Yeah I’m expecting so more bad news, but the fundamentals are here, 92 Energy is a fantastic company with a lot of promise.
The Chinese leak scare is no where near as bad a the Fukushima disaster but we have experienced roughly the same drop in uranium SP that occurred when Fukushima happened.
Personally, and this is my opinion so please take it with a grain of salt. I can’t see how this would turn it to a massive disaster, Fukushima was caused by a tsunami! This power plant it China hasn’t been damage by external source so I cant see how the Chinese govt would let a nuclear disaster happen especially when it’s in the global spot light atm.
long term this will just be a small blip in the chart.
92E Price at posting:
29.0¢ Sentiment: Buy Disclosure: Held