Nuclear returns!
With world nuclear generation capacity set to increase significantly by 2050, this unusual AIM company could be one to buy in the current volatile market.
News at the end of March of the proposed merger between Australian listed uranium miners Vimy Resources (ASX:VMY) and Deep Yellow (ASX:DYL) highlighted the resurgent interest in a market which, for a long time after the 2011 Fukushima nuclear disaster, was a no-go area for many investors. Those seeking exposure to the now booming uranium sector have relatively few choices, although one unusual AIM company covered here, is definitely worth considering. The brainchild of Bacchus Capital Advisers, AIM quoted Yellow Cake (AIM:YCA) is a specialist company operating in the uranium sector, holding physical uranium (triuranium octoxide "U3O8") for the long…