Global Atomic’s Dasa Project Expansion Promises Growth
Company Announcements

Global Atomic’s Dasa Project Expansion Promises Growth

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

Global Atomic Corporation has substantially enhanced the prospects of its Dasa Project, with the updated 2024 Feasibility Study revealing a 50% rise in mineral reserves to 73 million pounds of U3O8 and a 55% increase in uranium production, extending the mine’s life to 23 years. Alongside these developments, the company has secured an off-take agreement, positioning it for a quicker payback period of 2.5 years and optimistic financial projections due to conservative estimates and additional inferred resources.

For further insights into TSE:GLO stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGlobal Atomic Reports Progress in Dasa Uranium Project
TipRanks Canadian Auto-Generated NewsdeskGlobal Atomic Secures Funding for Dasa Project
TheFlyGlobal Atomic upgraded to Market Perform from Reduce at Cormark
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App