Strategy3 Feb '23
Hi all. Just looking at Yellow Cake out of interest. Essentially at the moment the investment case is the spot price of Uranium and from that I deduce any past reported profits are simply the increase in value of inventory? Is there any strategy going forward to sell and what are the costs of storage before then? At present, being not too far from NAV it seems logical to wait for a dip but I think the long term should be viable (if I understand what the strategy is). Any info much appreciated, thanks.