned 2 reactors worth (>10$bn each) and had just secured 2 years of U supply. The ratio of capex spent on just commissioning a multi billion dollar plant and then barely having much U supply is just nuts. This is because the market is lulled but he expects it to
Read 12 tweets

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