*Interview with Stephan G. Roman, President & CEO of Global Atomic Corp.
Our previous interview: https://www.cruxinvestor.com/posts/global-atomic-tsxglo-2025-production-with-compelling-economics-4747
Recording date: 7th February 2024
Global Atomic stands out as the most promising publicly-traded uranium mining company bringing large-scale new production online. With its Dasa project in Niger, the company offers a targeted way to capitalize on rising uranium prices amid supply shortfalls.
The uranium industry suffers from years of underinvestment, with existing mines cutting back and scarce talent. However, Global Atomic has a veteran team advancing Dasa efficiently. Underground development and exploration drilling are progressing well, with over 275 employees currently on site. Plant construction contracts are now being awarded.
With demand strengthening and supply tightening, the uranium market is entering a structural deficit just as Dasa nears production. Global Atomic has aligned contract prices and production plans to maximize exposure to rising uranium prices expected over the next several years.
According to CEO Steven Roman, Dasa will have nameplate capacity exceeding 4 million pounds per year. With shallow high-grade mineralization, the project promises low operating costs and elevated margins. The forthcoming feasibility study update should further improve Dasa's already robust economics.
Global Atomic has minimized equity dilution by lining up banks to finance 60% of Dasa’s capital costs. With long-term sales contracts providing cash flow visibility, debt financing reduces funding risk. The company expects to source its remaining capital needs through a combination of cash flows and prepayment contracts rather than excessive equity raises.
With new uranium mines scarce yet demand rising, Global Atomic presents a unique opportunity. Dasa's scale, grade and stage offers unmatched leverage among uranium developers as the supply/demand imbalance drives prices higher.
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View Global Atomic's company profile: https://www.cruxinvestor.com/companies/global-atomic-corp
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What is Company Interviews?
An insight into junior mining and opportunities to invest.
Company Interviews, a Crux Investor show, exists to cut through the jargon, bias and bluster.
Matthew Gordon, and guest host Merlin Marr-Johnson hone in on the important factors that indicate a company's strong footing for growth and success.