Yellow Cake

Yellow Cake is a uranium focused company offering direct exposure to the spot uranium price without exploration, development, mining or processing risk. This is achieved through its strategy of buying and holding physical uranium. Yellow Cake’s key strategic advantage is its long-term contract with Kazatomprom, the largest, and one of the lowest cost producers of uranium globally. Yellow Cake currently holds 21.7Mlb of uranium.

Management Profile

Andre Liebenberg, CEO

Andre Liebenberg is an experienced mining industry professional and has extensive investor marketing, finance, business development and leadership experience. Andre has spent over 25 years in private equity, investment banking, senior roles within BHP Billiton and most recently at QKR Corporation, where he was Chief Financial Officer. Andre's previous roles within BHP Billiton included Acting President for BHP Billiton's Energy Coal division, Chief Financial Officer for the Energy Coal division, the Head of Group Investor Relations and Chief Financial Officer for the Diamonds and Specialty Products division.

Carole Whittall, CFO

Carole Whittall has over 25 years’ international experience in the natural resources sector, with senior leadership roles across finance, capital allocation and mergers and acquisitions. She is the co-founder of Mining Strategies Limited, providing transaction advisory services to the metals and mining industry, and is a Non-Executive Director of Atalaya Mining. Previously, she was Vice President and Head of M&A at ArcelorMittal Mining, where she led global acquisitions, divestments, joint ventures and restructurings, and served on the boards of a number of subsidiaries and joint ventures. Earlier in her career, she held senior commercial and business development roles at Rio Tinto across multiple commodities and geographies.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Maintain a strong share price and identify opportunities to acquire a fixed quantity of material at a predetermined price.

6 Months:

Execute selective additional uranium purchases, either in the spot market or under our long-term contract with Kazatomprom.

12 Months:

Sustain a share price at or above NAV and broaden the shareholder base by engaging new investors seeking exposure to the uranium sector.

What do you think makes your company such a compelling investment?

Yellow Cake offers investors direct exposure to the spot uranium price without exploration, development, mining or processing risk. This is achieved through its strategy of buying and holding physical uranium. The option with Kazatomprom allows the Company to purchase significant material at the spot price.