RE: RE: RE: Cameco need money Here are some rough number (all just my opinion) - If you look at what it costs to maintain 300 plus people food, lodging and wages per day when they only need 75 you will see that this is a complete joke. Cameco spends on wages alone let say 1000 per day per worker
300 x $1000 = $300,000 per day
30 days x $300,000 = $9 million a month wages x 12 months = $108 million a year wages and I bet I am very low on this.
Plus fuel shipping fees, and Uranium is worth less than $50 per pound.
Cameco needs to put Cigar on Care and Maintenance until Uranium priices rebound, as this is what is killing the Company. This is all just my opinion.