Yellow Cake Share Discussion Threads

[idiotsinthedarkrizandlintard] 19/10/2021 05:37

Uranium up 2.7% to .$47.15.
Paladin up 8% in Australia.
Let’s see where Kazatomprom opens later but another great day for yellow cake and other Uranium Producers on the way.

[bpdon] 18/10/2021 16:08

Buyers happy to keep the YCA premium high. Fair enough given the steady flow of bullish news over the last few days. Currently pricing in $50 U which isn't out of the question any day now considering the Sprott ATM is probably busy churning out more units today.

Looks like I might miss not get a chance to reload cheaper what I top sliced last week when the premium was a bit wild.

[idiotsinthedarkrizandlintard] 18/10/2021 14:25

YCA going through the roof - up 13.75p or 3.73%. I own it and am very happy.

I am even happier given that my miners and producers as expected are even stronger - Denison mines up 10% - Energy Fuels up 7.9%, Uranium Energy Corporation up 7%, Cameco up 7.1%.

Fantastic and the rally in Uranium is just starting. The mass market of retailers who are the last one in are still to come. Obviously when it becomes mainstream and the last incremental buyer has appeared we will sell and take our 1000% profit and thank you very much - Bob is your uncle.
:)

[jonwig] 18/10/2021 14:12

The Kazatomprom announcement is interesting in that the fund buying the uranium is deemed to be independent of KAP.

It's probably true that the fund, ANU and KAP have no directors or management in common, but in Kazakhstan the notion of independence is a pretty loose one and the purpose of ANU will be to ensure KAP's long-term profitability. (Not that we are complaining, mind.)

[this tea tastes of chicken] 18/10/2021 13:53

There she blows..

[yupawiese2010] 18/10/2021 06:48

Kazatomprom Announces Investment in Physical Uranium Fund.

[jonwig] 16/10/2021 06:19

FT:

UK ministers will put nuclear power at the heart of Britain’s strategy to reach net zero carbon emissions by 2050 in government documents expected as early as next week, alongside fresh details of its funding model.


Comes right after the French policy statement. Germany unlikely to move away from phase-out given opposition from Greens to nuclear.

[smellypraikzibjslintard] 15/10/2021 08:18

Consolidation day today. Kazatomprom down 3% playing catch up with US/Canada/Aussie action last night.

Real activity to begin at 2:30 again. Uranium spot holding $46 at the moment.

[7kiwi] 14/10/2021 15:44

Hpcg,

Each to their own. If the U3O8 price does go parabolic, then past a certain point, the extra price might not be factored into the miners. That may make holding physical more attractive.

I think it's unlikely that the baseline term price in long term contracts goes much above, say $80. But who knows, there's still lots of cash sloshing around the system and even after the recent surge, the Uranium market is still small.

I have done quite a bit of research now. But my preferred vehicle for the producers/developers is GCL. There's a couple like LOT, DYL and FIND that it doesn't have. But it's easier for me to hold that as a basket alongside YCA.

Although GCL seems to be trading well above NAV at the moment.

[idiotsinthe darkrizandlintard] 14/10/2021 14:09

Great start again. Momentum is a powerful weapon and at the moment momentum remains strong. Obviously we will not move up in a straight line and indeed volatility and back testing the lower limits of the channel will be beneficial to the long term prospects.

$100 is achievable given Sprott and zero emission policies alongside China reactor policy and Japan bringing reactors back online and SMRs in UK, France etc and currently any short term weakness at the open is being bought into.

Lookd good for a killing in this asset group over the medium term.

[smellypraikzibjslintard] 14/10/2021 14:04

All producers on the rise again on NYSE and TSE. Yellow Cake a solid 3.1% up as well. Brilliant.

[goodgrief] 14/10/2021 13:47

A brief scroll through ODX thread bears that out!

[jonwig] 14/10/2021 13:42

Speaking from experience (2004 here) there's negative correlation between the length of a username and its value. This one (or two same person) might be an exception, but then why the posturing?

