Investor Presentaiton
Proforma net asset value as at 16 January 2024
92
U
כ
YELLOW CAKE PLC
Investment in Uranium
Units
Uranium oxide in concentrates ("U3O8") (1)
(A)
lbs.
21,682,318
U308 fair value per pound (2)
(B)
US$/lb.
106.00
U3O8 fair value
(A) x (B) = (C)
US$ mm
2,298.3
Cash and other net current assets/(liabilities) (3)
(D)
US$ mm
33.3
Net asset value in US$ mm
(C) + (D) = (E)
US$ mm
2,331.6
Exchange rate (4)
(F)
USD/GBP
1.2665
Net asset value in £ mm
(E) / (F) = (G)
£ mm
1,841.0
Number of shares in issue less shares held in treasury (5)
(H)
216,856,447
Net asset value per share
(G) / (H)
£/share
8.49
Source:
1) Comprises 20.16Mlbs. U3Og held as at 16 January 2024, plus 1.53Mlbs. U3Og which the Company has committed to purchase in H1 2024
2) UXC, LLC on 16 January 2024
3) Cash and other current assets and liabilities of US$12.7m as at 30 September 2023, plus net placing proceeds of US$120.6m received 2 October 2023, less cash
consideration of US$100.0m to be paid to Kazatomprom following delivery of 1.53Mlbs. U3Og in H1 2024.
4) The Bank of England's daily exchange rate on 16 January 2024
5) Estimated proforma net asset value per share on 16 January 2024 is calculated assuming 221,440,730 ordinary shares in issue, less 4,584,283 shares held in treasury on
that date
5View entire presentation