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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
|
|
|---|---|---|---|---|
| -4.50 | -0.73% | 613.00 | 08:32:02 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 622.00 | 611.00 | 622.00 | 617.50 |
| Top Posts |
|---|
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 . |
Posted at 03/12/2023 18:34 by walter walcarpets POW has 1000km2 uranium properties in Athabasca Basin. Very early exploration but tiny market cap considering all their projects. Rick Rule is an investor. |
Posted at 15/9/2023 06:57 by jonwig Uranium prices hit 12-year high as governments warm to nuclear powerCost of ‘yellowcake&rs Uranium prices have surged to their highest level in 12 years, underlining a global renaissance in nuclear power as utilities race to lock in fuel supplies. Prices for the commodity dubbed “yellowcake&rd Uranium demand has been lifted by governments from Washington to Seoul and Paris seeking energy independence by extending the lifetime of the existing fleet of nuclear reactors as they contemplate building new plants after gas prices skyrocketed due to Russia’s full-scale invasion of Ukraine. The milestone for uranium prices marks a big step towards nuclear power’s re-emergence as a critical carbon-free source of baseload power in global efforts to tackle climate change, a role that had been undermined by Japan’s Fukushima nuclear disaster in 2011. “You have a focus on energy security colliding with a focus on clean energy,” said Grant Isaac, chief financial officer at Cameco, the world’s second-largest uranium producer. “The days of buying $40 uranium are over — and probably also for $50 or $60. We’re going to need new supplies,” he added. Line chart of $ per £ showing Uranium prices rally to highest level since 2011 The pullback in uranium demand and prices following the Fukushima disaster led to a dearth of new mining projects being developed, helping to lay the groundwork for higher prices now. A coup in Niger, which generates about 4 per cent of the world’s uranium, has added to the upward pressure, as has Cameco announcing in September lower full-year forecasts for production due to challenges at its Cigar Lake mine and Key Lake mill in Canada. Orano, France’s majority state-owned nuclear company, said last week that shortages of critical chemicals have led its operations in Niger to bring forward planned maintenance. Prices are still some way off their $73-per-pound level before the Fukushima disaster, which left the uranium market oversupplied for more than a decade after Japan and Germany began decommissioning their nuclear fleets. Per Jander, director at WMC Energy, a commodity trading merchant, said that the “steady increase” in price was mainly driven by energy utilities, rather than investors. “There’s a crunch for the next couple of years,” he said. “Not only are we going back to pre-Fukushima levels, we are exceeding it,” he added, referring to the pace of nuclear developments globally led by China. Just last week, the World Nuclear Association, an international trade body, raised its forecasts significantly for nuclear power’s contribution to worldwide electricity generation and uranium demand. It estimates that more than 140 reactors could operate longer than previously expected and 35 gigawatt hours of small modular reactors could be developed by 2040, requiring new mines to be developed to meet uranium’s demand doubling to 130,000 tonnes annually. The nuclear fuel supply chain has been rocked by Russia’s war in Ukraine, since the aggressor nation plays a vital role in the conversion and enrichment of uranium. “There’s been an imbalance between supply and demand for some time, and it has now been exacerbated by geopolitics,” said Nick Lawson, chief executive of Ocean Wall, a brokerage, who predicts that the uranium spot price could rise to $200 per pound by 2025. |
Posted at 01/9/2023 14:38 by chippyfriday Nope, try googling: Retail investors power into uranium |
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