Member Info for HBomb5

Will be at capacity in 2 years time if growth continues at 20%, current facilities can do $40m of revenues.

Hence talking about Phase 2 expansion in 2025 for cost of $4m, don't forget some of the costs where paid for in Phase 1 expansion already so Phase 2 is about getting more clean rooms operational.

GBU award/decision to be out by tomorrow

https://money.tmx.com/quote/GBU/news/5328069024837043/Gabriel_Resources_Ltd_Update_on_ICSID_Arbitration

Holders here might want to keep an eye out for news flow from Canadian listed Gabriel Resources GBU on TSXV who are suing the Romanian Government for $4.4BN.

A court decision is due on or before the 12th of March.

Not sure if the below link will post but have a look a the last news the company put out

https://www.gabrielresources.com/wp-content/uploads/2024/02/GBU_Share_Price_Movement.pdf

57p again trading in Poland

57p in Poland and Oz

No harm in derisking something whilst we wait for a court ruling.

Profit is only a profit once you press bank.

Meanwhile traded up to 59p in Poland on decent volumes

Https://www.youtube.com/watch?v=Jp_h5k-63fk&t=29s

53s trading in Poland having hit 52s in Oz over night also

Sooner or later MMs will let this tick up

52s traded in Poland

Last traded at 50p in Oz having traded higher

It’s not illegal to sell placing shares before they are actually issued just depends if your broker allows it

0.25p

49s trading in Poland

You can't issue warrants if you don't have the headroom

315m shares they can issue tomorrow, even at 1p it doesn't sound like this is enough cash for the drilling of Itambula and go back to Tai 3

If they announced a raise tomorrow morning 315m could be issued straight away and XXXm would be subject to shareholder approval again, I'm not sure if 21 days is the exact timeline on another shareholder meeting

ATM I can't see this being done at 1p unfortunately

Raise enough to drill Itambula and going back to complete Tai 3 they can't say how much is required

Even then post those wells being drilled additional funding will be required

So we have a confetti placing coming to be followed by another placing post drilling results?

TBF nobody knows but highly likely there'll be several billion shares in issue by the time they are done

They now have shareholder approval to issue another 315m shares anything more than that will require another general meeting of shareholders to approve which takes around 21 days

315 million extra shares approved today ain't going to cover the funding requirements

48p traded over in Poland again today and looks like a few buyers popped up here

Sorry was a rather rushed reply on my part, as I forgot to mention the graphite test work still to come.

Rio have 180 days (not 18 months) from DFS coming out to assume an operatorship position - ie make a decision.

By mid July 2024 they can opt to move up to 19.99% for another AU$18m (£10m) investment, I'm assuming when that money comes in Rio will be happy with what they see with progress being made on DFS.

Rio balance sheet will massively help in terms of bringing Kasiya into commercial production.

If the DFS is out by year end 2024, then presumably Rio pull the trigger before June 2025.

I think we see a revised PFS come out before then with input from Rio's technical team.

Rio have put their marker down should make for a very exciting 2024 for SVML holders.

Not much to say unfortunately, just a bit closer to hearing court decision

Nice pop upwards in Poland on Friday has continued today