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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 -0.51% 390.50 390.50 391.00 395.50 388.00 391.50 1,524,036 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 0.0 21.7 24.7 15.8 600

Yellow Cake Share Discussion Threads

Showing 576 to 600 of 825 messages
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
DateSubjectAuthorDiscuss
03/9/2021
15:15
Thanks for your detailed posts 7Kiwi You say US inventories are getting very thin and I believe we can all see the ATM nature of SPUT is driving the spot price up daily - my guess is spot to be up above $39 today. If SPUT continue to buy at the current rate they will have increased demand in the US by circa 40% by xmas. Wondering when utilities begin to jump to secure new supply contracts and if the US ones will be first perhaps leading to a dominio effect for utilities across the globe. I would not like to be caught napping and be the last utility to secure supply and would see little downside being the first at the moment in my niave understanding The World Nuclear Association Symposium is meeting next week, perhaps that will focus the utilites minds Twitter #uranium is gaining traction fueling money into mining etfs and sput at record rates A squeeze is definitely happening now Gla
return_of_the_apeman
03/9/2021
09:59
Thanks again 7kiwi. Listening to the vid now yupawiese2010. If Sprott keep taking money in, they can keep buying and stacking - further increasing the price and in turn the attraction of the Sprott vehicle. A perfect storm perhaps :)
thelongandtheshortandthetall
03/9/2021
09:32
Interesting interview with Justin Huhn, well worth listening to, lasts just over an hour. hTTps://www.youtube.com/watch?v=i8sifABm4SI
yupawiese2010
03/9/2021
09:32
lst, Covid had an impact. But not really any more. Cameco have shut in MacArthur River and KAP are producing 20% below the target of their subsoil user agreements. They recently announced they will do that until 2023. They are deliberately doing that to bring the market back into balance. Primary production is about 125mmlb/yr. Secondary supply is +/-25mmlb. Demand is 170-180mmlb. Up to now the gap has been met by consuming inventory. At some point that inventory has to run out, or go below levels that the utilities consider "safe". They need about 2 years of inventory to cover the lead time for fabrication of fuel. It's difficult to get accurate global figures. But in the US, commercial inventories held by utilities were 107mmlbs in 2020, just above 2 x annual demand of 45-50mmlbs. Supplier inventories were 16mmlbs. The supply deficit is continuing this year, so at some point, there is going to be a squeeze. See Table S3a: hTtps://www.eia.gov/uranium/marketing/pdf/umar2020.pdf In the EU utility inventories were 2.75 yrs at the end of 2020. EU inventories have fallen each year for five years. They are well covered by contracts until 2025. I can no longer find a link to the Euratom Annual Report 2020 online. But I did download one to my laptop earlier this year. So, it looks like the US inventory is getting very thin. EU less so.
7kiwi
03/9/2021
08:39
Anyone reckon Uranium is showing signs of a lack of supply (possibly covid related) and buyers mopping up what they can in anticipation of problems ahead.
thelongandtheshortandthetall
03/9/2021
08:19
Sector bellwether Cameco hit a 10 YEAR HIGH on the TSX in yesterday's session at just over C$26 Excellent news for the sector and outlook. GLJ Research have also increased their BUY RECOMMENDATION and price target on Cameco from C$27 to C$38 citing increasing demand. ALL IMO. DYOR. QP
quepassa
03/9/2021
01:36
Spot now $37 Nav at 289p
return_of_the_apeman
02/9/2021
21:02
Cheers 7Kiwi. Informative post there.
thelongandtheshortandthetall
02/9/2021
20:29
lst, Sprott certainly are making a difference. However, both Cameco and Kazatomprom have said that they will need to access the spot market to meet their contractual commitments for the balance of this year. Plus a significant amount of utility requirements are met from spot purchases as opposed to long term contracts. So, it looks like Sprott has been enough to tip the spot market into a bullish phase. There's an overall structural supply deficit, and once the excess inventories are depleted, I expect a spike in the U price. Trouble is, the market is somewhat opaque, so we never quite know how much inventory is being held. So, this might be a temporary surge, or it may be the real deal. Only time will tell.
