Скачать или смотреть GoviEx Uranium welcomes due diligence on project finance for Madaouela project in Niger - PDAC 2024

GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major discusses the latest advancements and future plans for the company's projects with Proactive's Angela Harmantas at PDAC 2024.

With the recent announcement of initiating due diligence on a significant $200 million debt for the Madaouela project in Niger, Major said GoviEx is taking a substantial step towards advancing this project. Coupled with the ongoing progress on the Muntanga project in Zambia, aiming for a Q3 feasibility study completion, GoviEx showcases a robust strategy for addressing the burgeoning demand in the uranium sector. The simplicity and low-cost advantages of the Muntanga project, due to low power and acid consumption and its open-pit heat bleach methodology, set a promising trajectory for GoviEx's operational efficiency and development pace.

Amidst an extensive roadshow, Major shed light on the optimistic outlook for uranium, underscored by the market's resilience and anticipated growth. Investors and utilities alike are keenly watching GoviEx, evidenced by their queries on offtake timings, highlighting the critical need for new projects like GoviEx’s to bridge the supply-demand gap.

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