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Share Name Share Symbol Market Type Share ISIN Share Description
Yellow Cake Plc LSE:YCA London Ordinary Share JE00BF50RG45 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.62% 318.00 316.50 317.50 327.00 316.50 324.50 1,367,878 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 0.0 21.7 24.7 12.4 584

Yellow Cake Share Discussion Threads

Showing 251 to 275 of 925 messages
Chat Pages: Latest  13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
12/4/2020
06:15
I guess it is complicated a bit by Forex dollar/pound changes
here and there
12/4/2020
06:14
Hi Folks Has anyone got a number for this. For each dollar rise in the spot price, how many pence is this worth in terms of NAV for YCA?
here and there
10/4/2020
21:29
If anybody is bored in this lock down period whether in the U.K or myself in Catalunya over this Easter period, you may wish to read this publication, aimed at the U.S market. Issued by the Nuclear Energy Institute is a 40 page pdf file called "Just the facts". hTTps://nei.org/CorporateSite/media/filefolder/resources/fact-sheets/just-the-facts-2019-09.pdf Interesting to note that 1 Uranium fuel pellet, (the size of a pencil sharpener.) = 1 tonne of coal. or =149 gallons of oil. or 17k cubic feet of natural gas. Given the U.S growing demand for new sources of electricity—an increase of as much as 28 percent by 2050, according to the U.S. Energy Information Administration’s recent forecast
yupawiese2010
09/4/2020
10:57
Important article in Mining Journal to-day:- hXXps://www.mining-journal.com/covid-19/news/1384682/covid-19-cuts-possible-catalyst-to-right-uranium-market ALL IMO. DYOR. QP
quepassa
09/4/2020
07:16
Quarter-page article in today's FT (p 9 ), headed:- " BRIGHT SPOT - Uranium enters bull market after supply warning from virus-hit Kazakh miner" ALL IMO. DYOR. QP
quepassa
08/4/2020
13:37
As I type uranium has advanced to $30.65 per lb on the spot market - will it hold above this $30 strategic barrier ???? hTTps://futures.tradingcharts.com/chart/UX/W @bmcb5 - You will need to update the U chart again !!! LOL. ( a.t.b. )
yupawiese2010
08/4/2020
12:10
Cameco - Who operate the Port hope conversion facility in Ontario Canada have placed the conversion plant into temporary shutdown, for approximately 4 weeks. hTTps://www.miningweekly.com/article/cameco-places-uf6-plant-in-safe-shutdown-mode-for-four-weeks-2020-04-08/rep_id:3650 It appears this is the only conversion plant in North America & just 4 in the Western world
yupawiese2010
08/4/2020
08:25
Increased trading activity this morning. Nice to see
bmcb5
08/4/2020
08:24
@yupa 239 & 253, I have added these links to the header. Thank you for sharing them! The U charts in the header are a pain. If I edit the url, it refreshes the data, but otherwise it just sits there as a static image. So I occasionally nudge the date ranges, just to force it to refresh. Feel free to prompt me, if they've remained static too long. Also finally got around to returning the header image. All important stuff :-)
bmcb5
07/4/2020
21:06
Better to be here than the miners in the short term imo.
gwr7
07/4/2020
18:03
Excellent podcast dealing with the Uranium sector after the announcement this morning that Kazatomprom would be shutting down there mines for 3 months. Struggling to find direct link, without it being blocked - go to Cruxinvestor.podbean.com if necessary type in Brandon Munro Short broker note by Numis. hTTps://app.box.com/s/o00bdsl4mzzaf6emibstukxku1wfq3ra We are told repeatedly that the spot price of Uranium is irrelevant, but this is the metric that YCA use to value the NAV of the fund - day by day its inching up even today's rise is equal to 4p per share if my calculations are correct. hTTps://futures.tradingcharts.com/futures/quotes/ux.html
yupawiese2010
07/4/2020
15:12
Yeah Specto boasted he had sold YCA at 1.81 12 days ago. It's now 2.00 BID. Could go up further? Does he ever know what he's talking about? He seems to have lost a huge amount lately. I could never see why he bothered with his boasting everywhere.
kallistos
07/4/2020
08:29
Cough! SpectoAcc?
