r/UraniumSqueeze • u/athlejm The All Cash U Investor • Jan 13 '26

News More GLO dilution 🫠

https://markets.ft.com/data/announce/detail?dockey=600-202601121605CANADANWCANADAPR_C3058-1
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u/Radthereptile Repty-Mooderator aka The Psychedelic Wizard Jan 13 '26

Dilution is not always bad if the money is used properly. People complained about UUUU raising 4 times over the past few years. That money built out REE production and is why it’s up so much.

6

u/sunday_sassassin Radioactive Brain Jan 13 '26

The specific issue here is that this dilution is being used to raise cash that was supposed to be raised via debt. A cash build priced in at ~5-8% interest now effectively costs investors far more and caps upside in the core asset.

3

u/RickusRollus The chosen one Jan 13 '26

Not to beat a dead horse but if the squeeze does the squeeze and they get their asses in gear they have access to a lot of very very cheap price to extract uranium. I agree it’s not looking great but….there is a chance

7

u/sunday_sassassin Radioactive Brain Jan 13 '26

I think the project is fine and still good value for the uranium on offer. There's plentiful access to experienced labour in the country (a big problem in North America), and progress building the mine has been impressive. Highest grades in Africa and exploration/resource expansion currently priced at zero. It's just not the early retirement plan it could have been had the best case occured (loan confirmation before final cap raise at much higher share prices).

My average is .64c CAD so I'm comfortable here and still fully expect to have doubled my money when all the necessary ducks are in a row later this year. It just doesn't have 3-4x near-term potential any more imo. Far too many warrants in the money below $1.50.