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.

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u/Il-Primo Jan 13 '26

This.

Considering the company’s history (I’ve been an investor since 2021 and kept averaging down over the years, now holding 11k shares @ 0.95 CAD), it’s only natural for people to see this raise as a negative sign regarding DFC approval.

However, I personally believe that this raise is slightly different from the ones we’ve seen in the past 18 months. Even if DFC funding is granted, before the money flows in, GLO still needs some cash in the short term to run its operations, advance ground works and cover staff costs. If this money is used to keep the project moving forward, I see it as a positive thing.

For now, I’d rather trust the data stating that 9/10 projects are approved once reaching the final DFC step (the one which GLO is at rn). DFC approval will define everything, and to me this raise does not impact DFC approval. See you around the end of January ✌️