Petra Capital believes retail investors have "capitulated" on uranium stocks, with the spot price down -40% from the high of US$107/lb in February 2024. General pessimism has not migrated onto the long-term uranium price, which has risen by 8% over the same period |
Around $60, western & African producers have a marginal cost above $60 according to Ocean Wall.https://thehoot731.substack.com/p/you-can-take-advantage-of-the-volatility?utm_source=post-email-title&publication_id=3755348&post_id=158583861&utm_campaign=email-post-title&isFreemail=true&r=sx64f&triedRedirect=true&utm_medium=email |
And spot at 63.63 (where sput closed) |
With gbp at 1.2935 I get nav around 4.98 |
Notwithstanding, YCA looking an interesting proposition once again.
Does anyone have a handle on the current NAV?
Would prefer entry at 400p; but perhaps better to go for half now and half on any further weakness.
free stock charts from uk.advfn.com |
Investment performance incentives for directors is a total steal. YCA is an investment company investing in just one asset - Uranium.
There is sod all for the directors to do other than decide when to issue a few more shares and buy more uranium.
Their efforts cannot affect the uranium price; so why should they be granted options.
Very poor governance and the institutions should speak out against it - but no - wait - the institutions all on the same gravy-train - so they do nowt! |
Sprott and HANetf launch “Europe’s first” physical Uranium ETC |
according to a new report by the International Energy Agency. But they also mean the country’s annual demand for uranium is expected to almost double from 11,500 tonnes now to 21,000 tonnes by the end of this decade |
While the shorters follow the spot price, the experts are tuned into the uplift in contracting volumes to start 2025 |
This share is trading at 20% discount to uranium spot of 64.8 usd/lb. CEO stated that utility term purchase price is more likely 80 usd/lb. Yellow Cake will eventually rerate upwards again. Im prepared to wait and increase holdings at this price |
andre on presentation from the February 12th-13th Metals & Mining Virtual Investor Conference |
Andre of yca 5 days ago |
Bring it on... I am happy to DCA on this one for the medium long term. |
Be careful. Their is still 4 pc out on loan to shorter. Hopefully not for much longer. |
US and European energy groups at risk from uranium supply crunch
Metal used to power reactors faces shortages as demand for nuclear power rises
US and European energy companies are at growing risk from a uranium supply crunch as demand surges for nuclear power to fuel everything from household electricity to data centres, industry figures have warned. |
Hoping we have now firmly set the lows.... |
Presumably crossed 3%, rather than just purchased 3%. |
3% holding announced |
I think we've had our real answer now to yesterday's post 2345! Leaky update.... |
Yellow Cake's estimated net asset value on 27 January 2025 was £5.46 per share or US$1,479.6 million, based on a spot price of US$67.30/lb and cash and other current assets and liabilities.
Andre Liebenberg, CEO of Yellow Cake, said:
"We remain confident in the long outlook for the uranium price. We see current market volatility as presenting compelling new entry points for investors. We expect to see uranium term contracting increase in 2025, especially among nuclear utilities in the US and Asia/Pacific region, while producers look to meet increased demand by developing higher cost greenfield projects. At the same time, we believe this year will highlight the fragility of the supply side in the face of this growing demand. These factors are expected to place upward pressure on the uranium price." |
Cameco resumes uranium production at Inkai JV in Kazakhstan |
usual end of month ETF rebalancing and smack down by vested Uranium traders |
Nerves about maga - sorry - mega tech stocks in US. Results due imminently. |
Uranium will still be enormously in demand, whether it’s from Chinese or US data centres. Logically, if Chinese AI companies are efficient then Chinese growth will be much faster than expected, without necessarily impacting on RoW. There’s no way the West will be dependent on Chinese data centres. But it’s not going to happen overnight, in the meantime there’ll be a lot of the usual volatility in uranium prices. I’ve been a holder in the past and am looking for a re-entry price. Not sure where the bottom is though! |
I think all US futures being much lower is the reason, cant see anything else |
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