Tag: PEN.AX

The post Yellow Cake Debut described the capital raising effort of one of the newest players in the uranium supply chain.  Yellow Cake leadership brought the aspiring intermediary to the capital market at a critical time for uranium producers.  The uranium market has been in an extended trough period since the industry peak in 2007.  At that time considerable development had been undertaken and capacity was beginning to generate sufficient supply to create stockpiled inventories.  As this bloated condition persisted, in 2011 the nuclear power and its uranium supply chain were shocked by a Pacific Ocean tsunami that led to a nuclear spill at...