This just got VERY complicated............So further down the rabbit hole we go...!!
As i've been warning FOR years for folks & investors NOT to get involved with projects & investments in this super crappy place called AFriKa or Wankanda as the US Gov't, the EU, the UN, the WEF, Hollywood & many super woke others would like to portray......THIS is hte reason WHY.....among many many other valid reasons.
So what happens here now? As this isn't the FIRST coup, probably won't be the last one either (and i'll bet the whole family farm on that too lol!) and there have been several "coups" in just the last very few years. The United front of African nations, who work as both proxies to Western nations "intrests" & keep the peace by usually dealing with crazy stuff, led by Nigeria, JUST confirmed there will be NO military action against Niger. So where does all this go now? Who wins who loses?
Well, if we were in 80's or 90's or even a pre 2010 era, nations like France, who is the biggest colonial power there with vast interest all over that area, would have IMMEDIATELY" shot down & quelled this coup with swift & decisive military actions of their own. But unfortunately for FRance, this isn't the 80's 90's or 2010 any longer and the world had drastically changed for the worst in terms of social constructs, behavior and what is acceptable and what is not. And unfortunatelt for France, with all their own wreckless immigration policies over the decades has made their "deliecate" situation there even worse. So i doubt VERY much that FRance storms in full pedal to metal, gunz blazing and attempts to crush the coup. So what can por France do? Probably nothing that will benefit it.......
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So for all intents & purposes, with the refusal of Nigeria & it's allies to intervene militarily on behaf of France, The US & the rest of the EU, this is most probably headed to somekind of diplomatic solution that will most likely NOT benefit FRance at all. So for all intents & purposes, France will be the biggest loser here by far, along with their very precious state owned Uranium company Orano. The implications of this new paradigm will also be very damaging to others such as the viability of companies like Global Atomic. So GLO here surely doesn't not come ontop or anywhere close. Just how bad the consequences will be, will depend on the "deal" the France can hammer out with the NEW Gov't in Niger.
Worst case scenario? France says f it and goes in gunz alblazing and shuts the whole coup down themselves. Then it's all out war in the region and GLO & everyone else with ops there are totally screwed for good. As i fully expect all mining operations, including Uranium, to be siezed, expropriated and eventually nationalized by the Gov't. With all western inteterets & Ceo's to be promotly removed & kicked out.....
THIS is why you DO NOT invest in these third world 5 holes......or any publicly traded company that has ANY interests there..... in "Wakanda". Stick with what works and is known to be safe & stable,, and you should do more than OK without all these unwanted risks. In uranium's case, this is the US, Canada's Athabasca region and Australia.........everything else just purely sucks moose ballz and should be totall avoided. For GLO sakes, and their s/h, i hope this works our for you in the end, BUT things are definitely NOT looking good any which you attempt to see it......
GLTA