NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Table of Contents

For the years ended December 31, 2007 and 2006

($Cdn thousands except per share amounts and as noted)

4. Inventories

  2007 2006
Uranium        
Concentrate
$ 291,071 $ 280,650
Broken ore
  8,313   12,946
    299,384   293,596
         
Fuel Services   93,788   98,485
         
Gold        
Finished
  10,986   5,513
Stockpile
  33,329   18,885
    44,315   24,398
Total $ 437,487 $ 416,479