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Yellow Cake – a delivery “in accordance with the agreed schedule”, value Buy

By Tom Winnifrith & Steve Moore | Saturday 8 June 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Uranium investment company Yellow Cake (YCA) has announced it has taken delivery of 1,526,717lb of triuranium octoxide (U3O8) from Kazatomprom at the Orano storage facility in France and that it “currently holds 21,682,318 lb of U3O8 in storage in Canada and France”. How does this compare to a current above 600p share price, £1.3 billion market cap?
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