Yellow Cake Share Discussion Threads

[7kiwi] 31/1/2022 13:10

jon wig,

I think the fears are also about increased labour costs (imho, they should pay a decent wage to their workers, but higher wages means lower profits), continued supply chain disruption and higher corporate taxation.

However, the authorities are clearly under pressure since the unrest, so the chances that they make a policy mistake are probably quite high.

[jonwig] 31/1/2022 07:01

jdepp - KAP has been weak since the upheavals in Kaz. There are fears of nationalisation. These are probably overdone, but I sold half of my holding when the troubles started.

[jdepp5] 30/1/2022 19:14

Hello, as a newbie to uranium, SPROTT seems to trade at nav whereas Yellow Cake is at I guess a discount, given they do not update daily.
Any suggestions to gain exposure appreciated, or a miner, KAP?

[sea7] 28/1/2022 10:20

posted on another site Bulletin board...

January presentation came out a couple of days ago:



NAV/share on 21 Jan was 345p, based on U at $44.5/lb.

[j4ckthehat] 26/1/2022 14:15

https://www.indianaenvironmentalreporter.org/posts/bill-allowing-construction-of-nuclear-reactors-in-indiana-clears-first-hurdle

[sea7] 26/1/2022 10:22

extract

The birth of the #SPUT has clearly had a powerful impact on the uranium market, with the spot price increasing over 50% to $47 from its August low of $30. Since the acquisition, Sprott has purchased over 21 million pounds, growing assets under management to close to $2 billion. We’d note that much of this move has happened with utilities on the sidelines, largely surprised by a $15-20 jump and hoping that Sprott is a short-term phenomenon that can be “waited out.” We don’t believe that’s likely to be true and expect utilities to feel Sprott’s impact, not just in the spot market but on their their mid- and long-term contract books as the cycle progresses (they are connected – as we outline below). We’d remind readers that we’ve always said the real fun begins when utilities re-enter the long term market in force.

[7kiwi] 24/1/2022 13:14

tonsil,

I've got it indirectly through my holding in GCL. I too have noticed it's not listed on HL. So, sorry, can't help with how to buy it directly. If you ask HL, they might be able to help. It may be restricted because it's majority owned by the Kazakh state.

[tonsil] 24/1/2022 12:16

Anyone hold Kazatomprom? How did you buy it? HL don't list it.

[bpdon] 24/1/2022 08:44

Back to a 10% discount and my average entry price here. The U sector has been gutted over the last few weeks. We could really use a fresh catalyst.

[mickhay3] 17/1/2022 14:37

https://moneyweek.com/investments/commodities/energy/604333/why-the-uranium-price-is-set-to-keep-rising

[7kiwi] 13/1/2022 00:35

And just in case you forgot why you invested, here's a recent supply-demand chart.

Note the demand line does NOT include secondary demand from financial players like SPUT, YCA or the new ANU fund being put together by Kazatomprom.

[7kiwi] 13/1/2022 00:31

Cantor Fitzgerald reports on its recent meeting with SPUT. Some interesting stuff in here.

[7kiwi] 13/1/2022 00:30

Nuclear energy gets on to the radar of Credit Suisse.

Interesting how it doesn't research many of the companies on its list of potential investments. As an aside, it doesn't include dispatchability of nuclear power compared to wind and solar either.

[7kiwi] 12/1/2022 18:32

KAP to face increased taxes as part of wider move to raise more taxes from mineral extraction.



This will increase the effective operating costs for KAP, so may well lead to them increasing prices.

[skyship] 12/1/2022 08:49

7Kiwi - thanks for that, Russia Today TV on steroids - hysterical. Sadly so typical of what the Russian populace are fed; and have been for over 100yrs!

Don't think the author Alexander Rogers will be receiving a Pullitzer prize anytime soon.

[7kiwi] 11/1/2022 22:33

You need Google Translate to make sense of this. I think the translation leaves something to be desired. However, it is clear that the Russian media have the knives out for Yellowcake.

Essentially they accuse the chairman of organising a coup. Crazy stuff.

[7kiwi] 11/1/2022 20:42

Higher taxes on the way for KAP.

[...]

[7kiwi] 09/1/2022 21:46

Ukrainian news agency says Kazatomprom is under the control of the Russian troops in Kazakhstan.

Strange it doesn't mention the space port.

Plus, I guess we have to take a Ukrainian news agency with a pinch of salt.

[7kiwi] 09/1/2022 19:15

EU eyeing 500bn Euro investment in existing and new nuclear by 2050. This is in addition to the $440bn China is spending on 150 new nuclear plants by 2035.

[7kiwi] 09/1/2022 16:36

Jonwig,

I think it is happening. Iirc, there was provision for a start to be made on the stockpile in one of Biden's stimulus plans.

[jonwig] 09/1/2022 12:29

Do you remember Trump's 2019 plans?

This proposed plan would create a reserve of domestically-mined uranium and stored in a “Federal Uranium Security Stockpile.” One option on the table is for the Department of Defense to purchase uranium through the 1950 Defense Production Act.

The president concluded in July that: “The United States requires domestically produced uranium to satisfy DOD requirements for maintaining effective military capabilities,” including the Navy’s nuclear fleet.

It never happened, but could be revived (without, of course, the Trump name attached.)