Yellow Cake Share Discussion Threads

[sea7] 29/11/2020 19:46

eysenck - yes a very simple model and well communicated.

[yasx] 28/11/2020 00:44

Given the Co. has only bought back less than 5% of the shares and that it has authority to purchase up to 10%, I think that they ought to have engaged in a larger buyback. No point blathering on about an unjustified discount to NAV if you don't back it up by buying your shares.

[+eysenck] 27/11/2020 15:13

Sea7, I thought Liebenberg gave a very calm, polished and convincing presentation. He made a strong case for the simplicity of the business model.

[inthemix] 27/11/2020 14:03

I've taken a position here. Very positive from all angles.

[sea7] 26/11/2020 11:54

video presentation from shares evening webinar

[lord mandelbaum] 12/11/2020 10:30

The whole sector has perked up the past few days; Cameco, most juniors, all up. Our Canadian peer Uranium Participation Co also looking like forming a proper friendly chart. YCA lags but must surely join in and let's see what the tone is this evening in the Proactive event.

Great name StrollingMolby - clearly a man of fine taste in 80's midfielders.

[strollingmolby] 11/11/2020 23:08

One step closer to the US Uranium Reserve, with $150m proposed to initiate it in the fiscal year 2021 funding measures.

[lord mandelbaum] 06/11/2020 09:45

YCA to present at the upcoming Shares Investor event on 12th Nov.

hxxps://www.sharesmagazine.co.uk/events/event/shares-investor-evening--webinar-121120

Will be interesting to hear Leon's take on the share price and the buyback.

[sea7] 03/11/2020 14:02

From a poster on lse..

Current spot price $29.90.
9,316,385 lbs in storage
84,059,331 shares in issue
So $278,559,912 in value, nav per share $3.31 USD converted to gbp is £2.55

[sea7] 03/11/2020 13:54

The annual global supply deficit is still projected to average a total of 23 million pounds through 2022, or roughly 13% of global uranium demand, according to Wowkodaw.

[yasx] 28/10/2020 11:32

Buyback almost done - best way to determine the impact is to assess the gap to nav at start compared to the same metric at the end. On that basis it looks to have been a complete failure. There appears to be very little interest in uranium plays for now, but I have long held the view that this might change and markedly so at some point in the future. Question of when rather than if. Until then, will tuck these away and let events take their course.

[gb904150] 21/10/2020 09:20

albo76 - thanks for the link. It's an excellent podcast from start to finish.

as for other links - these are better, directly from the source:



or if you prefer a transcript:

- transcript

Two very knowledgeable fund managers. Can't argue with the points they make. You could saythey are talking their book as is to be expected, but the fundamentals they allude to suggest a very positive U setup over the next few years.

[snowyflake] 21/10/2020 07:42

albo - Thank you. Any chance of posting a link which we can open?

[albo76] 20/10/2020 10:46

Great podcast on upcoming uranium fundamentals. I'll be buying some more. Mention of YCA towards end.hTTps://podcasts.apple.com/gb/podcast/macro-voices/id1079172742?i=1000494899064

[texaspete2] 08/10/2020 07:14

Re RNS today, I make that c.276,000 shares still to be bought in the buy back programme

[yasx] 30/9/2020 11:32

Have taken a few more - at below 200p, and notwithstanding the fact that the buyback has failed to bridge the gap to NAV, this fall is overdone.

[bmcb5] 09/9/2020 11:30

I picked up another chunk this morning, taking me to a nice round number. I'll probably pause here for a while. I'm heavily invested in the upcoming uranium bull market already. My focus shifts to increasing my gold position.

[jaf111] 08/9/2020 16:25

Can someone explain

Price is weak (& has been most of the day)......quote currently 211.5 / 212.

But can't seem to be able to buy....one broker quoting 220 for 1000 shares, the other not giving a firm price??????

Ridiculous.....

[leading] 08/9/2020 14:20

Depends on your timescale I suppose. I suspect that in a couple of years time, buying in stock on a 20% discount based on a U3O8 price of $30-32 will look like a pretty good use of funds.

[swanvesta] 08/9/2020 13:14

The buyback failed if you think it was designed to help holders exit, succeeded if you think it was designed to buy assets cheaply.

[yasx] 08/9/2020 10:51

Since the buyback has essentially failed (probably due to the fact the amounts purchased were insufficient), a further buyback campaign of a similar amount would be useful, though i think it unlikely they will embark upon the same.

[2xs] 04/9/2020 07:19

The relevant metrics are the ones existing when you made the statement that the buyback has not had much of an impact closing the discount. Personally I believe that reducing the discount from 30% to 14% was considerable.

[yasx] 04/9/2020 00:35

Not so 2xs - based on the current metrics this has failed to achieve the desired impact.

[2xs] 02/9/2020 09:12

On 30 June when the company announced the increased buyback the discount was trading around 30%, now its around 14%. It has also considerably narrowed the gap in discounts between itself and UPC. Strikes me as very successful. They also picked almost the high ($33.25/lb) to sell inventory.