Yellow Cake Share Discussion Threads

[skyship] 14/9/2021 14:02

allstar - see the last link in the Header...

[7kiwi] 14/9/2021 10:34

Sprott updates its long term Uranium price forecast to $60/lb and upgrades a number of stocks - Boss, Fission, Iso, NexGen and UEX. sprott.com/media/4326/210913-upx-scp.pdf I guess as the swing buyer, they have some insight into how high the U price is going to go.

[7kiwi] 14/9/2021 10:21

rota, You might be right for a quick trade. SPUT is trading at a massive premium because Sprott haven't been able to issue new units for a couple of days as they get the extended ATM approved. I think they can start issuing new units from today. So the premium should narrow considerably. We don't know yet whether the premium will narrow by a falling share price or rising U price. I suspect we will see a slight dip in the price for a couple of days. But we don't know anything for certain.

[7kiwi] 14/9/2021 10:19

all-star, it doens't move that often. I follow @numerco on Twitter, they tweet out the latest bid/offer every couple of hours or so when the market is open. John Quakes (@quakes99) is also an invaluable source of information.

[allstar_07] 14/9/2021 09:37

Hi, can someone share a link to a live uranium price?

[andyforster1] 14/9/2021 08:57

When uranium goes up YCA goes up and sprott stays the same or goes up ? What's the point when it's blatantly obvious the market is short front end uranium??

[return_of_the_apeman] 14/9/2021 08:52

The price of uranium would be not be a factor imo, the pairs trade is based on the premise that the discount between yca and sprott should narrow

[andyforster1] 14/9/2021 08:26

Yes. The uranium price is going up and it doesn't look like it's stopping

[return_of_the_apeman] 14/9/2021 08:23

Still the best value to be found here YCA around 3% premium to NAV (@348p) YCA discount to Sprott around %25 Anyone think of a reason not to do a pairs trade, short Sprott, long YCA apart from a little currency risk? Sprott's new $1billion atm is available from Thursday apparently

[7kiwi] 13/9/2021 20:47

I have read that the WSB advice is to first load up on Cameco call options, then go all in on SPUT to drive the U price and hence Cameco higher. Other producers and explorers should follow. I do wonder if Nexgen is raising money - it's share price hasn't really moved with the others these past few days.

[return_of_the_apeman] 13/9/2021 20:26

Once spot is through resistance at 45 next resistance is 73 then 95 and blue sky at 140, I expect an urge to get off the bus at 73 will probably prove too much for me. Wsb crew are apparently on it 7kiwi, lets see what they can muster, as the gap between spot and miner valuations grows I still expect more money to flow into sput HTtps://www.wsj.com/articles/uranium-stocks-jump-as-reddits-wallstreetbets-goes-nuclear-11631538583

[the white house] 13/9/2021 14:41

North Shore showing up 8.6pcCNBC highlighting issue and targeted buying

[7kiwi] 13/9/2021 09:08

Blimey, I thought it might go up this morning, but I wasn't expecting nearly 20%.

[return_of_the_apeman] 13/9/2021 08:24

Get used to it

[andyforster1] 12/9/2021 20:07

https://youtu.be/XTCr62DURV8

[jonwig] 12/9/2021 07:57

True, but these are futures - derivatives not physical, and no-one even wants to trade or there would be a spread quote. The single price is just indicative, and if I could buy 2026 uranium at $46, I'd accept. (Size will be five figures, so out of my league.)

[7kiwi] 11/9/2021 18:03

Jonwig, Uranium futures are a very thin market. The prices do look low, but I suspect it's because nothing has traded recently.

[jonwig] 11/9/2021 10:29

has anyone seen this web page before? https://www.cmegroup.com/markets/metals/other/uranium.html Click the button "Load All" to see prices out to 2026. The prices look far too low (Aug 2026 $44.60) and there are no contracts at all reported.

[7kiwi] 10/9/2021 22:54

yupa, Thank you.

[yupawiese2010] 10/9/2021 18:19

@7Kiwi - Here is a recording of YCA CEO speaking on Bloomberg today. hTTps://www.bnnbloomberg.ca/commodities/video/there-s-a-fundamental-supply-deficit-in-the-uranium-market-yellow-cake-ceo~2278844

[7kiwi] 10/9/2021 16:36

SPUT has issued a revised prospectus on SEDAR taking the ATM facility to $1.3bn dollars, thereby adding $1bn of capacity. Game on.

[7kiwi] 10/9/2021 15:00

Apparently the CEO of YCA is on BNN Bloomberg at 16:10 UK time. I don't know how to access it though. If anyone has a link I would be very grateful

[7kiwi] 10/9/2021 12:33

Kopernik Global Investors add to their position in YCA: hTtps://uk.advfn.com/stock-market/london/yellow-cake-YCA/share-news/Yellow-Cake-PLC-TR-1-Notification-of-Major-Holdin/86024351

[quepassa] 10/9/2021 09:01

Excellent article in today's FT on page 13 by their highly regarded commodities' journalists Neil Hume and Henry Sanderson, headed " Uranium prices soar to highest since 2014 as investors scoop up nuclear fuel." One reference in particular to Japan in this well researched FT article caught my attention:- "Japanese utility groups rose sharply yesterday after Fumio Kishida, a leading contender to become the country's next prime minister, said restarting nuclear power plants was necessary to achieve the country's net zero goals.Nuclear power was shut down in Japan after the Fukushima Daiichi disaster in 2011 and has only slowly been restored". If Japan soon start turning back on significantly more of their nuclear generators, what a further price stimulus that will be to U308 with end users needing to commence buying and contracting wholesale supplies in addition to the heavy buying by the financial players. See FT article for full context and further comment on the role being played by Yellow Cake plc and Sprott. ALL IMO. DYOR. QP