I think it's safe to say that this news has spurred them on.
In fact, it appears that Sprott has gone on a bit of a binge across the sector, not just AEE. I did a quick review of substantial holder changes across a number of Uranium tickers on the ASX and they've bought ~$30M worth in the week of 30 September alone!
See table below showing Sprott's activity from 30 September (as disclosed in the change in substantial holding notices). In the final column I created my own metric to represent $ of capital deployed per Market Cap $M. I did this to get a feel for Sprott's comparative capital allocation across the sector and it looks like AEE was prioritised big time when adjusted on that basis.
It's just one way to look at it but I thought it might be useful.
AEE Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
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