I believe based on the market strength atm with Australian shares, any delay would likely drop the sp to either the 38.1% retrace (was there last week) or 50% retrace depending on the length of delay. Market uncertainty is usually what causes stocks to initially track negative.
Further any delays would imo add to additional costs for storage in their Australian plant awaiting deployment to Malaysia imo. If the announcement is very positive, i believe it will retest the 2.30 mark before lifting off to 3 dollars plus.
With that said, i dont believe we'll expect news til at least the first week of july as the IAEA will provide its report to Malaysia and Malaysia will require time to deliberate.
expected reactions, page-6
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