TSX-listed Global Atomic’s tier-one Dasa uranium project in Niger has been pushing ahead at a rate of knots in the past couple of years, while the company’s share price has blasted some 1,100% to heights of more than $3/share – but the junior is showing no signs of slowing down.
And with as many – if not more – major milestones on the horizon as there are in its wake, investors hoping for a price pullback so they can jump onboard may be left waiting and wanting.
Boasting the largest and highest-grade uranium deposit in Africa, Global Atomic breezed the project through the permitting process in just three months – it had all necessary government approvals by January. Phase one is set to see Dasa producing 44 million pounds of U3O8over 12 years.
"That’s something really unheard of in places like Canada and Australia – where it can take 10, or 15, […]
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