Interview with Andre Liebenberg, CEO of uranium ETF Yellow Cake Plc (LSE:YCA).We meet him whilst the WNA symposium was on to try to understand what a uranium ETF is. And how it provides a different option for uranium investors and more recently generalist investors.

The physically store uranium in a facility in managed by Cameco. He explains their thinking about coming to market in 2016. Peter Baccus had the idea as the interest from some funds started to appear. It has remained a difficult space for them and everyone else.

We ask why they do not want to raise more money yet. We are also intrigued to understand when the think the market price discovery will occur and we manage to suck it out of him eventually... And why is NAV important for an ETF like this. And what happens if you don't know what has caused your stock to trade at a discount to NAV?

And Yellow Cake's model is not about telling investors what to do. Yellow Cake takes the approach of letting investors make their own decisions without trying to influence them. A very passive company.

Company page: https://www.yellowcakeplc.com/

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