7kiwi
02/9/2021
19:30
In all seriousness I guess green electric generation is all go - esp with the EV revolution.
thelongandtheshortandthetall
02/9/2021
18:50
So are Sprott going for a decent, late 18th Century, cornering of the Uranium market?
thelongandtheshortandthetall
02/9/2021
17:10
I think that's a new all time high close at 285.
7kiwi
02/9/2021
13:16
@Ptolemy - nice timing! I've updated the header to add one more chart. The previous mega spike actually involved 2 years of steady increases (don't know how granular that data is). I suspect the move coming over the next few years will be more violent, but would happily accept the same pattern again. Patience, combined with controlling excitement, is going to be required. Surprised this is still at a discount to NAV though
bmcb5
02/9/2021
07:52
A well respected bloggers view on uranium https://adventuresincapitalism.com/2021/09/02/the-new-gbtc/
andyforster1
01/9/2021
21:26
Nav now up to 278.2p :-) Spot $35.63
return_of_the_apeman
01/9/2021
08:37
Prepared this chart on Friday and took a small position. hTTps://twitter.com/SeymourTrading/status/1432969917431754753
ptolemy
01/9/2021
08:37
At 34.63 I calculate the nav here at 270.4p so the current price of 266p is still a discount. Since this has recently traded well above nav many times recently a break of 280p would seem very likely. Above £3 without futher movement in the spot price would probably tempt me to offload a few to hopefully purchase back lower (possibly to my peril) Just my thoughts, uranium seems as close to a one way bet as I can find in the medium/long term, we shall see Gla
return_of_the_apeman
31/8/2021
21:13
You can follow the sput tracker spreadsheet set up by Alex Weinstein which he updates daily, & appreciatively put into general circulation. hTTps://docs.google.com/spreadsheets/d/1cH_2BM6T48FJDP8ShHBL9IRGFbR99ChH_SPSAWRGvt0/edit#gid=532762655
yupawiese2010
31/8/2021
20:13
That made for some positive reading, thanks kiwi
+eysenck
31/8/2021
19:50
U3O8 price breaches $34/lb, for a new 5 year high. Miners starting to perk up. The Sprott ATM seems to be having a big impact on the spot price.
7kiwi
30/8/2021
10:48
John Quakes provides a Uranium market update: htTps://app.box.com/s/3lu5t9vpupo4uwc83wxjkm8d6yxmpuvq
7kiwi
27/8/2021
11:39
Bought 10k at just over 255p Xxd
return_of_the_apeman
27/8/2021
09:15
YCA commentary from Patronus Partners "...We believe, at this stage in the commodity cycle, it is makes sense to have some long-term exposure to uranium in a diversified portfolio given its low correlation to other asset classes and the potential for a high level of capital growth when the cycle turns up. Yellow Cake provides a ‘cleaner’; exposure, without the operational risk..." "...For Yellow Cake, our estimated NAV is 262p per share or $551.7m, comprising the 15.86 pounds uranium valued at a spot price of $33.55/lb, a derivative liability of -$3.4m, and cash & and other net assets/liabilities of $22.8m. The shares are little changed this year and currently trade on a 3% discount to NAV..." mcusercontent.com/ce4d22f48d9bbc27498a9ba05/files/fba5487b-ab1e-eb53-1dac-7d50b841bb49/Morning_Note_210827.pdf?mc_cid=b83bf5c71d&mc_eid=40af5b3626
pob69
25/8/2021
20:02
Cannacord Uranium market update.
7kiwi
23/8/2021
21:45
Energiser, The Sprott Uranium Trust has started an At The Market buying programme. $300m total facility at about $10m per week.
7kiwi
Chat Pages: 33  32  31  30  29  28  27  26  25  24  23  22  Older
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