RE:don't be fooled with printhiram_key wrote: cameco...is keen on relief to the tune of 1 billion with revenue Canada...why not call hardship and make it all a bad dream.
That billion or so that they are on the hook for would already be accounted for by the accountants as well as their stock price. This shutdown is logical step with the cheaper and more productive mine like Cigar Lake coming onto stream. I have not done the numbers but it would not surprise me that production from 2016 Cl+McA > 2015 CL+McA+RL+US