Corporate Strategy

Yellowcake’s strategy is based upon the identification, evaluation and ultimately exploitation of opportunities solely in the uranium market. The prime objective is to select interests having the potential to show a good capital return to the Company’s shareholders. When the Company decides to take a significant stake in any uranium project – whether it be in exploration, development or production – the initial stage of the evaluation process is undertaken by the Chief Executive. Subsequently, where appropriate, external advisers are engaged to provide the Company with independent analysis.

Company funds have already been invested in a significant number of quoted global uranium projects. The substantial gains made on these investments are available for the Company to fund acquisitions of direct stakes in projects.

Yellowcake does not maintain an expensive corporate administration and expenses are kept to a minimum. Due diligence is carried out by the Board members, assisted by external advisers as appropriate.