Uranium spot market is always such a mystery.
Nobody know who places the large sell order according to the article , nobody knows the motivation,can only speculate.
So the spot price slides because of the unknown.
Therefore most U plays will slide too.
Its interesting then how easy it is to manipulate the U price for the benefit of traders who know this is about to occur.
Get the short positions set put a rumour in the market an unknown player wants to dump U or actually dump a minimal amount of U and turn the money tap on.
Not much clarity in what goes on behind the scenes,as U becomes more widely used,traded and accepted im sure that will change similar in the way LME supplies are published.
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