RE:Cameco's plan to "buy" U308. Quote and comment highlightedCameco can only play that game as long as they have contracts to fill. As their contracts roll over, they
will lose market share to lower cost producers like Kazatiomprom, who can and are essentially the market
makers. They can boost the price by $15-20/lb and that is only at CCO's break even price. Bottom line is
that CCO is stuck with very high cost production, other than their ISL production in Kazahkstan.