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Yellow Cake Flotation

CommissarJones
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Yellow Cake Flotation

#144011

Postby CommissarJones » June 5th, 2018, 11:14 pm

Yellow Cake, a pure-play uranium investment vehicle, plans to go public on AIM with trading expected to start next month. The plan is to hold uranium that will be purchased from Kazakh producer Kazatomprom, giving investors exposure to the price of the metal without any involvement in mining. The investment argument is that uranium is structurally underpriced at a time when demand is set to increase as more nuclear reactors enter operation.

moorfield
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Re: Yellow Cake Flotation

#144017

Postby moorfield » June 5th, 2018, 11:36 pm

CommissarJones wrote: The plan is to hold uranium that will be purchased from Kazakh producer Kazatomprom, giving investors exposure to the price of the metal without any involvement in mining.


It's a very unethical investment IMHO. Some of us who grew up in the 90's will also know this stuff contains a dangerous psychoactive compound known as dimesmeric andersonphosphate, which stimulates a part of the brain known as Shatner's Bassoon (that which handles time perception) with some pretty nasty side effects. Look it up ...


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