It appears that the Australian Investor is on an absolute hair...

It appears that the Australian Investor is on an absolute hair trigger of fear as was borne out by the reaction of Uranium stocks last Friday
Clearly ---if they bothered to read the Cameco Announcement ---Cameco is spending huge amounts of money in the current year (on the spot market) to cover shortfalls in production as customers are buying (under their supply contracts) at appr US$57 / lb. fixed portions of contracts.
The people who wrote these contracts for Cameco must be squirming in their seats as the new uranium Paradyme becomes evident.
Fear in the Australian markets is becoming more apparent as the Albanese Government is doing its best to force resource companies offshore with the introduction of substantial minimum wage increases, Threat's of Capital Gains tax increases, stupid criminal and other threats against employers contacting workers outside of agreement work hours, Insane environmental and Native Title legislation and ignoring Federal Referendum's on WOKE insanity.
The Uranium stocks in general will recover much of Friday's losses on Monday.
No thanks to the Albanese Government All i.M.H.O. only