Yellow Cake Share Discussion Threads

[bmcb5] 30/10/2018 20:11

You’ll get no accusations from here yupa. I like a good debate of the bear case. I watched that video a few days ago. What struck me was that even though he was making the bear case, he still said it’s a good time to invest. I was hoping for something a bit more meaty to consider.

U price continues to tick higher, which supports the nav here. But my GCL holding is well down this week, back to my average buy price.

I’m not topping up on ANYTHING at the moment though. Looks to me like it will get much worse in the short term

[yupawiese2010] 30/10/2018 19:39

Several posters a few weeks ago asked, what was the downside here, the general consensus was.

1.- If there was another nuclear accident.
2.- Exchange rate fluctuations.

Here is a slightly negative view.



The general gist of the discussion is if you look back into recent history only 9% of nuclear reactors that are in the planning stage, ever get built, therefore of the 160 reactors at the planning stage at present, if history repeats itself that could get dwindled down to just 14 or 15. ( are the figures he quotes accurate, I simply don't know ).

The other side of the equation is now that we have a drive for clean energy, could the conversion rate be a lot higher !!.

I don't want to be accused of being a de-ramper, far from it, but to alert people to be cautious when reading statistics about reactors at the "planning stage".

As I envisage YCA as being a long term holding within the portfolio.

[jonwig] 29/10/2018 20:27

Interesting how Palisade was calling the bottom in Feb 2017!

[jonwig] 29/10/2018 12:11

Pretty clear exposition, thanks! He didn't want to say the price would reach $150/lb, but then I think he felt it would.

If uranium makes us no money for 18 months, it might turn out to have been a good investment!

[yupawiese2010] 28/10/2018 22:16

Commentary on the Uranium market, - in brief no short price uplift for the next 18 months, but then for the market to really pick up.

[jonwig] 23/10/2018 05:43

Kazatomprom, intention to list GDRs on the LSE:



On a quick read, 25% of the existing capital will be offered to institutions. Probably next month.

[jonwig] 22/10/2018 16:44

@ bmcb - yes, I think a major nuclear accident is the only significant risk. Unless you see the sad business of another 'CAKE' company as a harbinger of doom!

I've been trying to add in the 220s but the spread seems to be wide and real. I'm sure it's been a lot narrower in the past.

[bmcb5] 22/10/2018 16:05

Thanks @yupa, and welcome aboard.

I'm increasingly seeing this as a potential safe haven in the event of a market sell-off (which is increasingly on my mind). I find it hard to believe that even a major market meltdown would have too much impact on U price.

I guess £/$ rate could have an impact.

Can anybody identify any other risks? What events (other than another Fukushima) could send the bull back into hiding - or otherwise negatively impact the value of YCA?

[yupawiese2010] 19/10/2018 17:07

@bmcb5 - Your spot on with your comments, I just dont understand why anybody would waste precious time voting down posts for no justifiable reason.

Although i had never posted on this board until yesterday, I have had a holding for a few months.

I have been nibbling away in the background these past few days thus increasing my holding, as the story I find is quite compelling, and will duly endeaver to contribute to this board with any links I discover going forward.

Have a good weekend.

[bmcb5] 18/10/2018 14:29

@yupa - looks like we also have an admirer. That must be because we dare to converse with such a lowlife :-)

There are some odd characters on these boards

[bmcb5] 18/10/2018 11:20

lol. You wear it like a badge of honour jw :-)

Meanwhile, it looks like the U price has stepped up overnight. Is that now above $28?

At $28, I get a nav/share of £2.46

[yupawiese2010] 18/10/2018 10:19

@ jonwig - nice to know you have a sense of humour.

atb

[jonwig] 18/10/2018 10:07

@ yupa - I'll be disappointed when he gets tired and stops! Sometimes I think he's my only reader.

[yupawiese2010] 18/10/2018 09:50

Who is this idiot that constantly votes down Jonwig`s posts, across a broad spectrum of boards, Jonwig`s posts, which are informative, normally enclosed with a link to the source as above.

I would personally hate to see any respected person forced off ADVFN, to be left with the uneducated trolls that abound.

[jonwig] 15/10/2018 10:04

Jack, thanks for that.

UTC IPO:



(My browser wouldn't link to the UTC website, deeming it insecure, and I didn't override.)

Agree strongly with his view: physical, not stocks.

[j5ack5k] 15/10/2018 02:12

This guys updates are pretty good.



Mentions Uranium Trading Corporation IPO - taking 2 million pounds of U off market.

[jonwig] 05/10/2018 19:35

bmcb - the interviewer missed the chance to ask where the funds would come from for future purchases when the contract resets in January.

Clearly it would need a fundraising, and these asset-backed vehicles tend to go for an open offer of 'C' shares which are exchanged for ordinaries when fully-invested. (Not one-for-one, though.)

[bmcb5] 05/10/2018 13:00

Nice short and sweet update.

Proactive Interview:

[jonwig] 03/10/2018 06:09

Quarterly operating report:



Key number for me: "Net Asset Value increased by 21% to £2.42 /share relative to IPO price of £2.00 per share."

Reporting quarterly is enough for me, though "operating" is a small exaggeration.

[bmcb5] 28/9/2018 15:47

Probably right on reflection. Somebody flicked a switch somewhere, that’s for sure

[steve73] 28/9/2018 15:21

Probably bot's auto-trading in very small chunks..?

[bmcb5] 28/9/2018 13:35

Good question. A lot of retail-sized trades, all of a sudden. I'm guessing it has been tipped, somewhere? Total declared volume so far today is small - but look at the impact!

[ih_140496] 28/9/2018 12:22

Why a sudden rise today?

[bmcb5] 19/9/2018 07:51

Yes, he's certainly confident. And as you point out, he has been for some time. He has now set up an investment fund, specifically for this "highly asymmetric investment opportunity".


He also has a new podcast out, which is worth a listen: