Yellow Cake Share Discussion Threads

[skyship] 26/2/2024 14:13

U down to $95

[7kiwi] 25/2/2024 23:30

The looming Uranium shortage and what it means for energy security.

[sea7] 23/2/2024 13:23

no - they have about £33 million in cash.

[halfpenny] 23/2/2024 12:26

Do they have Cash flow issues hence falling shares?

Capital Raising so 500p support to be Tested

Watching beyond any Hype...too Risky..
Remember Can't have your Cake and Eat It!!!!

[sea7] 23/2/2024 09:09

john quakes on twitter...




Boom!💥#Nuclear fuel consultants UxC are reporting that a non-US utility has issued a Request for Proposals (RFP) to #Uranium producers to supply 21 Million lbs in a massive long-term contract with deliveries starting in 2026 on out to 2039.📜⚛;️⛏A039;🛒㊃2;🐂

[sea7] 23/2/2024 08:44

NAV £7.93 - Trades at £6.40 - discount is 19.5%

[allstar_07] 23/2/2024 08:25

Seems a little overdone on the small retrace of spot or is there other news? Does anyone have the current valuation and discount to hand?

[sea7] 23/2/2024 08:24

Since financial entities moved in and made spot uranium a speculative plaything as much as an end-use consumable, the uranium market has become as much beholden to macroeconomic impacts on financial markets in general as it is to physical supply/demand. So it was last week when a “hot” US inflation print sent Wall Street tumbling.

Industry consultant TradeTech reports the stocks in its uranium “StockWatch” basket fell an average -4.5% for the week.

Which has little to do with the current global supply/demand imbalance and uncertainty within the uranium market. It did serve to force sellers into quickly lowering their offer prices.

There was not much response from buyers. Activity in the uranium spot market was down significantly last week, TradeTech reports. TradeTech’s weekly spot price indicator fell -US$1.00 to US$102.00/lb, continuing to exhibit volatility around the magic 100 level (magic simply because it is a round number).

[mrnumpty] 20/2/2024 22:16

It seems to me to be very interesting that , just at the time that big players are moving into uranium , the price of Yellowcake and also of Sprott have fallen . I think I’ll hold and possibly buy more if Yellowcake falls any more .

[kinbasket] 20/2/2024 14:31

Goldmans writing derivatives for a highly illiquid, opaque market.

Can't see anything going wrong there..

[sea7] 20/2/2024 14:06

dated 20th Feb 2024



Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.

and

With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.

and

Goldman Sachs has started writing options on physical uranium for hedge funds, the first time it has created a derivative for the metal.

and

Goldman is largely dealing with financial clients like hedge funds while Macquarie's main focus is boosting trading and marketing output from miners, another source who dealt with both banks said, also declining to elaborate because the data is confidential

[dickiehh] 20/2/2024 08:48

anyone know why this has fallen 8 percent or so over the past couple of weeks?

[sea7] 15/2/2024 09:16

Thanks kiwi

[7kiwi] 15/2/2024 08:44

New pres out:

[7kiwi] 14/2/2024 22:08

Spot off a touch at 102.75

[7kiwi] 12/2/2024 17:46

Spot on the move again. $103.75/lb mid according to Numerco.

[trader deak] 12/2/2024 09:13

Double top now formed on the chart now below the neckline...

[7kiwi] 07/2/2024 08:43

Spot down to 103 mid, but it did dip down to 102.5.

[7kiwi] 05/2/2024 19:49

Mjn,

I think the endgame is that a consortium of producers and/or utilities buy YCA. 21m lbs covers about half a year of the structural supply deficit that is set to continue for the next few years. Although I don't expect that for a while yet. And it would have to be at NAV or a premium for shareholders to agree.

[7kiwi] 05/2/2024 19:44

Spot down a dollar to 106 mid.

[7kiwi] 05/2/2024 14:05

Apparently, the Kazakh government has resigned/been dismissed by the president.

[yupawiese2010] 02/2/2024 18:25

Courtesy of Alex Weinstein.

SPUT Tracker - New charts: Spot price and bid/ask spread. Tracking the bid/ask spread vs. spot price over time and the annualized volatility of both. Should be a good way to see the tightness of the market. This will auto-update daily.