Member Info for Mullins58

Video PODS

https://www.youtube.com/watch?v=6pdXe2wpEeM

Video Master Grower

https://www.youtube.com/watch?v=0PF9vAkvGNc

Dan , thanks for your posts , much appreciated. Hopefully the company can make some decent progress over 2024. ATB

Nicole Galloway Warland, Managing Director of Thor Energy, commented:

"Based on the promising consistency along strike of shallow high-grade uranium results from the drilling program, Thor has commenced preparation and permits for Mineral Resource drilling at Rimrock and Groundhog mine areas, this will include infill and extension RC as well as diamond drilling.

"We are pleased to see the uranium spot price breaking USD$100/lb, marking a 16-year high for the commodity. Forecasts predict continued growth in 2024 based on favourable fundamentals due to current supply shortages, major producers such as Cameco and Kazatomprom indicating they are unable to increase supply in the short term, geopolitical tensions (Niger coup d'état and Russian invasion of Ukraine), and 24 nations pledging to triple nuclear power capacity by 2050 (COP28).

"The US government recently announced that it plans to invest up to $500 million in enhancing domestic capacity to process uranium into nuclear fuel. We are encouraged by this inward investment as it will only further benefit the developments of our US projects, making Thor strategically poised to capitalise on the global shift towards green nuclear energy.

"Based on the success of Thor's drilling programs and the wider positive sentiment around uranium, Thor's team is also now reviewing additional prospects within the Project area for drilling evaluation."

Https://www.londonstockexchange.com/news-article/THR/uranium-update/16293709

4.40 being paid

4.07 / 3.5m

Letter of intent for funding with Piraeus Bank S.A.

Hellenic Dynamics Plc (LSE: HELD), a medical cannabis cultivator with a dedicated focus on producing tetrahydrocannabinol ("THC") dominant strains of medical cannabis flowers for the fast growing global medical cannabis markets, is pleased to announce that Piraeus Bank S.A ("Piraeus Bank") has conducted a review of Hellenic Dynamics five year business plan and have issued a letter of intent for funding ("Letter") which outlines the support from the bank for the provision of credit facilities on the submission of a detailed business plan, to be submitted on behalf of Hellenic Dynamics by a consultancy firm considered to be acceptable by Piraeus Bank.

Piraeus Bank, headquartered in Athens, is one of Greece's largest banks and one of the most prominent in the agricultural sector. Under the terms of the Letter, Piraeus Bank intends to consider providing Hellenic Dynamics with credit facilities, as follows:

1. export factoring for working capital;

2. letters of guarantee in respect of advance payment of certain Greek domestic grants which the Company has applied for; and

3. loans in respect of the expansion of cultivation buildings at the Company's 195,506 square meter facility in Northern Greece.

Any support provided by Piraeus Bank would contribute to the advancement of the Company's future developments and objectives, which underpins the Company's business plan and strategy.

Hellenic is now focusing on working with Piraeus Bank to move forward with this funding opportunity in order to develop and grow its business for the long term benefit of shareholders, and is intending to submit the required documentation to Piraeus Bank's appointed consultancy firm in due course.

Dr Fillipos Papadopoulos, Executive Director of Hellenic Dynamics, commented: "Piraeus Bank has been a steady supporter of Hellenic and a long term believer in the prospects of the Company and the medical cannabis sector in Greece. The expertise of its team in the agricultural sector allows the bank to have a deep understanding of medical cannabis cultivation and processing and thus facilitates an excellent working relationship. I am very pleased that we are now moving ahead with the various discussions pertaining to funding, the early payment of national grants the Company has applied for and of course the future expansion of our facility under our POD programmes."

Https://twitter.com/eqtec?lang=en

Https://www.proactiveinvestors.co.uk/companies/news/1038437/eqtec-italian-biomass-plant-gets-loan-drawdown-approved-1038437.html

Https://www.wsj.com/finance/commodities-futures/uranium-prices-jump-to-16-year-high-on-supply-woes-analysis-05c7086f

SP 2.845 / Turnover 1.02m

David Palumbo, CEO of EQTEC, commented:

"We are delighted to have achieved this significant milestone with Italia MDC. The whole team at EQTEC and Italia MDC have worked relentlessly, aligning technical, operational and commercial activities to achieve the outcome milestone. The financing by Banca del Fucino, a traditional, primary lender, indicates their confidence in our business proposition and underlines their investment strategy toward new energy solutions and supporting innovation. We remain committed to making Italia MDC a showcase of local capability , with new energy infrastructure in Italy and a demonstration of EQTEC syngas technology in a live, efficient and sustainable business."

EQTEC plc (AIM: EQT), a global technology innovator powering distributed, decarbonised, new energy infrastructure through its waste-to-value solutions for hydrogen, biofuels, and energy generation, is pleased to confirm that Banca del Fucino S.p.A., a historic private banking group based in Rome, (the "Lender") has approved the Company's drawdown of a loan facility of €2.9 million announced by the Company on 4 September 2023 (the "Facility") (the "Approval").

The Facility will provide financing for EQTEC Italia MDC Srl ("Italia MDC"), which owns the Italy Market Development Centre, located in Gallina, near Castiglione d'Orcia, Tuscany, Italy (the "Plant"). As announced by the Company on 21 December 2023, Italia MDC has completed a series of operational performance improvements and achieved the performance criteria set by the Lender. The Approval has been confirmed following the Lender's visit to the Plant on 10 January 2024, at which it was accompanied by Italia MDC staff and shareholders, including the Company.

As previously announced, the term of the Facility is 48 months, with an annual interest rate of 2.5% over the six-month Euro Interbank Offered Rate (Euribor), which is currently c. 3.9%. The loan is guaranteed up to 80% by MedioCredito Centrale S.p.A., which is controlled by the Italian Ministry of Economy.

Italia MDC intends to draw down the Facility in full imminently to support the Plant's business plan and to fund additional performance improvements as Italia MDC pursues further operational efficiency and commercial opportunities. Part of the Facility will also be applied towards repayment of shareholder loans that have funded the project to date, including part of the c €2.6 million loans made by the Company.

The Plant became operational in March 2023 and EQTEC completed handover protocols and transfer of plant operations to Italia MDC in June 2023.

Https://www.londonstockexchange.com/news-article/EQT/drawdown-of-bank-refinance-approved-for-italy-mdc/16289942

Https://www.mining.com/web/chinas-2023-iron-ore-imports-hit-a-record-high-on-rising-demand/

Https://www.proactiveinvestors.co.uk/companies/news/1038207/trident-royalties-still-liberum-s-top-small-cap-mining-pick-1038207.html

Https://www.mining.com/uranium-jumps-to-15-year-high-as-top-miner-flags-shortfall/

Stephen Sanderson UKOG's Chief Executive commented:

"The Placing's proceeds will help us to put our material Portland, Dorset salt cavern hydrogen storage project forward for an allocation award in the government's first hydrogen storage allocation round, now scheduled for Q3 2024. We are excited by the government's acceleration of the allocation round and its emphasis upon geological hydrogen storage, a welcome recent development which now makes the new hydrogen storage sector real and tangible."

The Company is also in discussion with a significant international trading house with regard to its participation in the Company's hydrogen storage project.