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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Yellow Cake Plc | YCA | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 10.00 | 1.86% | 548.50 | 16:35:13 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 536.50 | 534.50 | 546.50 | 548.50 | 538.50 |
| Industry Sector |
|---|
| GENERAL INDUSTRIALS |
| Top Posts |
|---|
Posted at 21/10/2024 07:14 by aishah Quarterly Update today:Andre Liebenberg, CEO of Yellow Cake, said: "Though the uranium spot price remains subdued from its January highs, we remain very optimistic about the medium term sector fundamentals. Demand for uranium is growing driven by improving awareness of the need for nuclear power as part of the future energy mix, while nuclear is also seen as critical to supporting the artificial intelligence boom and the development of hyperscale data centers. Microsoft, for example, recently signed an agreement with Constellation Energy to purchase energy from the Three Mile Island Unit 1 nuclear plant in Pennsylvania. Amazon announced three new agreements to support the development of nuclear energy projects, including the construction of several new Small Modular Reactors. We are also seeing a fundamental global shortage of uranium while in the US governmental actions including the total ban on Russian nuclear fuel imports, subject to potential waivers through 2027, and Chinese uranium products being added to the increased import tariff list potentially impacting availability. These factors have exacerbated the already tight global uranium supply shortage, with primary mine supply of 140 million pounds some way behind fast-growing global annual demand of over 180 million pounds to fuel the world's nuclear reactors. We believe this presents an excellent opportunity for investors to increase their exposure to the commodity." Read on X earlier that a broker had initiated YCA as a Buy. |
Posted at 22/7/2024 12:10 by sea7 Andre Liebenberg, Yellow Cake’s chief executive said in a statement to the market: “[Our] strategy is to provide our investors with direct exposure to uranium through the buying and holding of the physical commodity and commercial activities related to our inventory. We remain confident in our strategy and the opportunities to deliver value for our shareholders. This is based on the fact the same supply-demand market fundamentals that have driven the stronger uranium price are even more entrenched today than they were at the time of our IPO.” |
Posted at 03/6/2024 21:34 by jsforum It will be interesting if YCA moves to the FTSE 250 over the Summer - this would bring in more investors |
Posted at 20/2/2024 14:06 by sea7 dated 20th Feb 2024Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. and With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. and Goldman Sachs has started writing options on physical uranium for hedge funds, the first time it has created a derivative for the metal. and Goldman is largely dealing with financial clients like hedge funds while Macquarie's main focus is boosting trading and marketing output from miners, another source who dealt with both banks said, also declining to elaborate because the data is confidential |
Posted at 01/2/2024 17:05 by yupawiese2010 CEO Andre Liebenberg talking To Crux Investor. |
Posted at 18/1/2024 16:13 by yupawiese2010 Here is the short Berenberg article.(Sharecast News) - Analysts at Berenberg raised their target price on uranium group Yellow Cake from 744.0p to 883.0p on Thursday following a fireside chat with chief executive Andre Liebenberg and Dustin Garrow, managing principal at Nuclear Fuel Associates and chief commercial officer of 308 Services. Berenberg said it came away from the chat with the view that the uranium's price rally can be sustained, with tight supply, plus existing supply disruptions, as well as delays to new projects, thin spot markets and a positive demand outlook from both growing utility demand and small modular reactors, plus the ongoing headwind of falling coverage ratios, particularly for US utilities, all pointing to prices being well underpinned with scope for further disruptions to push the price of uranium higher. The German bank, which reiterated its 'buy' rating on the stock, also noted that underpinning this and providing more upside risk for prices, scope remains for the US government to ban imports of Russian uranium, providing a further dislocation of trade flows and impacting supply of uranium into the US, creating an energy security risk. "We think that uranium prices are likely to remain elevated and think that there is scope for further price appreciation due to the tight markets and ongoing supply risk. We lift our price to $102.50/lb for 2024 and remain of the view that prices can spike even further from current levels," said Berenberg. "This lifts our Yellow Cake price target to 883.0p per share. Yellow Cake is trading at a 14% discount to pro-forma net asset value and we see a clear trade here for investors to generate alpha through the NAV discount arbitrage." Reporting by Iain Gilbert at Sharecast.com |
Posted at 12/1/2024 17:19 by 7kiwi And there we have it, NAV over £8/share. Despite the decent rise today discount is over £1/share at 13.9%, with Numerco now reporting £101.50/lb mid-price.Now SPUT is at or around NAV, it would make sense for investors to turn their attention to YCA to bring the share price inline with NAV so they can raise cash and exercise their option with KAP and see how many pounds $100m will buy in this market and what the delivery terms are. |
Posted at 23/12/2023 09:33 by bountyhunter If Uranium gets to $200 investors should be able to make a very healthy profit by selling the shares, but a takeout valuation should of course be higher still, should that happen. |
Posted at 23/12/2023 00:31 by rjmahan What I dont get with this is what is the end game ? If Uranium goes to $200. Can investors redeem ?OK it tightens the market - but uranium really only has value if it is ever used. Of course when it is released market loosens and price falls. Any thoughts ? |
Posted at 12/12/2023 07:54 by mrnumpty In today’s Daily Telegraph ( Tuesday 12/12/2023 ) , on page 25 , there is a fairly large tip about Yellow Cake . The article features in the Questor share tipping column and it concludes with “ Yellow Cake looks to be in a very sweet spot “ . The article states “ the price [ of uranium ] has motored to $ 81.50 per pound , buoyed by Cop28’s statement of intent to treble nuclear power capacity by 2050 as policymakers scramble for solutions which provide both energy security and help in the drive to net zero ….. Quite how this is to be achieved when no one is currently plannning on big increases in uranium capacity remains to be seen “ . The article also points out the loss of production from Niger . No doubt people here already know this , but the Questor column is widening awareness of our Company to potential investors . |
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