Denison Mines Corp T.DML

Cameco screwing with spot market

[MightyMorf]

Live U3O8	Bid Loc	Bid $/lbs	Indic $/lbs	Change $/lbs	Ask $/lbs	Ask Loc
Apr-24	IND	89.00	90.00	0.55	90.75	CMO
May-24	IND	89.00	90.09	0.59	90.75	CMO
Jun-24	IND	89.50	90.47	0.49	91.00	CMO
Jul-24	IND	90.00	91.02	0.49	92.00	CMO
Aug-24			91.56	0.49
Sep-24			92.12	0.50
Oct-24			92.68	0.50
Nov-24			93.22	0.50	94.00	CMO
Dec-24			93.81	0.50	94.00	CMO
Jan-25			94.41	0.51
Feb-25			94.96	0.51
Mar-25			95.56	0.52
Apr-25			96.15	0.51
May-25			96.77	0.52
Jun-25			97.39	0.52
Jul-25			98.01	0.53
Aug-25			98.56	0.52

Curve delivery at CVD. CVD = CMX 0 c/Lb, CMO = CM

[MightyMorf]

Cameco is short uranium on their long term contracts.   Trying to suppress the spot market to buy cheaper.    What a bunch of bunglers.   Whatch as they get bit in the @$$.   Writing contracts for uranium they don't have out of the ground.   I remember in 2007-8  when some were buying on spot over $100 to fulfill a $60:contract.   And so it shall happen