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Global Atomic Corp T.GLO

Alternate Symbol(s):  GLATF

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa project. The Dasa project is a high-grade uranium deposit that lies within the Adrar Emoles III licence area, approximately 105 kilometers (km) south of the established uranium mining town of Arlit, in the Republic of Niger. The Company Base Metals Division holds a 49% interest in the Befesa Silvermet Turkey, S.L. (BST) Joint Venture, which operates a zinc production plant, located in Iskenderun, Turkey. The plant recovers zinc from Electric Arc Furnace Dust (EAFD) to produce a high-grade zinc oxide concentrate which is sold to zinc smelters around the world.


TSX:GLO - Post by User

Bullboard Posts
Post by murray1961on Apr 18, 2020 2:39pm
208 Views
Post# 30925622

Global Atomic

Global AtomicThis is going to be a real beast in the future 4.4 Mlbs per year at an all in sustaining cost of $18.39 per pound! Phase 1 has a twelve year mine life mining 48 million pounds. Will be one of lowest cost producers out there if not the lowest. Turkey zinc operation has a great cash flow which will really help in share dilution. Kind of under the radar for some reason but that won't last for long. Production late 2022 or early 2023. 
Bullboard Posts