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Global Atomic ( (TSE:GLO) ) just unveiled an announcement.
Global Atomic Corporation has announced significant progress in its Dasa Uranium Project in Niger, following positive meetings with Niger’s Mines Minister at the African Mining Indaba Conference. The Minister expressed strong governmental support for the project and assured no plans for nationalization. Key advancements have been made in the project’s development, including underground progression, ventilation installation, and plant construction. Financing remains a challenge, particularly from the USA, but new potential funding sources have emerged, and off-take agreements secure significant sales to US utilities.
More about Global Atomic
Global Atomic Corporation is a company operating in the mining industry, with a focus on uranium projects. The company is primarily engaged in the development of the Dasa Uranium Project located in the Republic of Niger.
YTD Price Performance: -46.29%
Average Trading Volume: 371,294
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $102.3M
Find detailed analytics on GLO stock on TipRanks’ Stock Analysis page.
