Global Atomic Corp T.GLO

Alternate Symbol(s): GLATF

Metals & Mining Industrial Metals & Minerals

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.

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Global Atomic Corp

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Post by murray1961on Jun 09, 2020 2:06pm

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Post# 31129679

Back to +.70

I can't believe how cheap Global Atomic is trading! Great resource which will be mined this cycle at one of lowest AISC out there. Revenues from BST zinc operation will greatly reduce dilution when constuction begins... not the case with all the other developers out there. Back to .70 plus as soon as this correction passes.
current NAV of $349,000,000 with just over 145,000,000 shares out = $2.41 per share @ $35/Lb uranium and .60 share price

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