Global Atomic homes in on Dasa financing

With steady progress being made on the ground,

company president and CEO Stephen Roman, CEO, Global Atomic Corp. Stephen Roman hopes to wrap up project financing shortly as his team vies to bring what is Africa’s largest highest-grade uranium project online in a little over two years from now.

Several pieces must fall into place in order for that to happen, but favourable uranium market conditions, a highly promising deposit, and a stellar team mean Roman is unphased. On the financing front, the CEO told Mining Journal he expected to have word on banking terms by the end of the year, which should give guidance on what additional equity capital might be needed.

Solving the funding equation – total capex is slated at US$208 million – would cap an impressive run for the industry veteran. In the last six months alone, Roman has already overseen, among other things, an initial offtake agreement, […]

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