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$GLO Stephen Roman's most recent interview with @CruxInvestor. 🧵1/5
Key points:
🔵 The company has $60 million in the bank and is progressing with the project. Mine is being build.
🔵 Bank financing is still in process, with terms expected to be announced by the end of Q2.
Key points:
🔵 The company has $60 million in the bank and is progressing with the project. Mine is being build.
🔵 Bank financing is still in process, with terms expected to be announced by the end of Q2.
2/5 #Uranium - $GLO
🔵 The bank debt should cover 60% of the company's requirements.
🔵 The company has already spent $30-40 million on the project.
🔵 Carry Trade groups are willing to make prepayments, and negotiations are ongoing.
🔵 The bank debt should cover 60% of the company's requirements.
🔵 The company has already spent $30-40 million on the project.
🔵 Carry Trade groups are willing to make prepayments, and negotiations are ongoing.
3/5 #Uranium - $GLO
🔵 The banks require an additional 700K - 1M Lbs of sales before drawing down on debt.
🔵 All utilities that attended the WNC have included us in their RFP lists.
🔵 Alternative plans, such as bridge loans, are being explored to avoid issuing more shares.
🔵 The banks require an additional 700K - 1M Lbs of sales before drawing down on debt.
🔵 All utilities that attended the WNC have included us in their RFP lists.
🔵 Alternative plans, such as bridge loans, are being explored to avoid issuing more shares.
4/5 #Uranium $GLO
🔵 The company has enough $$ to last through the year while awaiting further milestones.
🔵 An updated MRE is expected to have a positive impact.
🔵 BEFESA is interested in buying the Zinc company out, providing another way to raise money without dilution.
🔵 The company has enough $$ to last through the year while awaiting further milestones.
🔵 An updated MRE is expected to have a positive impact.
🔵 BEFESA is interested in buying the Zinc company out, providing another way to raise money without dilution.
5/5 #Uranium $GLO
🔵 The company has various strategies at its disposal and does not always need to rely on the equity market.
🔵 “People need to consider we do have arrows in our quiver and we don't need to always come to the equity Market.” (S. Roman)
🔵 The company has various strategies at its disposal and does not always need to rely on the equity market.
🔵 “People need to consider we do have arrows in our quiver and we don't need to always come to the equity Market.” (S. Roman)
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