[smellypraikzibjslintard] 14/10/2021 13:24

Actually much more profitable investing on the producers and the leveraged play that they provide. Thanks IdiotinthedarkRiz andLintard. I also own many of the miners/producers you mentioned - Up 25% most in the last few days and looks like a strong opening in the US given Kazatoprom performance.

[hpcg] 14/10/2021 12:07

7Kiwi - Thanks for the research on Cameco, from when you posted it before. I closed that position and just concentrated on the physical. I don't really have the time to research each Uranium producer carefully enough, and it is much more reliable to just concentrate funds on the physical at this time.

[idiotsinthe darkrizandlintard] 14/10/2021 10:37

Agreed, but if the market believes that the rise in Uranium is sustainable (which is questionable) if we get to mid 70s quickly then assuming most analysts would value the company on a DCF basis the new long term contracts will be priced at the existing spot price of say $75 and the perpetuity figure of the NPV models will rise dramatically.

All this is guess work obviously but one thing is certain. If Uranium spot prices continue to rise and this becomes mainstream on MSNBC and other networks we will see another huge influx of retail money in chasing returns and the resultant explosion 💥 in share prices signals the time to exit but by then the likes of yellow cake, Cameco etc will be another 70% higher. By the time retail investors en masse find out about this as a general rule it is the end of the run as the incremental buyer would have been exhausted.

By the way I am not Riz - Riz and Lintard are two idiots in the dark who were bankrupted in ODX and BPC. Since bankruptcy they troll other investors and try to disrupt their boards. I got tired of their stupidity so came in as a counterweight to these two idiots in the dark.

Kind Regards

The “SPECIALIST221;

[7kiwi] 14/10/2021 08:16

Riz,

Theoretically you are right about the operational gearing of the producers. But beware Cameco in the short term. Their gearing is actually negative, because their sales commitments exceed their production capacity at the moment.



For every $5 increase in the Uranium price, earnings fall $4m and cashflow $13m. How on earth did the world's second largest producer get itself in the position where its earnings move inversely to the price of its core product?



Take a look at GCL. London listed with large holdings in the developers (and some explorers and the big producers) that arguably have greater gearing to the upside.

SPUT has about $650m left of their ATM facility. I strongly suspect that will be used well before 1H22. They've raised $135m just in the past couple of days. But if they use it all, they can simply extend it. It only took a few trading days last time.

[idiotsinthe darkrizandlintard] 14/10/2021 07:37

If that happens then producers will be up 2-3x.

Exciting times ahead but there will be volatility.

[idiotsinthe darkrizandlintard] 14/10/2021 07:33

Remember Sprott recently increased authority to issue another $1bn - implying they have to buy $1bn of uranium oxide.

That will happen in H1 2022. If $330m odd moved the Price from 30-50 then the next move will see us nearer 80s. That might be only a technical move but by then yellow cake will be nearer 560p and possibly a good time for profit taking.

[weaverbeever] 14/10/2021 07:24

Ah. This is a good site. Thanks.

[idiotsinthe darkrizandlintard] 14/10/2021 07:24

Making a killing on this. Also own Uranium Energy corp, Energy Fuels, Cameco and Denison mines.

Our time - the time of Uranium has arrived.

Forecast prices are for $100 by 2023. Given the leverage inherent in producers (ie fixed cost nature of the business) future price increases past 40 will all flow down the PAnd L.

We are just getting started.

Makes sense to own the producers on top of the physical asset.

Kazatomprom currently 3% up which bodes well for US/Canada opening at 2:30.

[idiotsinthe darkrizandlintard] 14/10/2021 07:20

Best site to get uranium price is :

[swanvesta] 13/10/2021 21:05

Guys, to get regular spot price updates follow numerco on twitter:

[7kiwi] 13/10/2021 20:56

Oh, and I should have said, that deficit is before SPUT buying, and YCA and the juniors.

They are essentially bringing forward the supply crunch