Agree. It's in Cameco's interest to keep a lid on the u price for now given its significant market position and contractual obligations. It's also in its interests to talk up bringing on new or previously shuttered supply. They are merely trying to protect their market share. The last thing they want is new competition from pesky start-ups, filling supply gaps in the market. So it's trying to deter them and make life harder for them. Only time will tell whether the company is actually able to increase supply as quickly as it says it can.
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Agree. It's in Cameco's interest to keep a lid on the u price...
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