"A change of government in the WA election early next year (potentially earlier) means that the Uranium ban will be reversed. I follow a couple of WA based uranium stocks, TOE and CXU. Both are hopeful of a change in Government in WA. McGowan pissed off a lot of people in WA during covid and then abandoned ship like a rat. You can’t just replace the premier and expect to win. My money is definitely on a change of government and an LNP victory which means Uranium is on again."
The WA State Election is a year from now - 8th March 2025. Not sure why you suggest earlier.
https://www.elections.wa.gov.au/elections/state
"In 2021 Labor won 53 seats to two Liberals and three Nationals. On the old boundaries the Liberals and Nationals needed a uniform swing of 23.4% to gain the 24 seats needed for government. The new boundaries do little to alter the swing needed."
https://antonygreen.com.au/western-australia-redistribution-final-boundaries-released/
A recent poll "has Labor with a two-party lead of 59.4-40.6, and while this amounts to a 10% swing from the black swan event of 2021, it is by normal standards a remarkably strong result for a government".
https://www.pollbludger.net/category/western-australian-politics/
Largest swing I can find is 14.6%. And then some around 10%.
https://www.abc.net.au/news/2011-03-04/the-largest-swings-in-australian-history---the-measuring-post-fo/9389712
Your money's on a 23.4% swing? Are you sure? You've thought this through, right?
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