Presented by Andre Liebenberg
Andre Liebenberg, CEO of Yellow Cake Plc presented to a full room at Durrants Hotel. There is undoubtedly a strong investment argument for being involved in uranium right now as long-term contracts start to be renegotiated and one of the worst performing commodities of the last 10 years appears to bottom out. Post the GFC the global number of uranium stocks has fallen from 450+ to 40 and the total market cap from $130bn to $10bn. Yellow Cake Plc is one of the purest plays on a recovery in the price of uranium.