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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.


TSX:GLO - Post by User

Global Atomic Corp
Bullboard Posts
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Post by murray1961on Jul 16, 2020 2:29pm
147 Views
Post# 31277296

Zinc

ZincZinc prices back up to a dollar from Mar. lows of close to .80. If zinc can stay above a buck payback on BST should be closer to one year than the two year estimate @.85 zinc.  10 mil/yr free cash flow when complete. Should be minimal dilution compared to other developers.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities