Yellow Cake Share Discussion Threads

[quepassa] 12/2/2020 10:56

Highly encouraging news from Cameco in the last few days that they plan to buy 20-20million lbs of uranium FROM THE SPOT MARKET during 2020.

Could be extremely supportive.

[jonwig] 04/2/2020 07:43

Right, found it, I think!



Thanks.

[andyforster1] 04/2/2020 07:30

I think it's referencing the news that the US has announced a $150M budget line for the purchase of US Uranium hence the rebound for US companies yesterday

[jonwig] 04/2/2020 07:04

What news is that? The only recent news clip I can find is this, from yesterday:

Haywood said uranium is in the early stages of a bull market due to supply constraints.

Haywood made the forecast in a research note released today.

"Previously enacted and expected major supply cuts are starting to erode global inventories with primary production now less than reactor demand," said Haywood.

Analysts said the effect of production cuts from some of the world's largest suppliers are finally being felt. Since the drop in uranium prices post Fukushima,

Haywood doesn't see an immediate turnaround. It warns that in the near-term any supply shortfalls felt by reactors will be moderated by a global inventory surplus built over the past eight years.

"But we expect prices to build steadily toward 'new supply' incentive prices in the coming years. We believe that the uranium equity universe will lead the charge higher in anticipation of higher uranium prices, as the sector offers its most compelling value proposition since pre-Fukushima."

Under its top picks, Haywood singles out NexGen and Azarga Uranium as deserving investor attention.[Kitco.]
"Just round the corner" ... a frequent refrain!

[jaf111] 03/2/2020 22:28

Uranium market about to light up on US news???

[jaf111] 28/1/2020 11:03

.....just bought back in......smallish amount....

[jaf111] 28/1/2020 10:40

indeed....share price remains depressed....

[spectoacc] 27/1/2020 15:10

Not watching the uranium price, but that buyback not helping much so far.

[jonwig] 24/1/2020 07:13

They've just confirmed that they've bought 30,000 in total. Your 500,000 was at mid-price, so probably just an exchange off-market.

[jaf111] 22/1/2020 10:45

Share buyback programme announced......upto $2m over next 3 months.....

500k trade just gone through which probably first purchase....if so that's over 50% completed!

Share price only marginally up so therefore remains at 'material discount' to underlying nav.

[jaf111] 31/12/2019 09:13

New Year tip?

[yupawiese2010] 29/12/2019 18:38

Article in latest publication of Moneyweek.

[spectoacc] 27/12/2019 12:22

More delays, more "jam tomorrow", but I'm in, even if "Yellow Cake" makes me think of yellow snow. Uranium price should rise over the timescale of my SIPP, but the longer it takes, the worse the compound returns are going to look.

[bmcb5] 13/12/2019 10:05

twitter now suggesting a 3 month delay on NFWG

[jaf111] 12/12/2019 08:03

Interims out - share buyback to reduce the discount on cards.....

[jaf111] 11/12/2019 16:16

U stocks over the pond moving up......news???

[bmcb5] 05/12/2019 11:24

sometime in the next 2 weeks, according to twitter

[sophia1982] 03/12/2019 10:18

when shall we have the report of the working group?
It was due by mid November...

[jonwig] 23/10/2019 18:39

In case everyone's despondent, maybe this will help a bit:

[davr0s] 26/9/2019 18:53

Yeah people were saying this was easy money when price peaked - I sold out a long time ago. Price never lies as that is what pays (or not)

[spooky] 26/9/2019 18:40

Current price is a little surprising in view of where uranium is trading.

[livewireplus] 26/9/2019 17:58

But Kopernik Global Investors seem to think it is a good buy as they are accumulating more. At this share price then indeed it does seem a good buy. Unfortunately present share price is a bit 'nasty' for holders that bought in when it was well over 200p - perhaps best not to follow Daily Mail 'tips' :-)

[andyj] 24/9/2019 10:15

Well this investment has been a load of old codswallop.

[aim_trader] 28/8/2019 11:48

Yellow Cake will be presenting to investors at the upcoming Proactive One2One Investor Forum on Thursday 5th September in London. Full details and registration here: