Global Atomic (TSX:GLO) - Ramping Up Operations in Uranium Bull Market
ฝัง
- เผยแพร่เมื่อ 9 ก.พ. 2024
- *Interview with Stephan G. Roman, President & CEO of Global Atomic Corp.
Our previous interview: www.cruxinvestor.com/posts/gl...
Recording date: 7th February 2024
Investment Opportunity in Global Atomic and Uranium Bull Market
Global Atomic stands out as the most promising publicly-traded uranium mining company bringing large-scale new production online. With its Dasa project in Niger, the company offers a targeted way to capitalize on rising uranium prices amid supply shortfalls.
Dasa Advances Rapidly Despite Industry Challenges
The uranium industry suffers from years of underinvestment, with existing mines cutting back and scarce talent. However, Global Atomic has a veteran team advancing Dasa efficiently. Underground development and exploration drilling are progressing well, with over 275 employees currently on site. Plant construction contracts are now being awarded.
Leverage to Strengthening Uranium Market
With demand strengthening and supply tightening, the uranium market is entering a structural deficit just as Dasa nears production. Global Atomic has aligned contract prices and production plans to maximize exposure to rising uranium prices expected over the next several years.
Large-Scale Project; Top-Tier Economics
According to CEO Steven Roman, Dasa will have nameplate capacity exceeding 4 million pounds per year. With shallow high-grade mineralization, the project promises low operating costs and elevated margins. The forthcoming feasibility study update should further improve Dasa's already robust economics.
Funding Plan Supports Shareholder Value
Global Atomic has minimized equity dilution by lining up banks to finance 60% of Dasa’s capital costs. With long-term sales contracts providing cash flow visibility, debt financing reduces funding risk. The company expects to source its remaining capital needs through a combination of cash flows and prepayment contracts rather than excessive equity raises.
Key Takeaway for Investors
With new uranium mines scarce yet demand rising, Global Atomic presents a unique opportunity. Dasa's scale, grade and stage offers unmatched leverage among uranium developers as the supply/demand imbalance drives prices higher.
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View Global Atomic's company profile: www.cruxinvestor.com/companie...
Sign up for Crux Investor: cruxinvestor.com
Once Dasa gets built and production going, this company will see a share price multiples higher from current levels.
Great interview Matt always great to get an update from Stephen on how things are professing at GLO
Great job, will buy more GLO this week
Great Job as always Matt- Thank u
Thanks for this valuable insightful discussion.
Thanks Crux
Great interview,what few smr companies are going to be supplying these did he mean.
great interview
Looking good for the near future. But Encore Energy has started producing Yellow Cake and so would be the "1st Cab off the rank."
Encore’s is greenfield?
I really enjoy watching your videos. I understand the people you're talking to very well, but I have a lot of trouble with your pronunciation in my school English. It sometimes sounds like you have a blanket in your mouth.
Uranium mining is international, so probably not for you as you struggle with language and accents. Life would be easier for you to invest only in your country.
Turn on subtitles then, they can understand Matt just fine.
Sorry about that. Where are you from?
@@CRUXInvestor Germany. Sorry, my criticism was not meant in a bad way.
@@ulrichburberg7899 Ist einfach ein Britischer Akzent.
Ja, kann für Deutsche/Europäer vielleicht etwas schwieriger zu verstehen sein als der "Amerikanische" Akzent.
I loaded up on GA when the pheasants were revolting, on the basis that coups are the best form of democracy in Western Africa. And as usual, the US sends a woman over to this conservative Muslim country to make a gender statement. Well done, Wokites - Disney's Captain Marvel will be next.
I'm still waiting for someone to use the damned piano.
The wokists never disappoint.
Love 'the pheasants were revolting' instead of peasants. Such a good deliberate malapropism. I'm going to start using that. Time to let them eat yellow cake to quote Marie Antoinette??
I’d already 10 bagged and free holded global atomic. When it “hit the fan” I bought more at $2 to watch it fall to $1.37, then BOOM BABY 👍👌This Uranium game is so easy and the rewards are life changing if you do it right.