Yellow Cake Share Discussion Threads

[yupawiese2010] 09/7/2020 21:23

Chinese Embassy warns of unknown pneumonia deadlier than COVID-19 in Kazakhstan.



My comment - Not sure how reliable the above link is as its issued by the Chinese Embassy, posted for informative purposes for you to make your own judgement.

[yupawiese2010] 07/7/2020 18:12

Kazatomprom has today confirmed a 1 month extension to suspended wellhead development and foreshadowed a slow return to full activities after that.

[skyship] 03/7/2020 15:56

bmcb5 - could you perhaps add that to your Useful Links in the Header

[skyship] 03/7/2020 15:54

Again - thnx for that

[skyship] 03/7/2020 12:53

energiser - thnx for that. Could you please post the link to where I can presumably in future see on a daily basis.

[energiser01] 03/7/2020 08:35

Kicked up to 32.9, dyor etc. Etc.

[skyship] 03/7/2020 07:24

4% jump in Uranium Participation last night - so maybe the Uranium price rallied, although not showing in the rather nasty chart in the Header where the price is falling back from the Top formation with a target of 30.2

[yupawiese2010] 01/7/2020 17:48

Kazakhstan are now proposing to have a 2 week hard lockdown quarantine programme in respect of covid 19 starting on the 5th July, with the possibility of an extension.

[skyship] 30/6/2020 07:12

A substantial increase in the Buyback - see RNS in Header

[yupawiese2010] 22/6/2020 20:56

Two senior members of the Kaz government have recently contracted Covid 19, according to Brandon Munro of Bannerman Resources their are clear indications there will be an extension of the shutdown which will be significant.

Subject is discussed from 15.42 in podcast.



Supplementary details in respect of Covid 19 cases in Kaz.

[yupawiese2010] 18/6/2020 19:36

Latest crux investors podcast with Brandon Munro.



The important information I took from the podcast is covid 19 daily confirmed cases at present are almost 5 times higher in Kaz than when they suspended mining operation.

Whilst uranium mines in Namibia are considered by the country as essential services due to the fragile nature of their economy are operating. Covid 19 is rampant in the Country, ( my comment -I would be very surprised if mining is anywhere near full capacity ).

[yupawiese2010] 18/6/2020 19:36

Duplicate of above post

[kallistos] 12/6/2020 07:37

I sold my YCA (and my Geiger) last week, kind of regretfully because they've both had an excellent run recently. It has felt, though, that Uranium has latterly run out of steam, to coin a phrase. Perhaps not for ever although old Ambrose did make (the expected) case very compellingly.

I'm rather glad to be nearly all in cash currently though. Plenty of opportunities in the late autumn probably, yum yum.

[gb904150] 12/6/2020 07:28

It's an interesting article and has its place. The main part I'd argue with is:

Back-up is still needed to cover intermittency but it will come from gas - clean hydrogen in the future - not from nuclear. Big reactors cannot be dialed up and down quickly to match needs.

I think the term back-up is misleading.

Nuclear is baseload supply. It is the 10-20% that is always being used. It never switches off. It just produces constantly.

You can see that here: hxxps://www.gridwatch.templar.co.uk/

Great that UK/North sea is well placed for wind and great that electricity can be used to produce things like 'green' hydrogen through electrolysis. But the fact remains renewables aren't suitable to get all our energy from.

In any case, the UK is a tiny proportion of global nuclear.

The growth regions for reactors are China, India, Russia. The rationale for U3O8 investing is more to do with US reactors having to contract in 2020-2021...and that the price will need to be much higher than the current spot.

The YouTube vid from YCA's CEO posted recently summed that up rather well I thought.

[jonwig] 12/6/2020 05:58

12358k - the article's author, A E-P is well-known by readers of the Telegraph for his sometimes eccentric views (he's been predicting the imminent collapse of the Euro and EU for as long as I can remember). His position on Hinkley Point is pretty mainstream now, though. I'm surprised this article doesn't draw attention to the alternative, small reactors of which Rolls Royce has produced a design. (He has mentioned these before.)



The technology doesn't require unwelcome Chinese (or French!) capability.

Offshore wind - a number of other countries are pursuing developments: Germany, Denmark, etc., China and US (east coast), Taiwan, Australia. A broad continental shelf is needed of course. And you can have floating turbines!

Batteries - look at market prices of lithium and cobalt! They're on the floor. There are no expectations of future shortages.

[12358k] 12/6/2020 00:01

I really should have been paying attention to advances in wind power - I always saw white elephant written on offshore mega turbines. Maybe they're totally reliable and robust, who can tell .. Article smells of a heavy schmoozing by some wind power consultancy. My objections to the article are 1. Shale gas will never cover its costs and will deplete quickly. 2. Only the Uk has a Dogger Bank to build on. 3. Fanciful projections of rare earths, battery manufacture etc etc. I mean, I know the world can stay irrational longer than anyone can stay solvent...

[kr01] 07/6/2020 08:23

Will be watching for 198-200p level short term to add some more.

[yupawiese2010] 30/5/2020 08:09

CEO Andre Liebenberg video in which he is talking about YCA & the industry in general- length 28 min.

[leading] 28/5/2020 07:37

Hiddendepths, I agree completely. However, I have now bought as many as I dare, and having done so am impatient for the discount to close!

[hiddendepths] 28/5/2020 07:09

Uranium price seems to be moving higher again even as YCA drifts off a little.

Anomalies like the rising discount do happen in companies like this from time to time. They are frequently excellent buying opportunities and I for one often take advantage! It's been a winning strategy over the years.

[leading] 27/5/2020 09:22

At these prices and something like a 28% discount to NAV, the Company might consider accelerating or extending the buyback.

Could use gearing or even sell a bit of Uranium to fund it.

Would seem to be in the shareholders' interest to do so.

[skyship] 23/5/2020 20:23

JAF - thnx too - seems as though I'll decide to hold both as well.

[jaf111] 23/5/2020 16:12

Hi Skyship

I too hold Uranium P as well as YCA....my post 307 highlights the pricing anomoly between the two.

See also graphs posted recently.

My pricing targets very much align with yours.....fingers crossed!