Heutige Pressemitteilung der von mir gehaltenen Yellow Cake:
- Shares of Yellow Cake Plc YCA.L rise as much as 3.2% to 429.4p, their highest since June 16
- The London-listed uranium fund says uranium spot price increased to $56/lb as of June 30 from $50.65/lb on March 31
- CEO Andre Liebenberg says co remains confident in medium-term outlook for price of uranium, adding supply-demand balance remains tight
- Liebenberg says demand continues to increase, driven by considerable growth in both India and China
- But YCA says transactional volumes in the uranium spot market remain relatively low compared to years prior to 2022, mainly due to a significant reduction in financial entity buying in 2023