brianarthur1939
07/4/2020
07:58
Ref above post here is a copy & paste statement to read the exact release statement for simplicity put out by Kazatomprom. COVID-19: Update on Kazatomprom Operations JSC National Atomic Company "Kazatomprom" ("Kazatomprom" or "the Company") announces the following update related to the impact of the COVID- 19 outbreak on the Company's business. "As the impact of COVID-19 continues to be felt around the world, Kazakhstan has taken strong steps to slow the spread of the virus," said Galymzhan Pirmatov, chief executive officer of Kazatomprom. "Measures imposed by the government of Kazakhstan, including restrictions on the movement of people and strict hygiene directives, are now covering all regions where Kazatomprom operates and have been enforced at all of our sites and offices. Our thoughts and thanks are with everyone who is helping to combat this global pandemic, especially healthcare workers, law enforcement services and state authorities. "Amid current conditions, Kazatomprom's first priority is the health and wellbeing of our staff and their families, our partners, and the communities where we operate. In order to abide by local lock down requirements and reduce the risk of a localized outbreak, all of the Company's subsidiaries are reducing the number of staff on site to minimum possible levels. All non-essential staff will return home with full pay, while those remaining on site will operate within strict social distancing and hygiene practices. We are now working with our joint venture partners on assessing the full impact and detailed implementation of this decision across all of Kazakhstan's uranium mines, and we appreciate their support during these challenging times." These measures are expected to remain in place for three months, resulting in a lower level of wellfield development activity and, in consequence, a reduction in production volumes. Based on that assumption, the Company expects Kazakhstan's 2020 annual uranium production volume to decrease by up to 4,000 tU from previous expectations (previously 22,750 tU to 22,800 tU on a 100% basis), although the precise impact on production may vary from this estimate. The reduced production level is not expected to impact Kazatomprom's 2020 sales obligations, underlining its strength as a reliable supplier to the nuclear industry. The Company has informed all of its customers that their full contractual requirements will be met. The Company expects to provide updated 2020 guidance for attributable production, revenue, CAPEX, C1 cash costs, and All-in sustaining costs in its 1Q20 Operations and Trading update on 4 May 2020, following the completion of an updated macroeconomic assessment and the stabilization of the Tenge to US dollar exchange rate. Kazatomprom remains financially stable with a strong, unlevered balance sheet and a commitment to its dividend policy, including the minimum US$200 million payment expected in 2020. More than ever, this pandemic highlights the important role that nuclear power generation plays in providing a resilient and reliable source of clean, baseload electricity for maintaining key services around the world, including hospitals, transportation, telecommunication, and food storage, as well as the heating and lighting of homes. For
yupawiese2010
07/4/2020
07:46
Kazatomprom to close mines for 3 months. hTTps://www.kazatomprom.kz/en/investors/novosti Will post further details tonight pushed for time at moment.
yupawiese2010
03/4/2020
13:27
Im sure the majority are all aware of the Mike Alkins uranium videos, here is a link to his 28 page file called. Essential Facts Needed For Price Discovery in the Uranium Market. This presentation is from Oct 19 ( pre covid19.) hTTps://app.box.com/s/q7mkk8kwu4p1nj82dy6h8w2swteuzu8q Interesting reading. On a secondary note. - Shymkent region of KAZ will be introducing quarantine precautions from 4th April it is important to remember, that the mines are not in this region. hTTps://www.inform.kz/en/shymkent-to-impose-quarantine-apr-4_a3633251 covid cases in Kaz. hTTps://www.inform.kz/en/coronavirus-cases-in-kazakhstan-hit-453_a3633304
yupawiese2010
01/4/2020
12:47
Cigar Lake could be closed until at least July according to Canadian Government. hTTps://nationalpost.com/news/best-case-scenario-covid-19-measures-expected-to-last-until-july-government-document-says Post updated - Additional info in respect of covid19 in Kaz. hTTps://menafn.com/1099947880/Coronavirus-cases-count-up-in-Kazakhstan
yupawiese2010
31/3/2020
20:00
Nuclear reactors under construction. hTTps://www.power-technology.com/features/new-nuclear-projects-where-when/ One key point - Between 2020 and 2026, 48 power reactors will be built globally. The peak will take place between 2020 and 2022, with 32 reactors due to begin operations. China will lead the way with 12 plans already underway, followed by India and Korea.
