Resources Stocks Down Under 10 November 2020: Paladin Energy, Orecorp, S2 Resources
Paladin Energy: Dreaming of the next uranium waveIn today's edition of Resources Stocks Down Under, formerly Paladin Resources, the Perth-based Paladin Energy is looking to restart the famous Langer Heinrich uranium mine in Namibia. As ASX’s biggest uranium play behind Energy Resources of Australia, this new version of Paladin has re-established itself since its 2017/18 stint in Voluntary Administration and plans to meet the next uranium boom in style. Shares in Paladin are currently trading at around 12-13 cents, down from the high of 15 cents that followed the June 2020 Mine Restart Plan publication.
Also in today's edition, a look at gold miner Orecorp (ASX: ORR) and nickel miner S2 Resources (ASX: S2R).
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Click here to read the previous edition of Resources Stocks Down Under published 5 November 2020