This market estimates Cameco's 2026 free cash flow.

The market settles on March 31, 2027 (3 months after year-end to allow for quarterly reporting). At settlement, an LLM will be asked to estimate Cameco's free cash flow for 2026 using the trailing 15-month window excluding the last 3 months.

Measurement window: January 1, 2026 through December 31, 2026

Resolution:

• YES if: 2026 free cash flow ≥400M CAD

• NO if: 2026 free cash flow <400M CAD

Data source: LLM estimates the value from Cameco's public filings (quarterly earnings releases, MD&A, annual reports, financial statements). Sum quarterly free cash flow (operating cash flow minus capital expenditures) over the measurement period.