To invest in Uranium you need to understand numbers. So when you get 13 positives to one negative, the odds are good for you. I ten bagged GLO years ago and you can now expect it to double several times again, and probably ten bag again. Look at history. In the last bull run Paladin went a penny to $10, and Bob Healy the builder from Orange, New South Wales invested 300k for a 417 million dollar return. Maybe he was delusional too but you could call him rich also
The geopolitical landscape isnt what it was 10 years ago. That is a wildly simplified look at GLO upside. There is next to no chance it is getting financed by Western unless there is a significant resolution to the current events. And if they have to go through the equity route then goodbye a large portion of the IRR. @@SteveBarker-v2m
I agree it is risky but all Niger cares about is who pays them the most and iam sure global atomic will pay up and can afford it. They are the largest high grade near term massive mine and don’t need permits
We need an update. Looking back on this it seems like Stephan is tired of the bank and doesn't take them seriously. It also seems the burn rate is around $7m per Q so Stephan needs to decide by Q3 if they will have the bank funding or need to JV. Otherwise the project will pause and all the utilities will back out with further delays.
Agreed, The political issues down there are no joke, and he doesnt want investors to jump ship - no guarantee on this one. Ill probably exit once the gap fills.
Go with Russian money and this stock crashes. Nobody deals with Russia and comes out on top. Roman better worry about hotel window leaps with Russia money. China would be better.
Go Stephen! Not a man to be underestimated. Thanks Matt 👍🏼
Stephen been put in one of the wprst situations possible. Tier 1 deposit. Great team. Caught in geopolitics. Best of luck all investors
A large opportunity, and large risk. No freebies.
I’m still positive for GLO. Dip makes for great buying in my opinion. Good to hear Stephen’s comments
$GLO will be a huge winner in this bull market
Delusional
To invest in Uranium you need to understand numbers. So when you get 13 positives to one negative, the odds are good for you. I ten bagged GLO years ago and you can now expect it to double several times again, and probably ten bag again. Look at history. In the last bull run Paladin went a penny to $10, and Bob Healy the builder from Orange, New South Wales invested 300k for a 417 million dollar return. Maybe he was delusional too but you could call him rich also
The geopolitical landscape isnt what it was 10 years ago. That is a wildly simplified look at GLO upside. There is next to no chance it is getting financed by Western unless there is a significant resolution to the current events. And if they have to go through the equity route then goodbye a large portion of the IRR. @@SteveBarker-v2m
I agree it is risky but all Niger cares about is who pays them the most and iam sure global atomic will pay up and can afford it. They are the largest high grade near term massive mine and don’t need permits
i own glo and am still staying with it great company
What a go-getter ✌🏼
We need an update. Looking back on this it seems like Stephan is tired of the bank and doesn't take them seriously. It also seems the burn rate is around $7m per Q so Stephan needs to decide by Q3 if they will have the bank funding or need to JV. Otherwise the project will pause and all the utilities will back out with further delays.
Oh man, they have to change the name of that country. Every time I write it on social media, I get blocked.
We live in very stupid times.
Wanna believe that everything is going to plan, but almost sounds too good to be true
Agreed, The political issues down there are no joke, and he doesnt want investors to jump ship - no guarantee on this one. Ill probably exit once the gap fills.
@@Diatom1k at least trim position
lol, Africa gone through a renaissance. Well if you think transition from democracies to dictatorships is a renaissance I guess so!
Go with Russian money and this stock crashes. Nobody deals with Russia and comes out on top. Roman better worry about hotel window leaps with Russia money. China would be better.
Correction: you were having a “fake” blonde moment. Natural blondes are highly intelligent. 🎉
True.
Banks delayed again. JV time
“The US is all about democracy” bah ha 🤦🏼♀️🤦🏼♀️🤦🏼♀️🤦🏼♀️🤦🏼♀️😂😂😂😂😂😂😂😂😂😂😂😂
A 1000 different mining companies in mining friendly countries. Stay away Africa unless of course you like loosing money.
stay away from the comment section if you don't have something fruitful to add.
Long ….
So salty. He can piss and moan about geopolitics all he wants, but banks/lenders care about that kind of stuff and won't loan until it settles down.