Ann: 92E Intersects 41.8m of 0.5% eU3O8 at the GMZ Discovery, page-24

It's already correcting. The company has no resource, just spending obligations. What it finds won't be mined for half a decade, and another half a decade before it's turned into energy. It will not bounce back on fundamentals, if it does, it will bounce back on broader market rise in the U space, or market overall.

U investors are so focused on underlying fundamentals they forget the general market macro. They are long dated stocks, probably the MOST long dated out of any sector in the market, including unprofitable tech. So it seems this rate rise thematic is the reason why U stocks have been hit so badly.

I still like 92E, but this macro and its impact on stocks like 92E is clear.