Why is no one talking about ASX uranium shares like Paladin Energy any more?

One year ago, in the aftermath of the Russian invasion of Ukraine, the world was in a panic about energy security.

Russia was a huge exporter of gas and oil, and many European nations were dependent on it to heat their homes over freezing winters.

As economic sanctions against Russia kicked in, those countries were forced to look elsewhere to meet their energy needs.

Oil and gas prices, accordingly, skyrocketed. Why was everyone so interested in uranium last year? But another consequence of this energy crisis was that it compelled many governments to seek alternate sources of fuel.One of those is nuclear power, which had gone out of fashion after the 2011 Fukushima disaster in Japan.All of a sudden, countries like Germany that had mothballed their fission power plants were interested in reviving them.Of course, that led to tremendous investor interest in uranium producers like Paladin Energy Ltd ( ASX: PDN ).The […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet