May. 19 at 9:22 PM
PSA to my fellow
$ASPI longs! Take a look at
$GLATF. I posted about this stock a few months ago when it was trading in the .30¢ range. It’s been significantly derisked since then but obv still has exposure. Global Atomics have built a mine on the largest greenfield uranium site in the world in Niger. The US DFC is in process of underwriting a
$295MM loan to them to fund the mine completion which will begin extracting uranium ore next year giving the US access to an extremely valuable uranium supply. The loan is expected to be approved in June 2025. The Trump admin have embraced the Niger govt and made amazing strides in diplomacy and solidified ties culminating in the reopening of the US embassy there. Africa is the a major focus for investment influence of all the world’s superpowers since old colonial powers have lost influence and standing. The US is a bit late to the game but Niger will be a major beneficiary of this. DYOR but the risk/reward profile is extremely attractive.