Personally, I sold 50% on Monday and bailed completely yesterday.
The announcement by the Chinese that they are suspending approvals on new reactors is a blow for sure and is inevitably going to drag SP down as may also put some doubts on whether the current informal offer for Kalahari will turn into a formal one - could also mean the offer, if it comes, will be much lower. Without the Chinese committing to their programme, U is toast for immediate future. All in all, not good for EXT. Until things in JP really do stabilize, I cannot see EXT SP improving but it will have its day again as there is no choice but nuclear re: energy. Depressing I know, particularly as we were only a few months from cashing out.
Still a believer but stress off holding was too much. Good luck all.
EXT Price at posting:
$6.74 Sentiment: ST Sell Disclosure: Not Held
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