yupawiese2010
31/3/2020
15:26
Hi QP, Yupa & all Nice to see some interest here, and thoughtful discussion. QP - I agree that a discount to NAV has been justified, but in my mind that discount is reflective of the generally over-supplied U market. Sure, if YCA were distressed sellers in volume, then achieving spot price would be unlikely. But times are changing, and my gut feel (happy to be corrected) is that in an under-supplied market, a premium to NAV may be justified. Regardless of discount or premium, I'm still a happy holder at these levels. And during these turbulent times, I still feel this is as good as (maybe even better than) cash. I'll be buying more over coming months, but for today I couldn't resist grabbing some GCL at the <10p I predicted last summer. Other than that, my only focus is gold. @Yupa - tbh it's a while since I updated my nav calcs as I've been distracted by work. I'll dust them off at some point, I'm sure. Take care all
bmcb5
31/3/2020
08:54
1. On the basis of your good and helpful research, finger in the wind tells me that YCA trades over time at an average Discount-to-NAV of circa 10%. There clearly can be a growing and plausible case for a significant compression in the currently bloated discount back towards average discount. 2. BIG BOUNCE yesterday for uranium companies on the TSX. Cameco +8.2% Denison + 8.6% Energy Fuels +7.9% Bodes well for the sector. Good Luck All. ALL IMO. DYOR. QP
quepassa
31/3/2020
08:24
QuePassa. I have gone back & checked the discount to NAV we traded at in the recent past. 16/01/19 = 12.9% discount 26/04/19 = 5.0% discount 19/07/19 = 0.3% premium 29/10/19 = 9.0% discount 03/02/20 = 10.0% discount. Therefore even with the token share buyback programme in force the discount has widened, I just asked if my current figures in my spreadsheet of a 25% discount to NAV could be checked, initially I thought it was 31% as you can observe which just seemed ridiculous.
yupawiese2010
30/3/2020
10:32
Semizbai mine in Akbola ( Kaz )which appears to produce 2.5 million lbs per year will suspend operations tomorrow due to coronavirus. hTTps://www.inform.kz/en/akmola-region-to-introduce-quarantine-regime_a3631092 additional info = Is that not approximately 23% of global uranium production taken out of the supply chain due to coronavirus.
yupawiese2010
30/3/2020
07:19
"they could definitely sell some of their position at spot" exactly. quite right. some but not all. that is why their valuation metric of using spot price for their entire holding is somewhat artificial and merits a discount to NAV because of illiquidity. Nothing unusual about any illiquid investment fund trading at a discount. That's standard. The question is the amount of the discount. i haven't had time to chart the fluctuating discount to NAV since YCA floated. but that's the real question whether the current discount has blown out too far and will revert to mean. it seems that U3o8 is currently in demand and spiking, so looking buoyant and on the up. This is good news for Yellow Cake whose price will of course track the rise of uranium. The question remains what the fair value discount-to-NAV is for YCA relative to rising uranium prices. Good Luck All. all imo. dyor. qp
quepassa
30/3/2020
06:55
QuePassa, who knows if they could liquidate their whole position at spot? Given the uranium is stored at Cameco's facilities in Canada I'm sure Cameco would be happy to buy some product now that they have 2 of their mines shut. Especially as they have been signing term contracts at higher prices.The difference here between YCA and Woodfoods bullsh*t marks is they could definitely sell some of their position at spot and then use the cash to continue buying back shares. Would give us a great uplift in NAV at these discounts.
2xs
29/3/2020
18:58
QuePassa. Thank you for your input its always welcome when somebody inputs a rational case on the downside / risks involved to keep one alert, I will reply more comprehensibly in the next few days ( about to cook evening dinner otherwise husband wont be pleased ) LOL As an aside Kaz have now quarantined additional cities making the total now 5 up from the previous 2. hTTps://menafn.com/1099931587/Five-Kazakh-cities-to-be-quarantined-off-over-coronavirus-spread
yupawiese2010
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