Yellow Cake Share Discussion Threads

[walter walcarpets] 18/11/2024 17:44

Could be the next leg of the uranium bull market

[7kiwi] 15/11/2024 16:43

💥💥💥 Russia bans export of enriched Uranium to the US 💥💥💥

[jimbox1] 13/11/2024 10:10

Re: hxxps://x.com/quakes99/status/1856387465306939400?s=19

Will it be cancelled by the next administration?

[bootie64] 13/11/2024 09:12

This announcement won't have done any harm https://x.com/quakes99/status/1856387465306939400?s=19

[dibbs] 13/11/2024 08:46

This could be behind the rise...?

[aishah] 13/11/2024 08:30

Off to the races at the open. Tipped or some positive sector news?

[mjneish] 07/11/2024 16:49

Could anyone suggest a website that provides the uranium spot price and chart and also the forward contract value? The one that I've been using on the Numerco site has vanished. Thanks.

[bulltradept] 06/11/2024 09:00

The Donald got to be good for YCA, given he stated they need Nuclear on the Joe Rogan show?

[keyno] 21/10/2024 09:22

Citigroup starts Yellow Cake with 'buy' - price target 750 pence

[aishah] 21/10/2024 07:14

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.

[walter walcarpets] 21/10/2024 07:13

Solid quarterly update

[bertiebingo] 20/10/2024 08:21

And that Cameco has sold forward a lot of production at lower prices so less upside but less sensitive. Their Westinghouse purchase was nicely timed and should do very well over the coming decade.

[sumday] 18/10/2024 17:51

Thanks for that Kiwi. Appreciated

[7kiwi] 18/10/2024 17:49

YCA, broadly speaking tracks the spot price of Uranium, but the discount to NAV can move which means that doesn't always work.

Cameco is a complex company. Primarily it's a miner and you might expect miners to have a geared response to the spot price. But Cameco also has exposure to conversion to UF6 and owns nearly half of Westinghouse which complicates matters.

It's also the largest cap western company with exposure to the nuclear cycle so is favoured by international institutions because of its liquidity.

[sumday] 18/10/2024 17:17

I think YCA rose by about 10%. I wonder why the divergence.

[alpal2] 18/10/2024 16:52

Yes, CCJ up over the last month. Needless to say, I didn't buy at the bottom. But I expected the two to move in tandem.

[sumday] 18/10/2024 15:30

Cameco up over 40% in the past month?

[alpal2] 18/10/2024 15:26

Bought Cameco at the same time as YCA. Why is it doing better than this. Both holders of Uranium for nuclear?

[tonytyke2] 16/10/2024 20:09

Significant volume today also of1.58m v 3m AVG volume of 886k.

[7kiwi] 16/10/2024 17:09

The stars are aligning.

[bootie64] 16/10/2024 14:05

https://www.aboutamazon.com/news/sustainability/amazon-nuclear-small-modular-reactor-net-carbon-zero