Source - SMW
Uranium investor Yellow Cake said it had bought 350,000 pounds of uranium oxide from Kazakhstan's NAC Kazatomprom for around $8.2m.

The yellow cake was purchased for $23.30 per pound.

Following completion of the transaction, the company said it would own own 8.4m pounds of uranium.

Including the purchase, Yellow Cake's estimated net asset value at 31st July was 227.99p per share or $228.0m.




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