Many investors didn’t believe it would happen. Well,here it is, intention for 1st #uranium contract with a well advanced developer Global Atomic $GLO (after FCU),after $PDN, $UUUU, $CCJ,Orano&KAP signed add contracts.
Banks were waiting signed contracts to give loan to GLO
(1/3)
Banks were waiting signed contracts to give loan to GLO
(1/3)
https://twitter.com/atomiccorp/status/1537179078150610945
Funny here is that due to the disbelief (GLO being able to secure contracts with utilities) of many investors, $GLO share price (2.78 CAD/sh -> EV USD/lb of only 1.28 USD/lb 🤣) is still ridiculously cheap compared to less advanced developers
(2/3) #uranium
(2/3) #uranium
Compared to February 2007(when #uranium price was ~90$/lb),PDN share price valued each #U3O8 of PDN at 23.04 USD/lb, $GLO share price today only 1.28 USD/lb🤣
&GLO is about to increase their resources due to successful drills.
GLO is my Paladin of this cycle
(3/3) #commodities
&GLO is about to increase their resources due to successful drills.
GLO is my Paladin of this cycle
(3/3) #commodities
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