Global Atomic Corp.: Poised To Ride The Wave Of Uranium Price Appreciation

Close-up photo of a piece of ‘yellow cake’ Global Atomic ( OTCQX:GLATF ) is a small cap, publicly traded company that has two business segments: (i) discovery and harvesting of uranium resources for carbon-free, baseload power in support of the world’s trend toward electrification, and (ii) recovery of zinc from electric arc furnace dust from selected Turkish steel mill. In light of recent international events, governments are more than ever prioritizing energy security, and nuclear energy can meet this need by providing significant amounts of non-intermittent, baseload power with minimal carbon emissions. Global Atomic is executing a plan to mine uranium and produce yellowcake (U 3 O 8 ) in large quantities by 2025, and investors hope to be enriched by the swelling price of uranium. Global Atomic appears to be fairly valued based on a discounted free cash flow model, and it has strong government backing from Niger. […]

Click here to view original web page at seekingalpha.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.