Brief: Global Atomic Says Turkish EAFD Plant Is Expected To Be Back In Production Prior To End Of Q3 2019

Global Atomic

31/05/2019 02:26

May 30 (Reuters) - Global Atomic Corp  GLO.TO :
    * GLOBAL ATOMIC ANNOUNCES Q1 2019 RESULTS
    * TURKISH EAFD PLANT IS EXPECTED TO BE BACK IN PRODUCTION
PRIOR TO
END OF Q3 2019
    * GLOBAL ATOMIC- NEW PLANT EXPECTED TO GENERATE FREE CASH
FLOW ON
RE-START AND DIVIDEND PAYMENTS ARE EXPECTED TO RESUME IN 2021
    * GLOBAL ATOMIC- DISCUSSIONS WITH FRENCH GOVERNMENT URANIUM
PRODUCER ORANO MINING REGARDING MOU EXECUTED IN JULY 2017 ARE
PROGRESSING WELL
    * WILL APPLY FOR DASA MINING PERMIT IN MID-2020 WITH PERMITS
EXPECTED TO BE ISSUED Q4 2020
    * IS IN SECOND RENEWAL PERIOD FOR ITS EXPLORATION PERMITS

Source text for Eikon:  ID:nGNX2BHLWg 
Further company coverage:  GLO.TO 

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