This may be naive, but what is the endgame here? The U3O8 held has value because it can potentially be sold to the market, and presumably will be at some point, or else how can this value be realised? |
Uranium Royalty Corp - Looking to purchase physical Uranium. |
We should run a book on when YCA breaks the £2bn NAV mark. Market cap already puts it at about 80th position in the FTSE-250. |
Here's an updated NAV as of this morning with U3O8 at $106.5/lb mid-price. Trading more than £1 below NAV. Plenty of room to run. |
Pared back to 105/108 now. Mid at a new milti-year high of 106.5 |
Numerco showing 104 on the bid and an indicated 110 on the ask, but they haven't updated the mid-price. Still at 104. |
That's a great interview yupa. |
CEO Andre Liebenberg talking To Crux Investor. |
I did a thread on the KAP news.
Key chart. Bit busy but combines production and capex. |
Spot up more than $3 to $104/lb mid. That's quite an intraday move. |
Uranium sector in North America is on fire after the KAP news. |
Maybe KAP will have to ‘borrow’ some U from YCA to enable it to supply its contract with YCA 😳🤔🤔🤔 |
Off to a good start. KAP cuts 2024 production guidance by ~9m lbs, or about 6-7% of global supply. 2025 guidance at big risk too.
Starting to look a lot like a Cigar Lake moment.
Now would be a good time to get back to NAV, raise $100m and see what KAP can deliver. |
quakes take on acid shortage..
One thing we can definitely all agree on I think is that the February 1st $KAP Financial results and 2024/2025 production guidance are likely to set off fireworks. |
Plausible theory of spot price end of month weakness from John Quakes. |
Yep - but I have added to my position here - rude not to. |
Spot up 0.50 to 101.50/lb but the sector seems weak today, including YCA. |
Yep - that should move things |
KAP big miss on production... |
URA rebalancing is also taking place - so we are seeing some selling here |
Nothing wrong with a healthy 10% pull back form the high if it happens. |
Yes, it's got the mid around 550. The chart is a sight to behold.
But sadly the glitch masks that spot slipped a bit to 101 mid price.
The volatility continues. |
I see that numerco site isn't updating correctly - if only in dollars not cents LOL!!!
Spot Uranium: 10000/99900 USc/Lb U3O8 (-300c, -0.55%) |
https://www.cnbc.com/2024/01/25/worlds-largest-uranium-producer-is-running-short.html?__source=androidappshare |
Looks like the gap on the chart from mid-Jan has been closed. |
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