Global Atomic Expands Uranium Project and Secures Sales

Global Atomic Corporation (TSE:GLO) has released an update.

Global Atomic Corporation has reported a significant expansion of its Dasa Uranium Project, with a 50% increase in mineral reserves and a total production boost of 55%. The company’s recent feasibility study indicates a robust financial outlook, including a net present value of $917 million and a rapid payback period. Additionally, new off-take agreements have been secured, ensuring a steady sales volume for the initial years of operation.

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