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    Adam WijayaGoldman Sachs

    Adam Wijaya's questions to Cameco Corp (CCJ) leadership

    Adam Wijaya's questions to Cameco Corp (CCJ) leadership • Q3 2024

    Question

    Adam Wijaya asked how uncertainties at the Inkai mine affect Cameco's view on its Tier 2 assets and inorganic growth, and also inquired about the potential restart of the Springfield conversion facility.

    Answer

    President and CEO Timothy Gitzel stated the focus remains on optimizing Tier 1 assets like McArthur River before considering Tier 2 restarts or M&A. Executive VP and CFO Grant Isaac explained that a Springfield restart requires a solid industrial plan and a stronger contracting cycle with higher prices, which he noted is 'coming' but not yet present.

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