I put the SP disaster this last week more down to a media attack against everything uranium rather then anything that has a long term problem.
We have been hit from every where.
Wall street are scared Kamala Harris will.screw everything for them if she gets in and the media over there are all for Harris and give false or no reports on what a useless piece of work she is, and most Aussie media do the same.
Kazatomprom have raised their production but there are many misprints out there in the media saying it's thousand of millions of tons when it basically is a few million pounds a year difference, which isn't worthy of the plunge in share price for all ASX uranium stocks.
And also the media about the Chinese Scientists developing a material to extract uranium from sea water at a cheaper rate then was last anticipated.
The last one is probably a load of bull which will take 100 years to get it to a viable stage.
I think it will all blow over but the pricks have done their job and knocked the SP and confidence down for all involved with uranium which is probably their objective.
just close your eyes and wait it out that's what i'm doing.
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