Yellow Cake Share Discussion Threads

[sophia1982] 30/4/2020 17:06

Thanks Yupa, a good one

[strollingmolby] 30/4/2020 10:23

Thanks yupawiese, the YouTube link with Dustin Garrow is a good listen.

Just getting familiar with YCA after being a long-term GCL holder, may pick up a tranche of these shortly.

[yupawiese2010] 29/4/2020 21:36

Sophia- This podcast just released is by Dustin Garrow who is the Chief Commercial Officer at YCA, who starts of by talking about the NFWG report if this assists you, before talking about how Cameco operate in the markets with Cigar & M River down.

Note any discussion in respect of YCA is truly minimal & right at the end.

[sophia1982] 27/4/2020 11:05

Yupa, I am quite familiar with Brandon's videos and he is really the best. He is obviously biased though.

Thank you BMCB and Wolsten

[wolstencroft] 27/4/2020 10:21

Then select the 1 day or 1 month option

[bmcb5] 27/4/2020 09:56

Hi Sophia.

The charts come from Trading Economics. (At least, when i break down the url,that is the website it eventually lands me on. Though I am unable to actually find that chart on their website.)

There is so little published U data without a paywall. For actual price updates I tend to rely on the @numerco twitter feed

[yupawiese2010] 27/4/2020 09:38

Sophia - Brandon Munro knows the inside story of the uranium sector, suggest you listen to this podcast in respect of the NFWG.

[sophia1982] 26/4/2020 22:20

Any comments on the report of the Nuclear Fuel Working Group?

[sophia1982] 26/4/2020 22:19

BMCB5 where do you get your uranium price from?
What is the difference between UxC and TradeTech?

[gwr7] 25/4/2020 20:47

Good run here. Am out and have added to U miners as more chance of multi-bagging.

[yupawiese2010] 24/4/2020 19:45

I listened to this podcast a few days ago, but didn't post at the time because I felt I was beginning to monopolise this board, which is far from my intention.

The podcast is by Dustin Garrow who is the Chief Commercial Officer at YCA, initially he discusses at length how utilities operate, for those we dont have the time or inclination to listen to the podcast in full, if one scrolls in to 45.58 where he discusses YCA covering a wide range of issues including potential further Uranium purchases from Kazataprom, NAV, potential take over target, share buy back programme etc etc.



On a secondary note Numis released today an updated buy recommended on YCA with a buy target of 325p, I have personally read the note but Im sorry I cannot supply a clickable link, maybe somebody could assist me.

Have a good weekend.

[bmcb5] 24/4/2020 11:51

I judge it as an irrelevance, personally

[jaf111] 24/4/2020 10:32

Indeed jonwig the share price has risen but so has the discount. Looking at their updates

12 Dec - 13% discount
3 Feb - 10%
23 March - 31%
20 April - 22%

The buyback started late January specifically to reduce the discount.....so can only be judged as a complete failure!

[jonwig] 24/4/2020 10:08

JAF - they've slowed down a bit. This month they announced them on 2 3 7 14 15 20 22 so far. They were more active in March, when the share price was more depressed (bought below 150 at one point). Probably makes sense.

With buybacks it's usual for a company to instruct a broker on the broad targets and leave him to get on with it

[jaf111] 24/4/2020 09:36

Share price has risen BUT discount as large as ever....
All rather strange.....why for example has there been no buyback announcements yesterday or today....YCA should be buying aggressively surely whilst this discount persists?

[trollwatch] 24/4/2020 09:06

Thanks very much bmcb5. Have you had permission from Spectoacc, though, who boasted that he had jumped ship at 180p. LOL

[bmcb5] 24/4/2020 08:49

With U price ticking up daily, it's worth my time to come and edit the chart each morning.

At $33 spot, 1.23 GBPUSD, I get the NAV to £3.01, so currently at a 26% discount here!

Also, each $1 on U price equates to just under 9p NAV to YCA

[yupawiese2010] 22/4/2020 18:22

The Nuclear Fuel Working Group Report is now scheduled for release tomorrow, April 23rd 12pm Eastern time.

[yupawiese2010] 21/4/2020 06:56

1 - BHP have just released their operational review, from the Olympic Dam enterprise, production of Uranium down 18% to 776t from previous quarter or 29.8% year on year.



2 Japan seeks pre-operation inspection of nuclear reactors in the restart procedure of the reactors, if reactors inspection are approved they could be operational from Dec 2022.

[hiddendepths] 20/4/2020 09:51

Big discount to NAV now for sure. Slightly surprised the share price hasn't reacted more but I guess few people are looking. Uranium price drifting back slightly might have put off the more speculative players somewhat.

[chuckol] 20/4/2020 08:22

Spectoacc. Eat your heart out! LOL LOL LOL

[shauney2] 20/4/2020 08:03

Strong update this morning.

[yupawiese2010] 18/4/2020 13:23

Latest Crux investors podcast covering the Uranium space with "Mr Uranium" Brandon Munro CEO of Bannerman Resources ( not talking about his own Company ) very much, but the sector overall.



I simply don`t know the exact legs this has, if any, but its something to look out for.

In Russia they have just guarantied some of their gas resources due to Covid 19 from my Googling the gas fields are a helluva long way away from the Uranium mines, but as we are well aware its a global pandemic, so its possible they could have major covid problems already near the uranium mines, I simply don`t know.



Russia supply it appears, about 6% of the global Uranium market.

Edited - Additional info - India is looking to going ahead with additional Nuclear Reactors to add to their large pipeline of reactors under construction.

[yupawiese2010] 15/4/2020 21:58

Daniel Major CEO of Govi Ex Uranium, discussing on this 26 minute podcast " Will the Uranium breakout be sustained."



Only the last 7/8 Minutes are they discussing his own Company. interesting listening.

Although South Africa are not a major player in the Uranium space, there mines are presently closed due to Covid 19.