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Yellow Cake ups uranium holdings again

AIM-listed Yellow Cake has acquired an additional US$10 million-worth of physical uranium from an undisclosed buyer, increasing its total holdings to 13.3 million pounds as hype builds around the outlook for the nuclear fuel.

Oonagh Reidy
Yellow Cake has acquired another $10 million of uranium

Yellow Cake has acquired another $10 million of uranium

The uranium holder purchased 343,053lbs of triuranium octoxide from an undisclosed buyer priced at $29.15/lb, it confirmed on Tuesday. It will take delivery of the material at Cameco's Blind River facility...

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