Yellow Cake Share Discussion Threads

[7kiwi] 31/8/2023 18:49

Hello to $60 again. Numerco reporting $60.50/lb mid. Closing in on £5/share NAV and £1bn NAV for the entire company.

[7kiwi] 31/8/2023 12:51

Spot ticked up again according to Numerco. SPUT raised $900K yesterday. Looking sprightly.

[7kiwi] 30/8/2023 17:40

Spot at 59.38 now. Miners on the move. I hope Andre is ready with his $100m option.

[7kiwi] 30/8/2023 14:34

59.35 now.

[7kiwi] 29/8/2023 22:36

Spot up to 58.86 according to Numerco. Other brokers a bit higher according to Twitter. It seems like a long, slow best higher. SPUT hasn't been in the market for months. When the hedge funds get back from their summer holidays, things could get very interesting.

[7kiwi] 29/8/2023 12:06

August pres out:

[ptolemy] 25/8/2023 17:08

Sold this week. Couldn't resist 25%

Ptolemy - 06 Apr 2023 - 1730 - Chart looks good, so I bought a few

[skyship] 22/8/2023 09:14

Indeed, as per the chart in 83 above. Convinced me to get on board again. Already a nice profit; but may well hold as a run to the NAV level looks quite likely.

[7kiwi] 21/8/2023 16:45

Looks like we've got a bit of a breakout, closing over 440p.

[skyship] 21/8/2023 08:25

bmcb5 - could you also add the Numerco link to the Header:

[7kiwi] 18/8/2023 19:50

Spot now at 58.25/lb according to Numerco

[sea7] 18/8/2023 19:07

The Uranium Bull: Defying Trends and Redefining Energy Markets

page 11.... Given the deficit between
power generation demand and mine supply, and given that almost all easily mobilized Fukishima-related inventory has been removed from the market, we believe uranium prices could move chaotically to the upside.

page 13...Why has uranium rallied while every other energy commodity has collapsed? Over the past twelve months, spot uranium advanced 12% while oil, natural gas, and coal all fell anywhere from 30-70%. Our models suggest uranium’s strong performance has just started. Uranium has likely reached a pivotal inflection point that could force the price higher by as much as three- to four-fold over the next several years

[skyship] 18/8/2023 13:17

Thnx for that. Chart suggests we may be about to see an upside breakout:


free stock charts from uk.advfn.com

[7kiwi] 18/8/2023 12:35

468p, using the proforma lbs and cash data from the 31/7 update

[skyship] 18/8/2023 12:07

7Kiwi - do you have an estimate for today's approx. NAV ?

[7kiwi] 17/8/2023 19:24

And up again today. 57.70 mid now.

[7kiwi] 17/8/2023 09:29

U3O8 spot price ticking up every few days. Numerco now over $57/lb mid-price. Not bad for the summer doldrums.

[csalvage] 07/8/2023 06:25

From Rabobank todayUnderstandably, the world's gaze is fixed on the situation in Ukraine, but this isn't the only flashpoint for commodities. Last Tuesday we wrote about the coup in Niger impacting upon the supply of uranium to the French nuclear industry. Niger supplies 25% of Europe's uranium, and signs that the military junta is cosying up to Wagner Group potentially puts close to 60% of the world's mined uranium under the influence of the Kremlin. Even more concerningly, Russia itself dominates the market for uranium enrichment, while the West has allowed its own capabilities in this area to wither on the vine via comforting delusions of the End of History. Clearly there are many risks here, with potentially severe implications for energy security and decarbonisation efforts.

[7kiwi] 01/8/2023 19:34

Spot Uranium seems to be responding a bit to the news from Niger and today's KAP update where they said their sales forecast for the full year was up 13% or so. Production guidance not updated so they're going to need to buy in the market or deplete their inventory.

Spot now $56.41/lb mid

[aeonflux] 31/7/2023 14:57

Yellow Cake PLC on Monday reported a growth in its net asset value per share in its second quarter, following the rise in the price of uranium.The Jersey-based uranium investor said its NAV per share was up 6.4% on June 30 to £4.50 per share, from £4.23 per share quarter-on-quarter.Net asset value on June 30 was estimated to be $1.13 billion, up 8.7% from $1.04 billion quarter-on-quarter.Uranium spot price up to $56.00 a pound on June 30, from $50.65 on March 31. A growing focus on term uranium contracting is expected to be a factor in this increase in spot market demand.Chief Executive Officer Andrew Liebenberg said: 'We remain confident in the medium-term outlook for the price of uranium, based on the continued supply and demand fundamentals that we expect to drive further upward pricing pressure on the commodity in the second half of 2023.'The company said that the Russian invasion of Ukraine had disrupted the uranium market, with restrictions on Russian-sourced nuclear fuel deliveries into the EU, UK, and US persisting.'A growing focus on term uranium contracting will be a contributing factor to the expected increase in spot market demand as nuclear utilities acquire additional strategic inventory to supplement multi-year purchase agreements under negotiation which are likely to be at prices above the prevailing spot market,' said Yellow Cake.Shares in Yellow Cake were up 1.0% at 420.00 pence in London on Monday morning.

[7kiwi] 31/7/2023 14:52

Big leap on big volume. SPUT rising at the open too.

[7kiwi] 31/7/2023 09:38

Niger suspends #Uranium #U3O8 exports to France.



Niger provided ~25% of EU Uranium in 2021, Kazakhs ~23% & Russia ~20%. Where is EU Uranium going to come from if nothing from Niger, Russia sanctioned, St Petersburg route off limits & low capacity across Caspian?

[7kiwi] 19/7/2023 23:55

Going up on rising volume.

[thomstar] 17/7/2023 09:05

Buy target 349