Yellow Cake Share Discussion Threads

[7kiwi] 04/11/2021 08:48

SPUT raised $70m yesterday through their ATM. Bought 700K lbs. Have $54m cash on hand for more stacking.

They should put that to use over the next couple of days, so the spot price shold respond upwards.

[7kiwi] 03/11/2021 20:29

I think this blows the WNA demand forecasts out of the water. China to build 150 new nuclear plants over the next 15 years. More than the rest of the world has built in the past 35 years.

[7kiwi] 03/11/2021 15:24

Hopefully, we have now seen the bottom of this cycle and we are starting the next leg up.

Canadian miners doing well today and volume is picking up on SPUT.

It's the right time of year for a seasonal rise.

[bmcb5] 03/11/2021 13:20

30m new shares issued. Average daily volume is what, 2 million? It's going to take a few weeks to work off the churn of these new shares, imo

[weaverbeever] 03/11/2021 12:58

Thanks. Yes I think trading view and market insider are always out of date prices. I think means yellow cake has bought the latest uranium at a premium to spot. I'm sure yellow cake know what they are doing and have a good idea of where the price will be in future. Figures crossed we get some market stimulating news soon.

[bpdon] 03/11/2021 10:52

Yup mid-price is $42.40'ish. I reckon YCA is sitting back about NAV here. I wasn't surprised at the pull back in YCA due to the premium which had moved outside the norm. But I have been surprised at the pull back in U spot price.

The premium dissipating after the share offering, combined with the big spot price pull back, has weighed heavy on the share price. Chart looks a little bit ugly. Hopefully it can settle and recoil soon.

[swanvesta] 03/11/2021 10:41

Looks like that price comes from Tradingview? Numerco is much lower, and is the price most seem to go off:

[bmcb5] 03/11/2021 10:34

I don't think so Weaver. Low 40's according to numerco.

Spot #uranium 4175/4300 USc/Lb #U3O8 (Delivery at CMO , Chg -25c, -0.59%) CMO = CVD 0c/Lb, CMO = CMX 0c/Lb

[weaverbeever] 03/11/2021 10:21

47.4Is that the correct spot price today?

[7kiwi] 01/11/2021 14:25

Thanks for that jonwig.

Interesting that they have downgraded their production forecast due to some supply chain issues. Forecast sales have gone up, so they have been buying on the spot market to maintain inventory.

[jonwig] 01/11/2021 08:03

KAP Q3, including summary of market events -



The IAEA's "high case" projection for 2050 is a doubling of generation capacity.

[7kiwi] 31/10/2021 08:53

GCL and YCA featured as COP26 stock picks in the Telegraph.

[bountyhunter] 30/10/2021 17:10

That saves 8 months of storage costs.

[7kiwi] 30/10/2021 17:03

Interesting that the 1m lbs they're buying from KAP won't arrive until June 2022.

In September, KAP said they had already sold all of their 2021 production. Does this mean that they don't have spare capacity until June next year?

[lovewinshatelosses] 29/10/2021 13:59

Bought in today. Just a few for the kids. If the uranium bulls are right, hopefully in a decade or so, this small investment will be fairly decent. Maybe sooner, of course. Or maybe not. GLA.

[bountyhunter] 29/10/2021 07:27

Uranium spot price...

[7kiwi] 28/10/2021 20:34

Trade Tech set their month end term price tomorrow. I have seen speculation that the spot price has been suppressed by traders to keep the term price down

The brakes will likely come off the spot price next week.

[bountyhunter] 28/10/2021 16:16

should catch up with the placing price of 364p and head higher sooner rather than later imo especially with COP26 imminent; anything lower looks like a good buying opportunity?

[this tea tastes of chicken] 27/10/2021 13:01

Thanks 7kiwi for the updated table.

[7kiwi] 27/10/2021 07:39

I have NAV around 361.

I have simply added on the 3m lbs and the extra 30m shares.

But we need to see the end cash position once the purchase is complete and the results of the KAP sale and buyback to be more accurate.

[bpdon] 27/10/2021 07:30

I have just added back at 363p the 20% YCA holdings I top sliced 2 weeks ago.

NAV is circa 365p right now by my calcs @jonwig.

[jaf111] 27/10/2021 07:29

Reported NAV at as 25 Oct was 362p per share

[jonwig] 27/10/2021 07:27

Placed at 364p. Did they want speed or optimum price? They certainly got speed. I guess they could have got a better price by widening the net, but that would have been pedestrian.

Adding at 363p seemed to make sense. Kiwi, have you a NAV estimate?

[bmcb5] 26/10/2021 20:45

“The Company believes that the current level of the uranium price offers a compelling buying opportunity.”

Yep