It's not just uranium equities that have fallen off a cliff, and...

It's not just uranium equities that have fallen off a cliff, and where is all that spare cash going to go?
Real estate is struggling, tech is a bit on the nose, carbon based fuels will soon be in their death throes, renewables are an obvious growth area but its a very fragmented investment area (although Lyans with its command of ROW rare earths exposure is doing rather well)

Ultimately all that spare money has either got to repatriate itself to the magical elfs that created it, or find a better home for a return.

If you do the maths on global electrification ie how many joules, gigawatts, Kwh of energy that ill need to be transitioned from fossil fuelled creation and consumption to electrical based/produced power over the next decade and beyond, nuclear stands out as a pretty good, at worst transitional energy source, at best the ultimate carbon minimised energy source, until fusion is worked out - (as always in the next 50 years).

The number of nuclear plants currently being built and planned to be built worldwide, throw in a few left of field events like a regime that fundamentally controls/influences 40% of the worlds uranium supplies going rogue, its looking pretty good for any politically stable producers and explorers.

In my opinion, the sooner we decouple from a carbon based energy economy the better.