“We continue to make excellent progress at the Dasa project site as we complete site preparation for civil works to begin and installation of the acid plant as the first major component of the Dasa processing plant,” Stephen Roman, Global Atomic president and CEO, said in a release. “A committee with representatives from several key government ministries is being formed to expedite the resolution of any outstanding issues that may arise relating to mining, finance, transportation and labour within Niger.”
Global Atomic shares traded at C$1.47 apiece on Friday morning in Toronto, valuing the company at C$333.7 million. Despite the stock uptick, its shares remain in a slump, having lost 53% of their value almost six months after Niger military government ordered United States troops to leave the Sahel nation. The stock traded between C$1.13 and C$3.91 this year.
Progress at Dasa comes as the spot price for uranium oxide…
