U price up to 33 month high, page-108

average sale price of $49/lb with Sustaining Cash Cost (2018$) average US$31.77/lb in Oct Qtrly report

With the spot price being $27.90 US$/lb October 29, 2018 or $28.00 US$/lb October 26, 2018 Link
PEN link Cameco and others can buy all the dump anyone puts up on the supply side and sell at a profit. Assuming this meets the BUY US policy I posted above for PEN)

With both Cameco and Kaz having a policy of "reduced supply, resisted selling into a weak spot market, restructured our global marketing organization, streamlined our operations and reduced costs." and the Public float of KAZATOMPROM.

All three issues or news has already seen 30% increase in the almost irrelevant spot price. Long term or short term the tide may have turned.