Список проголосовавших за комментарий " <table class="BriefingDataTable" border="0" cellspacing="0" cellpadding="0"><tr> <td class="tickerColumn"> </td> <td class="articleColumn">Cameco mgmt cautiously optimistic — Call notes (11.14 +0.30)<ul><li>Mgmt is cautiously optimistic. Still long way to go… improved term contracts will signal a positive environment.</li><li>Cameco is managing for difficult environment in the meantime (announced restructuring in January).</li><li>Sees continued growth in reactor construction (currently at 58), which will lead to uranium consumption, but prices remain far from favorable. No one thought the market would get this bad, even after Fukushima.</li><li>Supply/demand balance similar to last year but going in the right direction: Demand ~170 mln lbs/year, supply ~160 mln lbs; plus there is secondary supply of ~20 mln… Cautiously optimistic going forward due to reactor construction and more disciplined production.</li><li>Optimistic Japanese reactors will come back on line this year but mgmt has been disappointed on this front for 5-6 tears in a row.</li><li>China has become a big deal — really good customers.</li><li>Will talk with S&P next week about ratings watch negative outlook (Jan 19) next week.</li><li>Was surprised and disappointed with Tepco -- believes that co is violating its agreement. The contract price is relatively high, which may be playing a role in Tepco trying to get out of it.</li><li>Cameco reduced FY17 sales guidance from last month, which now excludes the TEPCO contract. Sees FY17 production down 7%. Sees realized price $49 for FY17 with avg. unit cost of $36-38/lb — this assumes current spot and term market prices.</li></ul><p>Uranium stocks (URA +1.4%): <strong>URRE</strong> +3.5%, <strong>URG</strong> +3%, <strong>CCJ</strong> +2.7%, <strong>UEC</strong> +0.9% <strong>UUUU</strong> +0%</p></td> </tr></table>"