The signing of a second LOI with a large western utility for a significant portion of Dasa’s forecast future Phase 1 production represents another major vote of confidence in both Dasa’s commercial credentials and Global Atomic’s development capabilities as it moves closer to the main construction phase. Moreover, we believe it will further support Global Atomic’s efforts to secure debt funding for Dasa as the group seeks to minimise potential equity dilution to shareholders through the project ....

06 Oct 2022
Dasa credentials build with further off-take LOI

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Dasa credentials build with further off-take LOI
Global Atomic Corporation (GLO:TSE) | 0 0 0.0%
- Published:
06 Oct 2022 -
Author:
Nick Chalmers -
Pages:
2 -
The signing of a second LOI with a large western utility for a significant portion of Dasa’s forecast future Phase 1 production represents another major vote of confidence in both Dasa’s commercial credentials and Global Atomic’s development capabilities as it moves closer to the main construction phase. Moreover, we believe it will further support Global Atomic’s efforts to secure debt funding for Dasa as the group seeks to minimise potential equity dilution to shareholders through the project ....